“We’re not a major fraud!”
This was the last sentence to leave Brandon Reynolds’ lips as he admitted defeat and the falsification of his new app Sociabl to David Campbell on The Today Show this morning.
Sydney based startup Booking Boss announced they have secured a partnership deal with online travel giant Expedia. The partnership will help connect tour operators and trade distributors in a more efficient way. This is a great milestone for the Aussie startup and has proved their commitment to global expansion.
The world’s leading fintech innovators were announced in this year’s Fintech 100 report, unveiled by KPMG and H2 Ventures at Sydney fintech hub Stone and Chalk yesterday. This year’s list was split into two categories, celebrating 50 established startups and 50 emerging stars, with Australian startups including Avoka, Equitise, and Moula making the list of emerging stars, while SocietyOne and Prospa named as established innovators.
Malcolm Turnbull has long been considered a champion of Australia’s tech and startup scene, but his declaration upon taking over as Prime Minister in September that “the Australia of the future has to be a nation that is agile, that is innovative, that is creative” made startup hearts across the country swoon. Now, three months… Read more »
Comparative sites in Australia are booming – whether you want to compare insurance companies, hotels, tours, or even people, there’s a site. To be noticed in the already cluttered cloud, real estate agent comparison platform RateMyAgent has decided to waive the commission fee and place consumers at the forefront of their business.
Big names from the Australian tech scene have dominated this year’s BRW Young Rich list. Atlassian founders Mike Cannon-Brookes and Scott Farquhar, top of the list with their combined wealth of $2.3 billion, are joined by 35 other young entrepreneurs who made their money in technology and internet-based ventures.
The wins keep coming for design startup Canva. Just a few weeks after closing a US$15 million Series A round that has valued the startup at $165 million, co-founder Melanie Perkins has taken out top prize at the NSW Technology Entrepreneur of the Year awards in recognition of her ‘entrepreneurial endeavours and role model qualities’.
After advertising for a local manager over the last few months, New York fitness startup ClassPass has finally announced its Australian launch, naming FitSessions cofounder Natasha Prasad as regional general manager for Australia.
Melbourne FinTech startup Clover, an automated investment advice platform, has announced the raising of a seed funding round by a number of investors including superannuation fund Equipsuper. Though the startup wasn’t willing to reveal the exact amount, Startup Daily was able to confirm that Clover raised over $1 million.
Sydney-based fintech startup zipMoney, described as ‘online lending meets the checkout’, listed on the Australian Securities Exchange (ASX) yesterday after raising $5 million in an oversubscribed reverse takeover of mineral exploration company Rubianna Resources.
Over the years, one thing that’s become increasingly clear about Dropbox is that it plays the long game when it comes user acquisition. It doesn’t aim to convert users to paying customers overnight or over months, but over years.
SMS-based on-demand service ASAP, which gives you whatever you want as soon as possible, was founded by two Sydney-based university students Dylan Samra and Kelvin Nguyen earlier this year, with Daniel Cunningham joining as a co-founder shortly after. Six months following its launch, ASAP has raised capital and merged with former rival Ketings.
It seems the co-founders are actually focusing on the more interesting side of alcohol delivery startup Liquorun: its logistics management platform. The software platform is now an entity of its own called Swift, which is growing fast and has customers from all over the world.
The number of female tech startup founders in Australia is growing slowly but steadily, increasing from 16 percent in 2011 to 19 percent in 2013, with only a fifth of these founders coming from a tech background.
Sydney-based startup Simply Wall St, which makes the stock market easier to navigate, has just announced the closing of a $600,000 funding round led by Mike Quinn from Innovation Capital, with participation from Sydney Angels and their Sidecar Fund. This brings the total amount raised by the startup to $700,000, including the original investment from AWI ventures.
Atlassian cofounder Scott Farquhar steps down as co-CEO 
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
Kiwi tech skills startup NextWork pockets $2.3 million pre-Seed raise 
Logistics software startup Veyor Digital shifts $2.75 million pre-Series A for US plans 
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