Ledger.

Company

Up Bank

Coverage

Stories naming Up Bank. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

3 deals

Buildkite quietly raised $21 million earlier this year after posting massive losses

ASIC filings show Buildkite raised $21m via convertible debt in January 2026 after heavy losses and a CEO change; its earlier backers include OneVentures, AirTree, General Catalyst and Dom Pym.

Also Capital Brief

Fund close $10m

Fintech VC Triple Bubble nails $10 million first close on its $50m fund

A fintech venture fund co-founded by Up Bank's Dom Pym has locked in a $10m first close with Commonwealth Bank's x15ventures as cornerstone backer, aiming for $50m ahead of a 2028 final close.

Key hire

Apple of his isle: Fintech investor Brian Collins named Enterprize Tasmania CEO

Enterprize Tasmania has appointed Brian Collins, deputy chair of FinTech Australia and co-founder of fintech fund Triple Bubble, as CEO, with the ten-year-old organisation seeking national and global reach for the state's startup ecosystem.

Pre-seed $600k

WhyHive, the 'Canva for data', shutting down after pre-seed round

Melbourne data startup WhyHive is closing next month; founders T Guthrie and Matt Cohen couldn't sustain growth despite a $600,000 pre-seed round revealed last August with backing from Skalata Ventures and several tech founders.

Also Startup Daily

6 deals

Four Aussie startups that raised $44.6 million this week

Weekly round-up of four Australian raises: Shift's $35 million Series D, Inform Ag's $7 million Series A, Cropify's $2 million round and WhyHive's $600,000 pre-seed.

Also SmartCompany·Startup Daily

News

Jonny Dawson

Dom Pym discusses his journey from engineering to founding Up Bank and now investing via Euphemia, focusing on social good and underrepresented founders.

3 deals

Women-focused fintech Verve Super joins Simon Sheikh's Future Group

Future Group has acquired Verve Super, a super fund aimed at women, with terms undisclosed; the piece also recalls earlier raises by Verve and by Future Super.

Also Startup Daily·Forbes Australia·Women's Agenda

Funding announcement

This venture fund wants more billion-dollar businesses founded by women

Profile of ALIAVIA, the venture fund Marisa Warren and Kate Vale started to back women founders across Australia and the US, its Australian backers, and its portfolio companies Eugene, Loupe, HowToo and Othelia AI.

Funding announcement

'A turning tide': Marisa Warren and Kate Vale's venture fund will level the playing field for female founders

Profile of ALIAVIA, the venture fund Marisa Warren and Kate Vale run from California to back women founders across Australian and US markets; also covers its backers, early investments, and Warren's ELEVACAO program.

Fund close $13.5m

ALIAVIA Ventures fights gender funding inequalities in the US and Australia

ALIAVIA Ventures has closed its debut fund at A$13.5 million. The US-based firm backs female founders bridging Australian and US markets; backers include Carol Schwartz, Tattarang, the Denholms, Euphemia, Dom Pym and Cynthia Scott.

Also SmartCompany·Women's Agenda·Forbes Australia·TechCrunch Venture

10 deals

Four Australian startups that have raised almost $7 million this week

Weekly roundup of Australian raises: Bloom's seed round, Vedi's animal-health funding, Alii's pre-Series A, and Code Like A Girl's government grant, alongside other WiSE grant recipients.

Also SmartCompany

Seed $525k

Ethical investment app Bloom lands $525,000 in seed funding for its anti-greenwashing platform

Fintech startup Bloom Impact Investing has raised a $525,000 seed round led by angel investors Dominic Pym, Collis Ta'eed and Cyan Ta'eed to scale its ethical investment app and grow business development.

Also Startup Daily·Australian FinTech·Women's Agenda

3 deals

Software development platform Buildkite raises $31 million Series B

Devops startup Buildkite has raised a US$21 million Series B led by OneVentures and AirTree, with General Catalyst and angel Dom Pym participating, to build new developer products and grow teams.

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

2 deals

Alternative liquidity investor SecondQuarter raises $83 million for 2nd fund backed by Andrew Forrest, Sam Kroonenburg & Dom Pym

Secondaries fund SecondQuarter has reached an $83m first close on its second vehicle, aiming past $100m, with founder-angels and Minderoo among new backers; its portfolio includes past sales of ActivePipe and A Cloud Guru.

Also Techboard·Startup Daily

4 deals

Neobank Volt is shutting down after failing to find fresh capital

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.

Unnamed stage ≤$3m

Startup Daily TV: Crowdfunding platform Birchal is raising $3 million to take CSF to the next level

Birchal opens an equity crowdfunding campaign on its own marketplace, an industry first, chasing $3 million with Up cofounder Dom Pym committed, while marking $100 million raised and unveiling secondary trading plans.

Also SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·Startup Daily·Startup Daily

2 deals

At-home entertaining startup Gathar taps Curtis Stone's star power for US expansion

Gathar, an Australian private chef platform, expands into the US with Curtis Stone, following a post-seed raise; the piece also recalls FoodByUs' series A and notes other food-tech players.

Also Startup Daily·AgFunderNews·SmartCompany·Startup Daily·Techboard·SmartCompany·SmartCompany·Startup Daily

Unnamed stage $433m

Xinja exits the neobank scene: What happened, and what does it mean for the competition?

Neobank Xinja is shutting its Australian banking operations, handing back its ADI licence and returning deposits, blaming COVID-19 and difficult fundraising, while pivoting to its US share trading product.

Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily

Funding announcement

Neobank 86 400 to be acquired by NAB in $220 million deal

NAB is buying neobank 86 400 for roughly $220 million, folding it into UBank, shortly after rival Xinja said it would quit banking, leaving fewer independent Australian neobanks standing.

Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech

Funding announcement

New digital banks 86 400 and Xinja are the first to launch app-based retail accounts

Challenger banks Xinja and 86 400 reach APRA licensing milestones and launch app-based retail transaction and savings accounts, becoming the first neobanks to offer Australian retail deposit products.

3 deals

Neobank Judo Bank raises $400 million in biggest-ever Aussie funding round

Small-business focused challenger bank Judo Bank has banked a $400 million round from new and returning institutional backers, reportedly the largest single raise by an Australian startup, double its original target.

Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Australian FinTech·Crunchbase News

Unnamed stage $141m

THE FINNIES: Here are the best fintech businesses in Australia

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.

Funding announcement

Airwallex and Afterpay clean up again at Finnies 2019

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.

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