Topic
Westpac, Commonwealth Bank, and NAB band together to launch payments app
Commonwealth Bank, Westpac, and National Australia Bank are launching a payments app to enable instant payments for consumers and businesses.
Topic
Westpac launches wearable payments offering PayWear
Westpac is set to launch PayWear, its own wearable offering allowing customers to make tap and go payments on contactless-enabled terminals.
Topic
ANZ appoints first Chief Design Officer to build out new experiences for customers
ANZ has announced the appointment of Opher Yom-Tov, former general manager of global design consulting firm IDEO, as the bank’s first Chief Design Officer.
Topic
Stone & Chalk, Westpac, and Data Republic partner to launch data accelerator FUELD
Stone & Chalk has partnered with Westpac and Data Republic to establish FUELD, a new accelerator program supporting data startups.
Topic
HR startup Flare raises $7.2 million in funding led by Reinventure Group to build out product
Flare HR has announced the close of a $7.2 million funding round led by Reinventure Group, which will be used to build out Flare’s HR solution
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Sydney data science startup Hyper Anna raises $16 million Series A round led by Sequoia China
Hyper Anna has raised $16 million in a Series A round led by Sequoia China, with participation from existing backers Airtree Ventures and Reinventure.
Topic
Westpac invests $40 million in buy now, pay later payment service zipMoney
Westpac has invested $40 million into ASX-listed zipMoney through a private share placement for a 17.11 percent stake in the company, with a further $8 million to be invested subject to performance.
Topic
ANZ and Westpac link up with IBM and Scentre Group for blockchain trial
ANZ and Westpac have joined up with IBM and Scentre Group to digitise the bank guarantee process for commercial property leasing, using blockchain.
Topic
Open banking startup Basiq secures investment from Reinventure and NAB Ventures
Sydney-based open banking startup Basiq has secured seed investment from NAB Ventures and Westpac’s VC fund Reinventure Group.
Topic
Blockchain startup R3 raises US$107 million Series A with participation from Westpac and Commonwealth Bank
Blockchain startup R3 has announced the close of a US$107 (AU$143) million Series A round, marking the largest raise for a blockchain startup to date.
Topic
Australian not-for-profits morphing into digital businesses, NFP Innovation Index finds
The Australian not-for-profit (NFP) sector is increasingly adopting new technology to go about its work, its innovation chops rising nine percent over the last 12 months to 63.3 in the 2017 NFP Innovation Index.
Topic
Reinventure Group appoints Kara Frederick as General Partner to help fintechs expand into the US
Reinventure has announced the appointment of Kara Frederick as General Partner, to strengthen its ability to help Aussie fintech’s expand into the US.
Topic
Online lending platform Prospa raises $25 million round led by Airtree Ventures
Prospa has announced the closing of $25 million in funding led by AirTree Ventures, which will be used to help the business grow its technology and team.
Topic
Sydney startup Hyper Anna raises $1.25 million from Reinventure and AirTree Ventures
Sydney startup Hyper Anna has today announced it has raised $1.25 million in funding from Westpac’s VC arm, Reinventure and AirTree Ventures. The investment will help the startup launch its product in the US next year.
Other
Sydney FoodTech startup HowAboutEat wants to stop office workers from skipping lunch
The thing about working in an office is that you can spend all morning daydreaming about what you’re going to eat for lunch, only to then get swept up in work and forget to eat until 3pm and then just eat a small, sad snack at your desk, or forget about eating altogether. The team behind HowAboutEat, the latest startup to join the ranks of Sydney’s FoodTech army, know they can’t stop people eating at their desk, so they want to make sure people are at least eating well.
