Macgregor Duncan

Seven ANZ startups that raised $111.5 million this week

Roundup of seven raises across the Tasman spanning fintech, marine tech, agtech, defence and AI, plus a first close for an ACT venture fund.

Constantinople raises A$62.5M Series B, nears unicorn status

Australian banking-tech firm Constantinople has closed a large Series B co-led by returning backers, per Dealroom; the piece recalls its earlier seed and Series A and highlights a client bank's full platform migration.

Also Dealroom·Cut Through Venture·Startup Daily

Constantinople in stealth cash call, on fast track to unicorn status

Square Peg and Airtree Ventures led Constantinople's newly completed $62.5 million round, per Street Talk; backers expect another raise within a year, which would value the banking software firm near $1 billion.

Sarah Thompson

Street Talk roundup: Tasman Capital's new fund reaches first close, EQT buys control of an NRL club, KKR eyes a Drifter exit, PAG dealmakers jump to Jardine Matheson, Colter Bay lands a debut loan.

Also AFR Technology·AFR Technology·AFR Technology·Dealroom

Five ANZ startups that raised $79 million in the past two weeks

Roundup of five raises across Australia and New Zealand: Constantinople's $50m Series A, Illuvium's US$12m, Forever Network's $6m, Starboard's NZ$5m seed and Medibis's $736,000 crowdfunding.

8th Annual FinTech Awards 2023: Macgregor Duncan, Co-Founder & Co-CEO, Constantinople, to be VIP Speaker

FinTech Awards names Constantinople co-founder Macgregor Duncan as VIP speaker for its August Sydney event, noting the banking startup's record $23 million seed raise with co-founder Dianne Challenor.

Seven startups that raised $77.2 million this week (kind of)

Weekly roundup of seven Australian and New Zealand startup raises, headlined by a previously unreported $32 million seed for banking software venture Constantinople, plus new rounds for six other companies.

Also Startup Daily·Startup Daily·Techboard·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·AgFunderNews·Startup News (WA)·Forbes Australia·AgFunderNews

Westpac flags more fintech deals after SocietyOne tie-up

Westpac will share its banking licence with lender SocietyOne, its second fintech partnership in five months after Afterpay, and a senior executive expects more such deals this year.

Westpac teams up with lending fintech SocietyOne for digital banking play

Lending fintech SocietyOne joins Westpac's 10X digital banking platform, following Afterpay, giving its customers transaction accounts from late 2021. Westpac has backed SocietyOne since 2014 via Reinventure, alongside other Australian backers.