ANZ has shut down another startup backed by 1835i, the bank’s former VC fund, which it also terminated earlier this month, DataCo Technologies, developed inside the 1835i Creation Lab, helped businesses collaborate safely on customer data sharing. Its closure follows the shutdown of fintech Cashrewards last month, despite a $100 million investment and the sale of… Read more »
Embattled bank ANZ has shut down its venture capital arm, 1835i, just three weeks after cashing in its chips in Airwallex – US$44 million ($A67m) stake sold to the fintech’s founders and executives. The writing was on the wall for the business, which still had 10 companies in its portfolio, when ANZ, under new CEO… Read more »
ANZ-backed online shopping cashback platform Cashrewards has shut down. The company announced its demise on Monday afternoon with a notice saying “From 12pm AEST, Monday, 8 September 2025, Cashrewards ceased making offers available on its Website, App and Notifier.” Customers received an email around two hours after the shutdown, with the headline “URGENT: Cashrewards is… Read more »
The venture arm of embattled Big Four bank ANZ has offloaded its stake in international payments fintech Airwallex for $67 million, just five years after first investing, 1835i sold its US$44 million stake to Airwallex founders and executives in a deal that adds nothing to the company’s cash balance. All up they nabbed US$70m (A$106m)… Read more »
A data sharing startup DataCo Technologies has emerged out of ANZ Bank’s VC and innovation arm, 1835i, to help businesses organisations safely test and realise the value of collaborating on data. The DataCo Collaboration Platform allows organisations to connect and collaborate on customer data, leveraging the latest privacy enhancing and data protection technologies to remove… Read more »
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