Online small business loan provider Prospa has become the first fintech company to win Telstra’s NSW Medium Business Award, with co-CEO Beau Bertoli stating that the accolade shows fintech is “no longer just some startup idea”. Bertoli, who founded Prospa with Greg Moshal in 2011, spoke to Dynamic Business about the five-year-old company’s victory at […]
Ahead of travelling to the US in September to kick off its Series A funding round, Melbourne-based startup Brauz has closed its second seed round with $1m to get its personalised retail app to market. Founder and CEO Lee Hardham gave Dynamic Business a progress report on the Brauz app, which had its beta launch […]
The engineers behind rapid-growth mattress startup Sleeping Duck dived into the Shark Tank this week, but surfaced without a deal, after knocking back offers, worth half a million, from both Andrew Banks and Steve Baxter. As they told Dynamic Business, the ‘deal breaker’ wasn’t the equity each shark demanded; rather, they weren’t convinced either could […]
Online consulting marketplace, Expert360, has closed a $13m Series B investment round, bringing its total funding to $21 million. The round was led AirTree Ventures, with Daniel Petre – the VC fund’s co-founder – joining the board of Expert360. Existing investors include Frontier Ventures and former Macquarie Chief Allan Moss. Founded in July 2013, Expert360 is […]
Sydney-based startups EFTsure and Assignar have secured a combined $5 million in Series A capital, this month, from Our Innovation Fund (OIF), a new VC firm building a $50m portfolio of early-stage tech businesses. Founded in late 2016 by investors Geoff Levy, David Shein and Jerry Stesel, OIF is – Levy told Dynamic Business – a […]
MadeComfy, a Sydney-based startup helping property owners tap into the shared accommodation market, has attracted $1.1 million in funding from a quintet of investors including LinkedIn (ANZ & SEA) MD Cliff Rosenberg. The other four investors are Amaysim co-founders Rolf Hansen and Peter O’Connell, Investec Australia MD Hein Vogel and Airtasker investor/advisor Manfred Hasseler, with […]
The NSW Government has pumped $35 million into the creation of a startup and innovation hub, which will occupy 17,000 square metres, across 11 floors, on York Street in Sydney’s CBD. In a joint statement, Premier Gladys Berejiklian and Small Business Minister John Barilaro said the Sydney Startup Hub will be the largest startup hub […]
Despite being in the online job market for just one-tenth the time of SEEK, Found has begun nipping at the heels of the incumbent platform. Established by Andrew Joyce and Peter Marchiori in April 2015, the Sydney-based start-up has attracted a total of $4.5 million in funding for its mobile platform, most recently closing a […]
Having recently graduated from leading US fintech program, Envestnet Yodlee Incubator, Melbourne-based start-up Finch has today launched its first offering to the Australian market – a social payment app that gives millennials a clearer picture of their spending habits. Shahirah Gardner, who co-founded Finch with her husband Toby Gardner and their friend Eric Kuhn in […]
Award-winning app developer Buzinga has been placed into liquidation, this month, because it was reportedly unable to sustain costs it had incurred to fuel continued growth. The Melbourne-based start-up had averaged 30% year-on-year growth, employed around thirty people and developed several chart-topping apps, including FoodSwitch. In addition to securing Gold wins at the Australian […]
