Company
Every published round Bendigo and Adelaide Bank 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 Bendigo and Adelaide Bank 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 Bendigo and Adelaide Bank, as distinct from the investments it has made.
Companies Bendigo and Adelaide Bank has backed that another company then bought. An exit for the holding, not a deal Bendigo and Adelaide Bank did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Bendigo and Adelaide Bank is recorded as having been acquired. | ||||
Companies Bendigo and Adelaide Bank 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 |
|---|---|---|---|---|
| Up Bank | Acquisition | Aug 2021 | $116m | Startup Daily (Wed 29 Jun 2022), Startup Daily (Fri 29 Oct 2021), Australian FinTech |
| Ferocia | Acquisition | 2002 | $116m | Startup Daily, Australian FinTech (Thu 14 Oct 2021), Australian FinTech (Mon 16 Aug 2021) |
| Name | Role | Sources |
|---|---|---|
| Marnie Baker | Managing Director | Australian FinTech |
Stories naming Bendigo and Adelaide Bank. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Earlypay, an ASX-listed lender, is buying Timelio, a Melbourne invoice and trade finance provider, for $3 million — a fraction of what its shareholders previously invested.
Invoice-financing firm Timelio's founding couple have stepped down as a shareholder rights issue raised $7.5 million, with a new chief executive appointed; the piece also recalls earlier backing and a bank unit purchase.
Startup Daily reports neobank Volt is winding up, returning deposits and selling its mortgage book after a failed capital raise, recapping earlier raises by Judo Bank and Alex plus past neobank failures and acquisitions.
A year-end recap of SmartCompany's most-read startup stories of 2021, recalling raises by Carted, Octopus Deploy, Who Gives a Crap and Judo Bank, plus a bank acquisition, listings and a liquidation.
Open banking firm Adatree names Alex Scriven its first chief operating officer, bringing banking and finance experience from Equifax and earlier banking roles to the data-driven company.
An Envestnet | Yodlee executive argues open banking and data aggregation have helped Australian fintechs grow through the pandemic, citing sector investment figures and past raises by Finder, Judo Bank, AfterPay and Airwallex.
Bendigo and Adelaide Bank has agreed to buy fintech Ferocia, creator of the Up banking app, for up to $116 million in shares, internalising the digital platform and its team while Ferocia runs as a standalone division.
Challenger banks Xinja and 86 400 reach APRA licensing milestones and launch app-based retail transaction and savings accounts, becoming the first neobanks to offer Australian retail deposit products.
Afterpay, Airwallex and Up Bank took major prizes at the 2019 Finnie awards in Melbourne; Airwallex's $141 million raise won biggest raise and Liberty's purchase of MoneyPlace took deal of the year.
FinTech Australia's 2019 Finnies awards recognised Airwallex with three trophies including Biggest Raise, Afterpay as FinTech Organisation of the Year, plus wins for Up, Zuper, Xinja, Athena and others.
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