Company
Melbourne, VIC
Every investor coverage indicates participated in a round Ferocia raised.
The transaction that ended Ferocia'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 |
|---|---|---|---|---|
| Bendigo and Adelaide Bank | Acquisition | 2002 | $116m | Startup Daily, Australian FinTech (Thu 14 Oct 2021), Australian FinTech (Mon 16 Aug 2021) |
Companies Ferocia 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 |
|---|---|---|
| Dom Pym | Founder | Fintech News Australia, Startup Daily |
Stories naming Ferocia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Commonwealth Bank's venture arm x15ventures and specialist fund Triple Bubble announce a partnership to support Australian fintechs with capital, mentoring and talent exchange between the bank and startups.
Dom Pym discusses his journey from engineering to founding Up Bank and now investing via Euphemia, focusing on social good and underrepresented founders.
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.
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.
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.