Ledger.

Company

Visa

Coverage

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

3 deals

Pay.com.au hits $633 million valuation after $25 million raise

Melbourne fintech pay.com.au has banked $25 million for a US push, Morgans Corporate leading, with Wilson Asset Management, Thorney Group and Ophir participating, at a pre-money valuation of $633 million.

Unnamed stage

2023 in Review 💫

Ten13's year-end post recaps nine new portfolio additions, follow-on support for existing holdings, the Mr Yum and Me&U merger, Go1's Blinkist acquisition, Smileyscope's FDA clearance, and community events.

Also OIF Ventures portfolio·Ten13 portfolio·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Forbes Australia·TechCrunch Venture

15 deals

Eleven Aussie startups that raised $61.5 million this week

Weekly roundup of funding rounds at eleven Australian startups, including a $28 million Series B, a $14 million raise paired with an acquisition, and a neural-implant company appointing a new chief executive.

Also Startup Daily·SmartCompany·Startup Daily

2 deals

Successful fintech entrepreneur Michael H. Giles backs Change Financial for global growth

US fintech investor Michael H. Giles has invested A$6.9 million in Brisbane-listed payments provider Change Financial, taking a 19.99% stake via his vehicle FinTech HQ to support its US expansion.

2 deals

Household Capital closes $37.6 million raising and enters strategic partnership with Genworth

Home equity retirement funder Household Capital has completed a Series C raise, bringing Genworth in alongside Legal & General as strategic investors, while a Genworth executive joins its board.

Also Techboard

Unnamed stage $30m

After 15 years of bootstrapping, Finder raises $30 million to capitalise on 'Web 3'

Australian comparison website Finder has raised $30 million from Future Now Capital after 15 years bootstrapped, valuing it at $650 million, as it pursues cryptocurrency and Web 3 opportunities.

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

13 deals

Ignition Lane’s Weekly Wrap: Kiwi ‘funtech’, buying Maccas with BTC, Aussie exits, Twitter’s Facebook move

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.

Also SmartCompany·Startup Daily

12 deals

Ignition Lane’s Weekly Wrap: Canva’s rise, Clubhouse plays Twitter, Slack’s Australian slog

Ignition Lane's weekly roundup covers Canva's US$71 million raise, several Australian payments acquisitions and mergers, local raises by Cyble, Enboarder, Rendr and Basiq, plus overseas deals including Plaid, Box, Ramp and Coinbase's listing.

Also Startup Daily·Startup Daily

Seed

Why Square Peg Capital's Ben Hensman thinks there's never been a better time to build a fintech company

Square Peg investor Ben Hensman argues conditions favour Australian fintech founders despite COVID-19, citing the firm's seed backing of Zeller and more than $100 million invested in local fintech businesses.

Also Square Peg Capital portfolio·Square Peg Capital portfolio·SmartCompany·Australian FinTech·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·TechCrunch Venture

Fund close $22m

5 things you should know about tech today

Tech roundup: WeWork pulls its US float, a listed VC writes down its Stackla stake, Investible closes its debut fund, NAB loses its cloud chief, and a payments firm's shares surge.

Also Startup Daily·Startup Daily

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.

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