Startup · $10m raised
Every investor coverage indicates participated in a round Basiq raised.
| Investor | Rounds | Invested |
|---|---|---|
| Afterpay Ventures | Unnamed stage | $10,000,000 |
| NAB Ventures | Unnamed stage | - |
| Reinventure Group | Unnamed stage | - |
| Salesforce Ventures | Unnamed stage | - |
| Westpac's Reinventure | Unnamed stage | - |
The transaction that ended Basiq'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 |
|---|---|---|---|---|
| Cuscal | Acquisition | 14 Mar 2023 | $80m | Australian FinTech (Tue 24 Jun 2025), Startup Daily (Tue 12 Mar 2024), Startup Daily (Tue 6 Feb 2024), Australian FinTech (Tue 14 Mar 2023), Startup Daily (Fri 10 Mar 2023) |
Companies Basiq acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Damir Cuca | CEO (former) · Founder | Australian FinTech (Tue 24 Jun 2025), Australian FinTech (Tue 14 Mar 2023), Startup Daily |
| Damir Ćuća | CEO | Australian FinTech |
Stories naming Basiq. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ASX-listed venture fund Touch Ventures is parting with chief executive Hein Vogel; the piece recalls its 2021 $100 million listing, heavy write-offs on PlanPay and Till Payments, and Basiq's sale to Cuscal.
Payments firm Fat Zebra has acquired open-banking platform Adatree, price undisclosed, with all staff moving across; the piece also recalls Adatree's 2021 seed round and the sector's slow consumer-data-right progress.
Also Fintech News Australia·Australian FinTech·Fintech News Australia·Fintech News Australia
Payments company Cuscal is acquiring open banking data firm Basiq for an undisclosed price, letting backers NAB Ventures, Salesforce Ventures, Reinventure and Visa cash out.
Also Australian FinTech·Startup Daily·Startup Daily·Australian FinTech
Payments company Visa has taken a stake in open data platform Basiq to speed its API growth, with Visa and Touch Ventures each adding a representative to the company's board.
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.
Basiq unveils the first version of its consent experience for Australia's Consumer Data Right, letting consumers share banking data safely; the open banking platform is described as backed by NAB Ventures, Salesforce Ventures and Reinventure.
Reinventure Group promotes its first two employees to partner roles, while the article recalls its earlier investments in SocietyOne, Slyp, Curious Thing and Flybits, and Westpac's role as limited partner.
Profile of payments startup Split Payments covering its Byron Bay base, founding team, open banking products, its Series A round closed in late 2018, and several industry awards.