Tag: Australia

Sydney-based robo-advisor and fund management firm Stockspot has raised $2.2m in a Series B round. Australian asset management company ETF Securities’ founder Graham Tuckwell co-led the investment with Alium Capital.

HR and payroll platform Flare HR has reportedly secured a $7m investment from Westpac Banking’s venture firm Reinventure Group.

Australia-based Spriggy has reportedly raised around $2.5m in its latest funding round led by Alium Capital.

Payment solution provider ZipMoney has completed a $40m strategic investment from Australian bank Westpac.

Australia-based Bitcoin exchange Bitcoin.com.au has reportedly netted $815,000 in its series A funding round.

Australia-based Simply Wall St has closed its Series A on $1.8m from its user base of 100,000 retail investors.

Australian cross-border payments service Airwallex has landed $13m in a round led by Chinese web giant Tencent. Sequoia Capital China, MasterCard and existing backer Gobi Ventures also participated.

Australian venture capital firm Square Peg Capital has closed its latest fund with $180m (AU$234m). The firm invested in payments disruptor Stripe’s $100m Series C round in July 2015.

Accounting software provider MYOB is expanding its payments capabilities with the acquisition of Paycorp for A$48m ($36m).

The Sydney-based company picked up A$25m ($19.18m) in a Series B round led by AirTree Ventures. Entrée Capital and Ironbridge Capital also participated in the round.