Tag: Australia

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.

Australian accounting platform Practice Ignition has picked up AUD$5m ($3.75m) in a Series A funding round.

Telstra Global Enterprise Services' global banking expert discusses how the company is attempting to "de-risk" FinTech collaboration for established institutions.

Australian blockchain-based software developer Digital X has raised AUS$1.62m ($1.2m) in post-IPO equity and inked a new deal with remittances company UniTeller.

Traditional financial services providers in Australia are not too worried about FinTech disruption, the country's first ever sector survey shows.