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Australian FinTech

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The most recent 60 of 856 articles we hold from Australian FinTech.

2 deals

Australian fintech Archa secures $61 million to solve one of business banking's most absurd problems

Spend management and corporate credit startup Archa has raised A$11 million in equity and secured a A$50 million debt facility, aiming to give Australian businesses credit cards without personal guarantees.

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Key hire

InDebted appoint Chris McNamara as Chief Executive Officer and Brendan Lee as Chief Financial Officer

Collections technology firm InDebted has named Chris McNamara as chief executive and Brendan Lee as chief financial officer, filling a search opened when founder Josh Foreman shifted to a founder and executive director role.

2 deals

Global investment platform Portage leads $16 million Series A round in Australian fintech Pearler

Australian investing platform Pearler banked $16m in Series A backing spearheaded by Portage; Altered Capital, No Brand, Partners Horizon Fund, Charlie Gearside and TEN13 joined, with Portage having led the 2022 seed.

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10 deals

Airwallex unveils inaugural Latitude 37 cohort, awarding $1 million to 10 Australian AI startups

Airwallex announces its first Latitude 37 cohort: ten Australian AI startups, each receiving a $100,000 equity-free grant, mentorship, and international immersion visits chosen by an investor panel.

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News

Zip Co to shut New Zealand operations

Payments provider Zip Co will wind down its New Zealand operations following a strategic review, concentrating instead on its growing Australian and US businesses, with any financial impact described as immaterial.

Key hire

AUDC continues leadership team expansion to support rapid growth and regional stablecoin rollout

Stablecoin issuer AUDC hires Andrew Kitchen as CFO and José Barroso as growth chief, extending an executive build-out to support rising demand for its digital-money and settlement services across Australia and New Zealand.

Key hire

Airwallex strengthens Australian leadership appointing Elana Rubin AM and Sir Bill English to its Australian board

Airwallex has appointed Elana Rubin AM to chair its Australian board and former New Zealand prime minister Sir Bill English as a director there, with both roles starting immediately; their other board roles are listed.

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