Governor of Victoria Linda Dessau
People

Mr Yum named Victoria’s startup of the year

- May 30, 2023 2 MIN READ

Hospitality ordering app Mr Yum has been named startup of the year in the annual Governor of Victoria Startup Awards. The fintech, currently in talks with rival Me&u over a possible merger, was recognised for its role in helping the state’s restaurant sector continuing to operate during pandemic restrictions and now helping the hospitality sector… Read more »

Rehan D'Almedia
Politics

FinTech Australia and open banking companies want the federal government to sort out a consumer data right roadmap

- May 30, 2023 3 MIN READ

Australia’s roll out of open banking under the consumer data right (CDR) is stalling ahead of the third anniversary of its introduction, with industry lobby groups and the fintech sector calling on the federal government to put in place a long sought-after roadmap for CDR implementation. FinTech Australia and the Financial Data and Technology Association… Read more »

hipages founder and CEO Roby Sharon-Zipser
ASX

Tradie marketplace Hipages cops misleading conduct charge from consumer watchdog over subscription cancellations

- May 30, 2023 2 MIN READ

ASX-listed tradesperson platform Hipages Group has conceded to regulator the Australian Competition and Consumer Commission (ACCC) that it potentially engaged in misleading or deceptive conduct over four years involving its subscription renewals and termination fees. The ACCC said the company’s actions were in breach of the Australian Consumer Law between October 2018 to January 2022… Read more »

beer, drinks, friends, celebrate
Business

Online drinks retailer Hairydog buys BoozeBud from administrators

- May 30, 2023 2 MIN READ

Victorian alcohol delivery startup Hairydog Group has added rival BoozeBud to its portfolio, acquiring the company’s assets a month after the business was placed in administration. The terms of the deal were not disclosed by Hairydog says the acquisition will push its annual revenue above $75 million, delivering incremental profitability and reinforcing its position as… Read more »

delete social media, Facebook
Social Media

Nobody’s sure if quitting social media has long-term benefits because most people can’t stop for long enough to find out

- May 30, 2023 3 MIN READ

Being on social media has become synonymous with living in the 21st century. Year after year, we see new platforms and smarter algorithms roping us into highly addictive online worlds. Now, a growing number of people have noticed this trend and are actively making an effort to resist it. Anecdotally, a case can be made… Read more »

Alina Hunter and Lucy Chambers
Funding

Female-founded edtech Cleverbean raises $200,000 to reduce teach burnout

- May 29, 2023 2 MIN READ

Edtech Cleverbean has raised $200,000 in Seed funding from Victorian early-stage investor Skalata Ventures to help reduce teacher burnout, at a time when a record number are leaving the profession. The startup offers thousands of evidence-based and research-backed learning materials for the K-6 Australian English curriculum. Cleverbean was cofounded Lucy Chambers, a teacher, and Alina… Read more »

Mike Cannon-Brookes
Business

Atlassian’s Mike Cannon-Brookes wins the billionaires battle for flailing renewable energy startup Sun Cable

- May 26, 2023 2 MIN READ

The battle for control of failed renewable energy startup Sun Cable between billionaires Mike Cannon-Brookes and Andrew Forrest has been won by the Atlassian cofounder. Sun Cable’s voluntary administrators FTI Consulting, announced on Friday afternoon that they’d entered into an asset sale agreement (“ASA”) with Helietta Holdings 1 Pty Ltd, an entity affiliated with Grok… Read more »

The Chainsmokers
Funding

The Chainsmokers, Paris Hilton pile into $23 million Series A for expat Australian online shopping startup

- May 26, 2023 2 MIN READ

Paris Hilton and electronica duo The Chainsmokers have been added to the A-lister cap table of LA-based expat Australian startup Checkmate, which has raised US$15 million (A$23m) in a Series A. The round was led by GV (formerly Google Ventures), with support from DJ duo Alex Pall and Drew Taggart’s VC fund Mantis, plus several… Read more »

Funding

Kiwi startup funding rose nearly 8% to NZ$726 million in 2022

- May 26, 2023 3 MIN READ

While startup funding globally fell last year, New Zealand venture capital investment was still on the rise, with NZ$726 million poured into 154 deals in 2022, according to the Technology Investment Network (TIN). The Technology Investment Report, launched in Auckland as part of Techweek 2023, covers funding Pre-Seed to Series C+, tracking record levels of funding… Read more »

Professor Hind Benbya,
Events

Deakin University’s annual AI festival is on next week

- May 25, 2023 2 MIN READ

Deakin University’s Centre for AI and the Future of Business is holding its third annual AI Festival in Melbourne next week on June 1-2. The 2023 theme ‘Co-creating value with AI’ will bring together more than 150 business leaders, tech innovators, scholars, and policy makers, including 25 expert presenters. A series of panel sessions will… Read more »

Tank Stream Labs
Business

Airtasker is backing a new coworking office for social impact startups at Tank Stream Labs

- May 25, 2023 2 MIN READ

Sydney coworking community and service provider Tank Stream Labs has opened a new CBD office for dedicated to social impact companies, with support from ASX-listed jobs marketplace Airtasker. The partnership means Tank Stream Labs can offer even more affordable office space to social impact companies making a positive impact in their communities, environment, and other… Read more »