Tag: Start Up

The decision by the Australian Securities Exchange (ASX) to use distributed ledger technology for its settlement and clearing system for equities transactions has been welcomed by industry association FinTech Australia. Distributed ledger technology developed by Digital Asset will replace CHESS (Clearing House Electronic Subregister System), which ASX currently uses to record shareholdings and manage the […]

Investors who back startups in the BlueChilli portfolio will now enjoy an immediate tax deduction plus capital gains tax exemptions. This follows a private ruling by the Australian Taxation Office (ATO) approving BlueChilli as the nation’s first accelerator program with Early Stage Investment Company (ESIC) accreditation.  Under ATO rules, investors who have met the agency’s sophisticated […]

Whether you plan on becoming the next Atlassian, or the next big thing in the share economy, many people, at some stage, will have their own new business dream. And in 2017, the startup space to be in is tech. Hundreds upon hundreds of adventurous and enthusiastic minds are venturing into the tech space with […]

As competition heats up in the venture capital space, it’s becoming tougher for VC firms to participate in funding rounds. Meanwhile, deep-tech startups face difficulties attracting ‘smart money’ in the seed stage because investors lack domain expertise and patience. These were some of the takeaway message from a panel discussion held at the Global Mobile Internet […]

Millennial-centric fintech lender MoneyMe has hit some impressive milestones in 2017. In addition to reaching $150 million in loans funded, the North Sydney startup received a $120 million capital injection and debuted on the coveted Fintech100 list, placing it amongst the world’s most innovative fintech companies. Despite reaching lofty heights, co-founder and CEO Clayton Howes […]

To draw more talented non-technical entrepreneurs, including women, into the world of startups, BlueChilli is eschewing the Silicon Valley stereotype of founders being hoodie-wearing coders and using language that promotes inclusivity, according to co-founder and CEO, Sebastien Eckersley-Maslin. Ahead of his appearance at the Global Mobile Internet Conference in Sydney (5-6 December), where he’ll participate […]

There’s no doubting that the world of business is changing. The traditional model of large international corporates functioning in a singular, closed-door fashion is fast disappearing, with companies now open to collaboration or outsourcing. While previously big corporates, protected by expensive barriers of entry, were responsible for all “business problems” in-house, technology has now made […]

Asked how King Kong came to be crowned Australia’s fastest-growing digital marketing agency, founder Sabri Suby said his team practice what they preach, put skin in the game, don’t hide behind vanity metrics and focus on bringing cash in the door – “We’ve had no choice, being bootstrapped, but there’s no smarter way to grow”. […]

Although it’s becoming easier for startups to raise capital in Australia, high-growth companies are hamstrung by a shallow pool of global talent, warned Alex McCauley, CEO of StartupAUS and lead author of the 2017 Crossroads Report. The report, a comprehensive review of the nation’s startup ecosystem, features a state-by-state brief on the progress of local startup […]

The ex-Atlassian duo behind Sydney-based startup Dovetail are staying true to the values espoused by their former employer as they attract the likes of Nike, Deloitte and Freshworks to their customer feedback management platform.   Launched in August, this year, Dovetail has already had 1200 sign-ups for its cloud-based platform, which enables users to analyse […]