Tag: Start Up

Seven companies have become the nation’s first crowd-sourced funding (CSF) intermediaries after receiving Australian Financial Services (AFS) licenses from the Australian Securities and Investments Commission (ASIC). Under the CSF framework, which commenced in September 2017, Big Start, Billfolda, Birchal Financial Services, Equitise, Global Funding Partners, IQX Investment Services and On-Market Bookbuilds have been authorised to […]

As anyone who starts a business will tell you, the time and effort required to move from startup to sustainable small business is intense and as a founder you’re always juggling roles and priorities. In this process. you also usually work out where your time is best spent and the need for delegation in order to […]

Despite having only launched in January, last year, Checkbox has already amassed a small fortune of accolades. Notably, the Sydney-based regtech startup was named Regtech of the Year at the Australian FinTech Awards and Best SaaS Startup at StartCon in Sydney. In addition, CEO Evan Wong took out the Westpac Innovation Challenge and StartCon Pitch […]

Consumer habits are changing as the Baby Boomer generation gives way to the Millennials. This latter cohort of customers born between 1976 and 2004 have grown up in a world defined by online consumerism, and they are the generation that has been the focus of most marketing attention. They have distinct spending habits, using their […]

In closing its latest funding round, Canva has seen its valuation surpass US$1 billion mark, making it the second Australian startup after Atlassian to obtain Unicorn status. [See also: Let’s Talk… Growth (Is there anything wrong with aspiring to be a unicorn?), “We’ve only achieved 1% of what we know is possible,” says CEO of […]

Startup culture is booming in Australia, especially within the millennial marketplace. While creative freedom and drive is the backbone of many startups, it’ll likely take financial backing and investment for a business to reach its greatest success Some big ideas come at a large cost and the stability that a financial backer can supply to […]

A national accelerator program geared towards indigenous entrepreneurs has helped nine startups become viable commercial enterprises.    Run by early stage investment group Investible, the inaugural Indigenous Business Australia (IBA) accelerator saw participating entrepreneurs gain insights and experience from a line-up of startup founders, mentors and investors over eight weeks. In total, entrepreneurs were introduced […]

Splend, Australia’s leading supplier of rental vehicles for the ride sharing drivers, has secured a $7.2 million investment from Element Fleet Management, positioning it realise the next phase of its global expansion plans. In exchange for the strategic investment, Element has secured a 12.5% stake in the two-year-old business, which previously received funding from Investec […]

Ah, future success so close you can almost touch it. The realisation that your idea could actually become a viable business is electrifying. You’ve crunched the numbers, drawn up a plan, got the ball rolling and may even have secured vital angel funding. You’ve also decided to tackle the world of startup head-on with a […]

Businesses often experience growing pains when their success requires them to expand their workforce. If not managed well, the business can be held back by inefficiencies, costly mistakes, existing employees leaving and clients feeling the stress. However, it is possible to grow in a way that brings your team and clients along for the journey […]