Verve is a women-only fund focused on closing the gap between men and women’s super: women currently retire with an average of 47 percent less super than men.
Fintech startup Athena has raised a $15 million Series A round, with funding coming from Macquarie Bank, Square Peg Capital, Apex Capital, and Rice Warner.
Targeted at “lower net worth individuals”, the Ilumony platform is primarily focused around providing advice on KiwiSaver account.
Stockspot has announced the closing of a $3 million Series B round which will be used to help build out its digital product and expand its user base.
MYOB has launched Advanced People, a new cloud payroll solution designed to help mid-market businesses manage their payments.
SavvyKiwi looks to help match savers to the right fund. It then keeps monitoring the fund to keep savers abreast of any issues or changes that they should be aware of and, if they choose to switch, helps them easily transfer to another fund.
New startup Spaceship is set to launch its mobile-only superannuation fund after receiving $1.6 million in funding led by Atlassian cofounder Mike Cannon-Brookes. The startup has a particular focus on enabling people to invest their super into technology-driven startups and companies.
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.
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