Executive Director, Novatti Group
Stories naming Peter Cook. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney business channel ausbiz has taken equity in Perth share-investing platform company Marketech, embedding its analyst video content in Marketech's Focus platform, and is seeking crowdfunding for its AI venture ausbiz LABS.
Alex Bank founder Simon Beitz will deliver the opening keynote at October's FinTech Summit in Sydney; the piece recaps the neobank's licence, products and growth since launch.
Novatti will lead a government-backed anti-money laundering collaboration with RMIT, Hashkloud, thankQ Solutions and Swyftx, funded by a $2.3 million CRC-P grant.
ASX-listed payments firm Novatti has finalised its takeover of Malaysian digital payments provider ATX, whose founders stay on, supporting Novatti's Southeast Asian growth plans.
Also Australian FinTech
Novatti has partnered with BC Invest, whose subsidiary will pay $2m for a stake in Novatti's banking subsidiary, while a BC Invest consortium invests $3m in Novatti via share placement, ahead of licence approval.
Also Startup Daily
Payments firm Novatti has launched Lifepay, a consumer mobile banking and payments platform using Novatti's technology, which has secured a Series A round of up to $2.5 million at a $20.5 million pre-money valuation.
Also Cut Through Venture
Payments firm Novatti has exited its seed investment in cross-border payments startup SendFX, receiving $900,000 for its shareholding plus loan repayment, adding to its recently raised $10.2 million.
Payments firm Novatti has attracted $18 million from two cornerstone investors into its banking subsidiary, supporting its push for an Australian restricted banking licence and planned digital banking launch.
Payments company Novatti has received $1.1 million from Australia Fintech Investment Group at a $20 million pre-money valuation, as the pair prepare to launch a consumer digital wallet business in Australia.