Commonwealth Bank-backed Swedish bank and payments fintech Klarna has raised US$1 billion (A$1.3bn) in a fresh equity round from new and existing investors that gives values the business at an astonishing US$31 billion (A$40bn). That new valuation is a 200% jump on just six months ago, and a rise of nearly 500% on the US$5.5bn… Read more »
Former Commonwealth Bank executive Angela Clark has been appointed CEO of Beem It, the P2P payments app launched by a handful of banks earlier this year.
The RegTech Association has appointed former general manager Deborah Young as its new CEO, with Commonwealth Bank’s Jasper Poos coming on as a director.
First announced last October, payments app Beem It has launched this month with backing from Westpac, Commonwealth Bank, and NAB.
Commonwealth Bank, Westpac, and National Australia Bank are launching a payments app to enable instant payments for consumers and businesses.
Blockchain startup R3 has announced the close of a US$107 (AU$143) million Series A round, marking the largest raise for a blockchain startup to date.
This will allow any vendor using the point-of-sale system to essentially become a delivery-ready store, with GetSwift automatically queueing, batching, routing, and dispatching the delivery of any products purchased through an Albert POS.
MEETIG8’s online job marketplace provides a simplistic and cheap way for companies to hire freelance risk compliance and audit professionals.
Wagga Wagga coworking space Working Spaces HQ has announced the second cohort taking part in Incubate @ 35 degrees, its regional incubator program.
The Commonwealth Bank has announced the sale of its remaining stake in Visa for $439 million following a review of its capitalised software assets.
The Commonwealth Bank of Australia (CBA) has today announced the signing of a Memorandum of Understanding (MoU) with Ant Financial Services Group’s mobile and online payment platform, Alipay.
Sydney fintech startup Kounta has today announced a partnership with the Commonwealth Bank which will see a range of payment and point-of-sale processes integrated into the bank’s EFTPOS tablet ‘Albert’.
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