Accelerator

Here are the 5 startups the Commonwealth Bank’s venture-scaling arm, x15ventures, chose for its next pitch day

- August 6, 2021 2 MIN READ

CBA’s venture-scaling arm,  x15ventures, has singled out 5 startups to present for investment at its upcoming Pitch Day. The VC accelerator had more than 60 entrepreneurs apply for its Xccelerate21 program, which this year is looking for ideas around how retail customers shop, pay and are rewarded. Ten companies were chosen for this week’s initial… Read more »

Consumer Data Right

CBA’s startup investment arm, x15ventures, tips $1 million into ASX-listed fintech subsidiary Payble

- April 13, 2021 < 1 MIN READ

The Commonwealth Bank’s venture scaling arm, x15ventures, has invested $1 million for a 26.7% stake in bill payments startup Payble, a subsidiary of listed IT company Identitii (ASX: ID8). Payble tackles late and failed bill payments before they happen, seeing the possibilities in open banking through Consumer Data Right (CDR) to tackle a problem with… Read more »

Fintech

CBA’s x15ventures buys hospitality platform Doshii

- January 28, 2021 2 MIN READ

The Commonwealth Bank venture scaling entity, x15ventures, has made its fifth acquisition in the 12 months since launching, adding hospitality platform Doshii to its portfolio. The cloud-based startup connects food apps with a venue’s point of sale system. The acquisition was announced at CBA’s 2021 technology update at the bank’s new tech hub at South Eveleigh,… Read more »

News & Analysis

CBA’s x15ventures ramps up leadership team with Jane Martino and Ben Heap signing on

- January 27, 2021 2 MIN READ

Commonwealth Bank’s venture scaling entity, x15ventures, has made two key appointments, including its first non-executive, independent chairman in Ben Heap, while Jane Martino will become x15’s first external portfolio adviser. Heap is prominent in startups and investment, as founder of fintech VC fund H2 Ventures, having invested in more than 50 fintech start-ups over the… Read more »

Fintech

CBA’s x15 Ventures is offering $150,000 in funding for a fintech startup helping young people with their finances

- September 9, 2020 < 1 MIN READ

The Commonwealth Bank’s VC fund, x15 ventures, is holding a second Xccelerate fintech pitch event, with the winning idea landing $150,000 from CBA. The virtual pitch on November 3-4, and applications for Xccelerate are open until September 27. You can apply here. The shortlisted startups will be notified by October 23. x15 ventures is running Xccelerate… Read more »

News & Analysis

A small business startup building relationships with corporates has won the $300,000 prize from CBA’s new accelerator program

- July 24, 2020 3 MIN READ

Two sisters connecting small companies with corporate buyers have won the inaugural Xccelerate2020 venture program hosted by the Commonwealth Bank’s X15 Ventures, landing a prize worth more than $300,000 from CBA and Microsoft. Frances Atkins and Naomi Vowel co-founded givvable, a platform that helps companies find and source sustainable suppliers. On top of $150,000 in… Read more »