Melbourne fintech Airwallex has topped up its Series D round by 50%, raising an extra US$100 million (A$130m) for a total of US$300m. The raise gives the privately owned business a new valuation of US$2.6 billion. The company is hoping to generate $100 million in revenue this year. Airwallex says the funds will be used… Read more »
Airwallex has topped up its US$160 million (AU$254m) series D raise from April with an extra US$40 million ($57m) with Skip Capital, the family investment fund run by Kim Jackson with her husband, Atlassian co-founder Scott Farquhar. Regular backer Square Peg Capital also returned for the latest cash injection, which continues to value the… Read more »
Non-bank lender Moula has raised $20 million in Series D equity funding to scale up its business lending. The round for the Melbourne fintech, which offers same-day, short-term loans worth $5,000-$500,000, was led by Escala Partners supported by existing shareholders Liberty Financial and Acorn Capital. Moula previously raised $30 million in 2015. Co-founder and CEO Aris Allegos (pictured above)… Read more »
Payright co-founders Piers Redward and Myles Redward. Photo: supplied Melbourne-based payment instalments startup Payright has raised $27 million Series D funding in a mix of debt and equity as it pushes to grab a bigger slice of the buy now, pay later retail market. The three-year-old venture has now raised more than $55 million… Read more »
Vend has announced the appointment of former Yelp director Dave Scheine as the company’s new country manager for Asia-Pacific.
Prospa has announced that it has raised a $20 million debt facility from Silicon Valley based VC firm Partners For Growth.
National Australia Bank has led a US$24 (AU$32) million Series D round for Toronto-based cloud accounting startup Wave through its VC fund, NAB Ventures.