January 2015 was an interesting time for bitcoin and Westpac’s fintech venture capital fund, Reinventure. Simon Cant and Danny Gilligan, co-founded the VC with Westpac the year before. Bitcoin kicked off the year at around US$300, before crashing to $170 within a fortnight. The cryptocurrency would climb to $465 before the year was out and… Read more »
Reinventure Group has made Rohen Sood and Lauren Capelin, the first two people the fintech-focused venture capital fund employed when it launched five years ago, partners. Investment Manager Rohen Sood has been made General Partner. He was the company’s first employee following its inaugural investment into peer-to-peer lender SocietyOne in 2014. Sood has most recently… Read more »
Funding from Point72, Bridge lane, Tank Stream and Reinventure, has allowed workplace software startup Flare to make progress on the next evolution of their financial wellness vision to help working Australians live their best financial life.
Sydney artificial intelligence startup Curious Thing has raised $1.5 million in seed funding from Reinventure Group and Qualgro.
Slyp, which allows merchants to send a customer’s receipt directly to their banking app, has raised $2 million in a seed funding round led by NAB Ventures.
Now might be exactly the right time in Australia to start a fintech, but what exactly the best investors are looking for can be a mystery for new founders.
VC firm Reinventure Group has closed its third $50 million fund, with Westpac once more backing the firm as it looks to expand its focus to Asia-Pacific.
On-demand video startup Biteable raises $2.8 million as cybersecurity startup Kasada raises $2.5 million
Hobart video startup Biteable, which allows users to create simple marketing videos online, has raised $2.8 million in a Series A round led by existing backer Tank Stream Ventures and Microequities Venture Capital Fund.
Property investment platform BrickX closes out $9 million Series A round with backing from NAB Ventures
With Reinventure having announced its investment in November, the closing of the Series A brings the total raised by the startup to date to $12.5 million.
Melbourne startup Everproof, whose platform digitises and verifies accreditations, has raised $1.5 million in a seed funding round led by Reinventure and Allectus Capital as it looks to expand its offering into the financial services market. Launched by Hugh Krantz, Nathan Merzvinskis, and Andreas Limberopoulos in 2016, the platform allows users to store their various… Read more »
Dunedin startup CodeLingo has raised NZ$540,000 ($494,000) in seed funding from Australian venture capital firms Right Click Capital and Reinventure.
Westpac-backed venture capital firm Reinventure has backed property investment platform BrickX, as part of the startup’s yet-to-close Series A round.
Stone & Chalk has partnered with Westpac and Data Republic to establish FUELD, a new accelerator program supporting data startups.
Hyper Anna has raised $16 million in a Series A round led by Sequoia China, with participation from existing backers Airtree Ventures and Reinventure.
Josh Foreman saw through his work in a previous business the direct impact that bad debt has on SMBs, and came up with InDebted.