WeMoney

🇦🇺 This Week in Australian Startups #180, 4th October 2026

Weekly roundup reporting Australian startup funding rounds and government grants, a venture fund close, agreed acquisitions, an IPO pricing, a collapse, plus executive hires and AI policy developments.

WeMoney launches WeMoney Connect, an AI-powered lending assessment built on the Consumer Data Right

WeMoney has launched WeMoney Connect, an AI lending assessment tool using consented Consumer Data Right bank data, in limited early access for Australian lenders, with Mastercard as strategic investor.

Six months in Austin: BuildPass says the US is already 20% of revenue

BuildPass, a Melbourne construction software maker, says its American business now exceeds a fifth of revenue half a year after opening in Austin, with growth credit from Mighty Partners funding the expansion.

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.

4 Fintech Startups from Australia to Have on Your Radar in 2026

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

Radium Capital surpasses $1 billion in innovation funding

Radium Capital's R&D lending has passed $1 billion across 1,000-plus companies since 2017; case studies recall WeMoney's $12 million Series A and ElectraLith's $27.5 million Main Sequence-led round.

Also Startup Daily·Australian FinTech·SmartCompany·Fintech News Australia·Fintech News Australia

Six Aussie startups that recently raised $62.2 million

Funding roundup covering six Australian-linked startups: Superpower's US$30m Series A, WeMoney's $12m Series A plus debt facility, InsightWise's $1m pre-seed, and Bupa's first venture investments in three health startups.

Also SmartCompany·Forbes Australia

Financial wellness fintech raises $12 million Series A

WeMoney banked $12 million in a Series A led via Laurence Escalante's family office, with Mastercard among backers, plus $1 million debt, at a reported $100 million valuation.

Also SmartCompany

Runway May 24: The 7 startups revealing venture raises this week

Weekly roundup covering seven ANZ startup raises — Bare Funerals, Humii, WeMoney, CLT Toolbox, Clean Slate Clinic, SpatialGPT and Great Wrap — plus LaunchVic's $900,000 into Paul Little's Skalata fund.

Also Startup Daily

Seven Aussie startups that raised $17.7 million this week

Weekly roundup listing seven Australian startups and their raises, totalling $17.7 million across AI, packaging materials, fintech, digital health, music licensing, construction software and swimwear.

Also Startup Daily

WeMoney secures $3 million as it plans $10million+ fundraise after partnering with Mastercard

WeMoney closed a $3 million round from largely existing backers, following its 2020 seed and 2022 raises, and signed a Mastercard Open Banking deal while preparing a larger raise.

Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup News (WA)

Learn how to raise money over dinner

WA venture fund Purpose Ventures stages a discounted founders' dinner on preparing for investment, backed by a state industry fund program and featuring WA founders; the event has since sold out.

WeMoney reaches maiden profitability milestone

The article reports WeMoney achieved its first profitability in late 2022, with strong revenue and user growth, and notes it may fundraise in 2023 after raising $9m to date from several backers.

Startup News Award winners 2022

Startup News hands out its fifth annual community-voted awards, honouring WeMoney, Stuart Kidd and Paula Taylor, plus Spacecubed's Golden Ticket won by Matilda, and recaps the year's most-read stories including several funding rounds.

Also Startup News (WA)·Startup News (WA)·Startup Daily

CTV Funding News - July 2022

Cut Through Venture's August update rounds up July 2022 Australian startup funding, listing raises from Mx51 to WeMoney, Startmate's newest cohort of twelve, and the beta launch of its investor search tool.

Also Techboard

Financial wellness platform WeMoney raises a further $7M to accelerate growth

WeMoney closed a $7 million round in March 2022, led by Full Circle VC and Betterlabs with new backers, following its 2020 seed raise, to fund product development.

Also Startup News (WA)·Cut Through Venture·SmartCompany·SmartCompany·Australian FinTech

Perth Angels open first funding round for 2022

WA angel group Perth Angels has opened applications for its first 2022 funding cycle, with pitches due 16 February; it recently deployed $250,000 across three startups at its previous investor night.

Startup West podcast 62: Dan Jovevski, WeMoney

Podcast interview with Dan Jovevski, WeMoney's founder and CEO, covering his earlier fintech exit at SwitchMyLoan and the two million dollars his Covid-era startup WeMoney has raised.

Also SmartCompany·Australian FinTech·SmartCompany·Startup News (WA)·SmartCompany·Startup Daily·Startup Daily·Australian FinTech·Startup News (WA)·Australian FinTech

CarClarity secures A$3 Million Series A to continue rapid growth of its car financing and online purchasing platform

Car financing platform CarClarity raised a A$3 million Series A led by Equity Venture Partners, with existing backers Raj Bhat and Ben Taylor joining, to fund a new online car buying service.

Also Startup Daily

Seven startups celebrating million-dollar raises this week

Roundup of seven startup funding deals, led by Airwallex's $57 million Series D add-on, with new raises at Capify, Snappr, LivePreso, TradeSquare, WeMoney and Catalyst.

WeMoney bursts out of stealth mode with $2 million raise for platform boosting financial, and emotional, wellbeing

Perth fintech WeMoney has launched publicly with a $2 million round led by RAC's venture arm BetterLabs, joined by Full Circle VC and several angel investors, for its community-based money management app.

Also Australian FinTech·SmartCompany·Startup News (WA)·SmartCompany·Startup Daily·Startup Daily·Startup News (WA)·Australian FinTech·Startup News (WA)·Australian FinTech