Emerging Sydney fintech Avenue Bank has been granted a restricted banking licence by the financial regulator APRA. The digital bank has been gearing up for this moment after raising $37 million in a series B round back in February. Veteran CBA exec George Confos was appointed Avenue CEO last year. The fintech previously raised $11.4… Read more »
APRA has authorised fintech Volt as a restricted authorised deposit-taking institution, making Volt the first of the digital banks to secure the licence.
Nearly 9000 taxi drivers just scored $152 million from Uber as compensation for its illegal launch in Australia 
SISTER ACT: Nicola Forrest drops $100 million into an investment fund to back women 
3 ways Spotify’s annual Wrapped of songs you listen to helps define who you are 
Western Australia launches $150 million startup investment program, backing 7 VCs with $45m 
Daily startup news and insights, delivered to your inbox.
