Company
Every investor coverage indicates participated in a round PayPal raised.
Companies PayPal 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 |
|---|---|---|
| Dan Schulman | President and CEO | Australian FinTech |
| Jessica Turnbull | Marketing Executive (former) | SmartCompany, Australian FinTech |
| Luke Fossett | Head of Market Development (former) | Australian FinTech |
| Paul Weingarth | Executive (former) | Australian FinTech (Mon 9 May 2022), Australian FinTech (Wed 9 Feb 2022), Startup Daily |
| Peter Thiel | Founder | Dealroom, Brandon BioCatalyst portfolio |
| Peter Thiel | Founder | Brandon BioCatalyst portfolio (Tue 3 Aug 2021), Brandon Capital portfolio (Tue 3 Aug 2021), Brandon Capital portfolio (Tue 3 Aug 2021), Brandon Capital portfolio (Fri 14 May 2021), Brandon BioCatalyst portfolio (Fri 14 May 2021), Brandon Capital portfolio (Fri 12 Jun 2020), Brandon Capital portfolio (Fri 12 Jun 2020), Brandon BioCatalyst portfolio (Fri 12 Jun 2020) |
Stories naming PayPal. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Dealroom reports Australian battery materials startup Sicona acquired Louisiana-based Advano, taking its New Orleans facility, and recalls Advano's earlier $45 million raise backed by Tony Fadell and Peter Thiel.
Payments group Zenith Payments has named Anthony Drury its new CEO. Kevin Butler moves from the top job into a Chief Payments Officer role, while James Swan became CFO in July.
Zepto has promoted Emily Curlewis to General Manager, Commercial, heading sales, relationships and marketing after more than four years at the Australian payments company; she earlier held senior roles at PayPal and Atturra.
Activewear brand Stax has gone into liquidation after a June receivership, prompting founders Don Robertson and Matilda Murray to apologise online to customers awaiting orders, with CasCap Advisory appointed to wind up the business.
Profiles four Australian fintechs worth watching in 2026: Fat Zebra, WeMoney, Swyftx and Block Earner, covering their growth, past acquisitions and previously secured funding rounds.
Also Australian FinTech·Fintech News Australia·Fintech News Australia
Cashrewards, a shopping rebates platform once bought by ANZ's venture arm, is shutting down and returning member balances. It had earlier acquired Little Birdie, previously backed with $30 million by Commonwealth Bank.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily
Payments firm Monoova adds David Greene as chief commercial officer and confirms Shen Yin's move to general counsel and company secretary, citing rising demand for instant digital payment services.
Credit and payments platform Shift has hired Stephanie Olliver into a newly created General Counsel role, bringing legal experience from PayPal, Nano Digital Home Loans, Macquarie Group and Morgan Stanley.
Square Peg's note announcing it has joined XFlow's US$10 million pre-Series A, describing the startup's cross-border payments platform for India and its founders' earlier years building Stripe there.
Jessica Box reflects on leadership lessons from her years in senior product roles during Linktree's rapid growth, covering culture, organisational systems and market moats, before leaving to found her own startup.
Payments startup Waave has raised a $4.7 million seed round from individual backers including Jack Gance, who also joins as advisor, ahead of an enterprise rollout of its Pay by Bank product.
Airwallex has secured a $100 million Series E-2 extension at an unchanged $5.5 billion valuation, joined by existing backers plus HostPlus, to fund growth, new products and acquisitions.
Also SmartCompany·Startup Daily·Australian FinTech·SmartCompany·Techboard·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Forbes Australia·Australian FinTech·Australian FinTech·Forbes Australia
Podcast interview with Slyp co-founder Paul Weingarth on digitising receipts and loyalty, with all four major Australian banks having invested in the company.
US investor Tim Draper has led a pre-seed round in Australian drone reforestation startup Lord of the Trees, raising US$1.25 million (A$1.67 million) at a A$7 million valuation.
Also AgFunderNews
A roundup of 19 Australian startup funding announcements totalling over $851 million in early February 2022, covering raises by Cyara, Karbon, Slyp, Reejig and others, alongside record 2021 venture investment figures.
Also webbikeworld.com·SmartCompany·SmartCompany·Startup Daily
Block Earner closed a $6.4 million seed round led by Framework Ventures at a $56.4 million post-money valuation, ahead of an early-2022 launch of its DeFi yield platform for everyday savers.
Buy now, pay later firm Zip has hired Ahu Chhapgar as global chief technology officer, starting in December at its New York office, reporting to CEO Larry Diamond to lead worldwide technology and engineering.
Wholesale Investor profiles MyDAPPwallet.com, a fiat-to-blockchain payments product whose team says it has begun raising $2M and plans an ICO within 12 months; related betting platform Unity888 is also described.
Payments platform Zepto, rebranded from Split Payments, has hired Carolyn Breeze as Chief Commercial Officer and Matthew O'Leary as Chief People Officer as it pursues a growth strategy built on open banking.
Airwallex has raised a US$200 million Series E at a US$4 billion valuation, led by Lone Pine Capital, with its founders also unveiling a $200 million fund amid a wave of big local raises.
Weekly venture roundup covering Scalapay's giant series A, numerous Australian raises, acquisitions of Clipchamp, Paidy and CipherTrace, Houseparty's closure, crypto regulation developments, and Atlassian appointing a Cloudflare founder as director.
Glyscend Therapeutics, a Johns Hopkins spin-out, is starting a Phase I trial of its type 2 diabetes pill in Adelaide; the piece recalls its AUD$29 million Series A led by Brandon Capital's MRCF.
Also Brandon BioCatalyst portfolio·Brandon BioCatalyst portfolio
Adelaide-backed biotech Glyscend is recruiting volunteers for phase 1 trials of a pill mimicking gastric bypass surgery to treat type 2 diabetes, funded with $29 million from Brandon Capital's MRCF, Santé Ventures and Breakout Labs.
Also Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio
Glyscend Therapeutics, an Adelaide-Baltimore biotech, is recruiting volunteers for phase 1 trials of GLY-200, a pill mimicking gastric bypass for type 2 diabetes, developed with $29 million from MRCF, Santé Ventures and Breakout Labs.
Also Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio·Brandon Capital portfolio
Australian buy-now-pay-later firm Afterpay has agreed to a US$29 billion acquisition by Square, with founders Nick Molnar and Anthony Eisen expected to join the payments company once the deal completes in early 2022.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Australian FinTech·Australian FinTech·Australian FinTech
FoundAt announces its selection for Plug and Play Japan's Summer/Fall 2021 Energy Batch 1 accelerator, giving it mentoring, corporate connections and a September demo day pitching opportunity.
Weekly roundup by Ignition Lane covering Vend's sale to Lightspeed, Roblox's listing, raises at Pipe, DataGrail, Mastt, Sonnant and Corvus, LaunchVic's new fund for women founders, and Scale Investors' new co-CEOs.
Also Startup Daily·LaunchVic
Roundup items: PayPal's buy-now-pay-later launch for Australia, bids for Jack Dorsey's tweet NFT, Dropbox buying DocSend, an eSports forecast, and OpenMarkets' $10 million pre-IPO raise.
SendGold has launched UPI payments in India with partner Rapyd, letting customers buy gold instantly. The Australian fintech previously raised $4 million and is currently raising a Series A.
Glyscend's diabetes pill has raised $29 million with backing from Brandon Capital, Santé Ventures and Breakout Labs, ahead of planned human trials in Adelaide.
Also Brandon Capital portfolio·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio
Fraud and abuse prevention startup Arkose Labs secured a $22 million Series B led by M12, with PayPal and USVP joining, after strong 2019 growth; the piece also notes M12's recent $300 million Series B for Bakkt.
A profile of Melbourne crypto exchange BlockBid, covering its 2017 raise, a family and friends round, and R&D financing accessed through Radium Capital to fund growth.
Profile of Instarent, whose founder AJ Chand built a landlord self-management platform after a poor property manager experience; it received NSW Government seed funding and is midway through a Birchal equity crowdfunding campaign.
Profile of Jayride's expansion to 69 countries since its 2018 ASX listing, recalling its earlier capital raises and founder Rod Bishop's advice for founders.
Also Startup Daily
PayPal has agreed to invest $500 million in Uber through a private share placement, extending their global payments partnership and collaborating on Uber's digital wallet development.
Payment firm Paypa Plane says Mastercard, Cuscal, Sprint Ventures and Queensland's Business Investment Fund joined its $10 million Series A, with QIC managing the investment and Commonwealth Bank and Tyro already backing it.
Also Business News Australia·Startup Daily·Australian FinTech·SmartCompany·Startup Daily·Women's Agenda