Tag: Australia

Australia-based DiviPay, which offers an all-in-one spend management solution for small-to-medium sized businesses, has bagged $20m in Series A funding.

Zeidler Group, a tech-driven law firm, has opened its first office in Melbourne, Australia, to support its expansion into the APAC region.

Australia-based MoneyMe has reportedly snagged $50m as part of a strategic partnership with Pacific Equity Partners.

Australian FinTech company Timelio has received a $270m in a debt facility supplied by Goldman Sachs and other unnamed investors.

Australasian InsurTech company Open has raised $31m in a growth round supported by international investors, as it gears up for New Zealand launch.

A payments system review by the Australian government has detailed key regulatory issues in the country’s payment ecosystem.

Overall spend on Australian cards in 2020 was down by 2.2% - the first recorded drop – but the overall value of card fraud increased by 0.6%.

Australian business banking alternative Zeller has secured A$50m from a recent funding round to supercharge the development of its integrated business banking platform.

Australia-based InsurTech Expense Check has rebranded to Kanopi, alongside the close of a AUD 4m ($3m) investment.

Food processing giant JBS Foods has closed down production at multiple sites globally following a cyberattack.