Founder & CEO, WeMoney
Stories naming Dan Jovevski. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
WeMoney has launched WeMoney Connect, an AI lending assessment tool using consented Consumer Data Right bank data, in limited early access for Australian lenders, with Mastercard as strategic investor.
Radium Capital's R&D lending has passed $1 billion across 1,000-plus companies since 2017; case studies recall WeMoney's $12 million Series A and ElectraLith's $27.5 million Main Sequence-led round.
Also Startup Daily·Australian FinTech·SmartCompany·Fintech News Australia·Fintech News Australia
Funding roundup covering six Australian-linked startups: Superpower's US$30m Series A, WeMoney's $12m Series A plus debt facility, InsightWise's $1m pre-seed, and Bupa's first venture investments in three health startups.
Weekly roundup listing seven Australian startups and their raises, totalling $17.7 million across AI, packaging materials, fintech, digital health, music licensing, construction software and swimwear.
Also Startup Daily
WeMoney closed a $3 million round from largely existing backers, following its 2020 seed and 2022 raises, and signed a Mastercard Open Banking deal while preparing a larger raise.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup News (WA)
WA venture fund Purpose Ventures stages a discounted founders' dinner on preparing for investment, backed by a state industry fund program and featuring WA founders; the event has since sold out.
The article reports WeMoney achieved its first profitability in late 2022, with strong revenue and user growth, and notes it may fundraise in 2023 after raising $9m to date from several backers.
Startup News hands out its fifth annual community-voted awards, honouring WeMoney, Stuart Kidd and Paula Taylor, plus Spacecubed's Golden Ticket won by Matilda, and recaps the year's most-read stories including several funding rounds.
WeMoney closed a $7 million round in March 2022, led by Full Circle VC and Betterlabs with new backers, following its 2020 seed raise, to fund product development.
Also Startup News (WA)·Cut Through Venture·SmartCompany·SmartCompany·Australian FinTech
Podcast interview with Dan Jovevski, WeMoney's founder and CEO, covering his earlier fintech exit at SwitchMyLoan and the two million dollars his Covid-era startup WeMoney has raised.
Also SmartCompany·Australian FinTech·SmartCompany·Startup News (WA)·SmartCompany·Startup Daily·Startup Daily·Australian FinTech·Startup News (WA)·Australian FinTech
Roundup of seven startup funding deals, led by Airwallex's $57 million Series D add-on, with new raises at Capify, Snappr, LivePreso, TradeSquare, WeMoney and Catalyst.
Perth fintech WeMoney has launched publicly with a $2 million round led by RAC's venture arm BetterLabs, joined by Full Circle VC and several angel investors, for its community-based money management app.
Also Australian FinTech·SmartCompany·Startup News (WA)·SmartCompany·Startup Daily·Startup Daily·Startup News (WA)·Australian FinTech·Startup News (WA)·Australian FinTech