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Investec raises $45 million to reach first close of Emerging Companies Fund 1
After announcing its launch last November, investment bank Investec has raised $45 million to reach the first close of its Emerging Companies Fund 1.
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Lessons for fintech startups from the banking royal commission
As the finance sector deals with the fallout, fintech startups are taking note of both the lessons to be learned and the opportunities that have emerged.
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Sydney AI startup Curious Thing raises $1.5 million from Reinventure and Qualgro
Sydney artificial intelligence startup Curious Thing has raised $1.5 million in seed funding from Reinventure Group and Qualgro.
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ASIC joins international regulators to launch Global Financial Innovation Network
ASIC has joined 28 international bodies in launching the Global Financial Innovation Network (GFIN), which aims to support financial innovation in the interests of consumers.
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New Zealand startup Parkable acquires Brisbane’s Park Genie
New Zealand startup Parkable, which enables drivers to find and pay for a parking spot via an app, has acquired Brisbane outfit Park Genie.
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Just 25 percent of Australian business leaders believe innovation is core to their business
Only a quarter of Australian business leaders believe innovation is core to their business, a report from Ricoh has found.
Advice
Newest Sydney coworking space Kafnu Alexandria prepares to open its doors
Adding something new to the coworking mix is Kafnu, a coworking space and hotel set to open next month in Sydney’s Alexandria.
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Telstra to launch Innovation and Capability Centre in Bangalore to source tech talent
Telstra is set to recruit 1,500 new staff in tech roles, to be sourced “where the best talent is available, both within and outside of Australia,” the company’s CEO Andy Penn announced yesterday.
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Flying taxis within five years? Not likely
But there’s a big difference between a helicopter-style charter service and a fully operational fleet of flying taxis – whether they’re automated or piloted by humans.
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Israeli buy now, pay later service Splitit completes $12 million IPO to list on ASX
Israeli fintech startup Splitit has completed the first ASX listing of the year, following the closing of a $12 million initial public offering (IPO).
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Real-time payments to hit 10.1 trillion by 2023: report
The Visa Insights: Australia’s Fast Future report suggests real-time payments and person to person (P2P) payments will reach 10.1 trillion by 2023 led by demand from the gig economy.
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Courier startup Sendle raises $20 million Series B led by Federation
Courier service Sendle has raised $20 million in a Series B round led by Federation, with participation from Full Circle Venture Capital, Rampersand, and Giant Leap Fund.
Advice
Matchsmith is an online dating support service for the swiping age
Lending a hand to those suffering from swipe fatigue is Australian dating service Matchsmith. Founded by Holly Bartter, Matchsmith provides clients with assistance in “navigating their online dating life”.
Advice
How to build a strong culture among distributed teams
Company culture is something that is easily overlooked with distributed teams, especially as a company scales.
Advice
It’s designers who can make gaming more accessible for people living with disabilities
Despite the celebratory discourse around gaming’s increased accessibility, serious efforts to make gaming accessible to people living with disability remain rare.
