Company
London
Every investor coverage indicates participated in a round Banked raised.
Every published round Banked took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Banked has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Banked, as distinct from the investments it has made.
Companies Banked has backed that another company then bought. An exit for the holding, not a deal Banked did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Banked is recorded as having been acquired. | ||||
The transaction that ended Banked'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 |
|---|---|---|---|---|
| NAB | Acquisition | 17 May 2026 | - | Dealroom, This Week in Australian Startups |
Companies Banked acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Waave | Acquisition | 14 Oct 2024 | - | Fintech News Australia, Australian FinTech |
| Name | Role | Sources |
|---|---|---|
| Brad Goodall | CEO and Co-founder | Dealroom, Australian FinTech, SmartCompany |
Stories naming Banked. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup: two acquisitions — Humankind buys management trainer The Mintable, NAB buys payments firm Banked — alongside a large government innovation spend, investor tax changes and a new AI accelerator.
Also Dealroom
Ranking of Australia’s five best-funded fintechs — Airwallex, Athena, Zeller, InDebted and Brighte — profiling each one’s total raised, most recent raise, backers, valuation and growth moves.
British Pay by Bank firm Banked has bought Australian payments startup Waave, deepening its Australian market push and gaining Waave's merchant pipeline, led by Chemist Warehouse, which plans a launch in early 2025.
London-based, Australian-founded open banking startup Banked has raised a seed round entirely from Backed VC, with plans to launch publicly in 2019 and possibly expand to Australia.