Tech
Australian fintech Beforepay has today announced the successful completion of its AU$4 million Series A capital raise. The round, which closed in nine days and was oversubscribed, brings the total amount raised this year to over AU$6 million. The AU$4m Series A round was led by venture capital investor, Airtasker Chairman and Vocus Communications founder […]
The COVID-19 pandemic has seen remote working transition from being a personal preference to a matter of safety. The challenge for small businesses is not only implementing technology that supports working from home (WFH) but in finding solutions that replicate office culture virtually and deliver a better user or customer experience. According to the ABS, […]
It’s a challenge that’s been discussed in boardrooms for years: how to harness evolving technologies to transform and improve the way a business functions. Yet despite its well-documented benefits, digital transformation is still not being achieved by a significant number of organisations. According to a Forrester Report, The Sorry State of Digital Transformation in 2018, […]
Linktree, the trusted tech platform that connects audiences to a user’s entire online ecosystem, has raised US$10.7 million in Series A funding, led by Insight Partners, an investor in Shopify, and AirTree Ventures, an early investor in Canva. The funding will accelerate Linktree’s expansion in international markets, including global team growth, and the evolution of Linktree’s product […]
A new study has shown that Australians are generally unwilling to sign off on wide-spread use of Artificial intelligence (AI), with less than a quarter of those surveyed approving of the growing technology. The study, conducted by the University of Queensland in partnership with KPMG, shows while 42 per cent generally accept it only 16 […]
Open Banking is here. It’s not scary, and it could save you money. I asked my 72-year-old Dad what he thought Open Banking was. With a daughter deep in the fintech industry, you would hope he’d know a thing or two about dollars and cents. Despite his enthusiasm for the topic, he thought Open Banking […]
While China offers Australian exporters unprecedented opportunity in terms of potential customers, entering the market doesn’t come without risk. One cost-effective way for Aussie SMEs to sell to our biggest trading partner without having to establish a physical presence is through e-commerce. Selling online is a popular way to test how a product will be received in a […]
The Prime Minister has encouraged businesses to “be the best at adopting” technology but has cautioned against becoming “one big Silicon Valley.” This has elicited confusion among tech creators who question how Australia can promote technological innovation under a Federal strategy that prioritises practicality over originality. In an address to the Australian e-Commerce Virtual Summit […]
With You With Me (WYWM) is a workforce technology platform that helps upskill veterans through training, education and recruitment. In 2019, WYWM won Deloitte’s Tech Fast 50 and Tech Fast 500 programs because of its explosive growth rate of 13,361 per cent. We sat down with co-founder Luke Rix to discuss why they founded WYWM, […]
The pandemic has prompted an explosion of digital and global business services. Airwallex, an online business account for SMEs, has seen this surge in digital business first-hand. “A major shift in the way businesses operate from offline to online is something Airwallex predicted from our inception,” said Jack Zhang, CEO and Co-founder of Airwallex. […]
We live in an age of belief-driven buyers. Increasingly, consumers worldwide are making purchase decisions based on the impact they have on the world and on their health, and are seeking help in making sustainable choices, according to Nielsen’s 2018 report, “The Evolution of the Sustainability Mindset.” And yet that belief is tested every day — from reports of […]
Cryptocurrencies have had a rocky road towards mainstream acceptance. In 2017, the CEO of JP Morgan, Jamie Dimon, called bitcoin “a fraud”. However in 2019, JP Morgan became the first US bank to successfully test its own digital coin. The growth of digital currency has enthralled investors. Bitcoin, the world’s largest cryptocurrency by market […]
COVID-19 has made people acutely aware of the importance of personal hygiene, and we should be equally vigilant when it comes to cyber hygiene. Cyber attacks are on the rise, meaning businesses of all sizes are vulnerable to attacks like malware and phishing, particularly if businesses aren’t getting the cyber-hygiene basics right. When it comes to […]
Applications for the Tech23 Deeptech Festival are now open for young, high-growth tech companies. Since 2009, the Tech23 has aimed to unlock new ways of working by joining the dots between enterprise and clever tech. Tech23 seeks to encourage the deeptech ecosystem to collaborate; learn and respond – leveraging a wealth of talents, contacts and […]
Zoho, a software solutions company, provides integrated tech solutions for businesses globally. They offer 45+ integrated apps, ranging from CRM to financial management. We talked to Vijay Sundaram, Chief Strategy Officer at Zoho, about their current work and their passion for helping small and regional businesses through these challenging times. Tell us a little about […]
The Federal Government has released a $4.5 bn network investment package, involving a $3.5 bn upgrade of the National Broadband Network (NBN). By 2023, more than 700,000 businesses and 6 million homes will have the option to pay extra for faster broadband. $3.5 bn will be allocated to network investments for homes and small businesses, […]
At Tesla’s “Battery Day” event on Tuesday, CEO Elon Musk announced the production of a US$25,000 electric vehicle (EV) “about three years from now”. Importantly these EVs will be powered by “tabless” batteries that Musk promises will be cheaper and more powerful. The new “tabless” batteries, called 4860 cells, will provide five times more energy, […]
With both government and companies eagerly adopting artificial intelligence (AI) strategies, we explore how AI could also streamline and scale your business. We examine the potential opportunities and risks that come with using AI, and what the future of AI and business looks like. What is artificial intelligence? The CSIRO defines AI as “a collection […]
A new report from KPMG finds investment in Australia’s fintech sector has accelerated in the first half of 2020, reaching US$376.5 million. This is more than a 150% increase on the corresponding period in 2019 (US$149.05 mil). However, a fall in mergers and acquisitions (M&A) and private equity (PE) activity caused total investment in Australian fintech to fall from […]
The Senate Committee on Financial Technology and Regulatory Technology has recommended that the Australian Government provide greater clarity around the Research & Development Tax Incentive (RDTI) eligibility guidelines to ensure software innovation and creation is supported in Australia. On Wednesday, Liberal Senator Andrew Bragg tabled an interim report covering tax, regulation, access to capital, skills […]
