Cryptocurrency

Reinventure’s bet on Coinbase returns $546 million, boosting Westpac’s bottom line by $288m

- April 28, 2021 2 MIN READ

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 »

Angels investors
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Reinventure makes two of its ‘lifers’ partners in the VC fund

- September 5, 2019 < 1 MIN READ

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 »

Everproof
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Melbourne verification startup Everproof raises $1.5 million seed round led by Reinventure

- February 20, 2018 3 MIN READ

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 »