Company
Melbourne, VIC
Every investor coverage indicates participated in a round Assembly Payments raised.
The transaction that ended Assembly Payments's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| CurrencyFair | Merger | 8 Apr 2021 | - | Startup Daily (Thu 4 Nov 2021), Startup Daily (Sun 11 Apr 2021), Startup Daily (Thu 8 Apr 2021) |
Companies Assembly Payments acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Assembly Payments. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
AUDC, issuer of the AUDD stablecoin, has hired Andrew Kitchen as CFO and José Barroso as growth general manager, deepening its executive bench amid rising demand and its recent New Zealand token launch.
Stablecoin issuer AUDC hires Andrew Kitchen as CFO and José Barroso as growth chief, extending an executive build-out to support rising demand for its digital-money and settlement services across Australia and New Zealand.
Payments company mx51 has closed a Series B round of $32.5 million with existing backers participating, after an undisclosed lead investor, and plans to expand in Australia and internationally.
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Block Earner appoints Apurva Chiranewala as general manager, with other senior hires named, as the blockchain fintech prepares to launch its decentralised finance platform for Australian consumers.
Melbourne fund manager Salter Brothers led a $6.5 million Series A in payments platform Verrency, with Perennial Value Management and existing shareholders also investing; Simon Jones joins the board.
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Weekly roundup covering CBA's strategic stakes in Little Birdie and Amber, several Australian funding rounds, Zip's BNPL acquisitions, Tritium's planned NASDAQ listing, Amazon's MGM purchase and other global tech news.
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Profile of CashD, a Sydney earned-wage-access fintech, covering its team, origins and plans; the company notes it has finalised a seed round with unnamed significant investors.
Ignition Lane's weekly roundup covers Canva's US$71 million raise, several Australian payments acquisitions and mergers, local raises by Cyble, Enboarder, Rendr and Basiq, plus overseas deals including Plaid, Box, Ramp and Coinbase's listing.
Melbourne payments firm Assembly Payments is set to merge into Irish cross-border payments platform CurrencyFair, driven by backer Standard Chartered. Terms undisclosed, approval pending, and CurrencyFair's chief executive will run the combined business.
Standard Chartered, via SC Ventures, has made a strategic investment prompting payments companies CurrencyFair and Assembly Payments to announce a merger, to be led by CurrencyFair's CEO, pending shareholder and regulatory approval.
Westpac is backing mx51, a payments spin-off from Assembly Payments, to compete with global payments providers and Tyro, using open architecture supporting systems including Afterpay and Zip.
Also Startup Daily
Assembly Payments and Standard Chartered are forming a jointly owned, Singapore-based ecommerce payments venture to take Assembly's technology offshore, after a year of discussions between the two firms.
Australian payments firm Assembly Payments deepens its bank partnership and prepares overseas growth, naming Victor Zheng co-CEO; its backers and point-of-sale partners are listed.
Payments startup Assembly Payments has landed fresh backing from Westpac, whose merchant terminals will be linked with point-of-sale software to remove duplicate transaction entry for cafes and restaurants.