Reinventure

Open banking start-up Basiq has concluded its Series A funding, securing investment from Salesforce Ventures, NAB Ventures and Westpac’s Reinventure.   The fintech platform provides access and insights into financial data that it says enables organisations to take advantage of open banking via a consent-driven model that can obtain customer

Illustration from 19th century

Australia’s startup boards are predominantly recruited through the referral networks of founders and investors — most of whom are men. This lack of diversity and formal recruitment processes could be holding back emerging businesses, according to a new report from KPMG. On average, startup companies have four members sitting on

Slyp (formerly Ping Data), a Sydney-based data start-up that digitises the receipts for merchants and their customers, has raised $2 million in a seed funding round led by NAB Ventures and also included Westpac’s venture capital arm, Reinventure. Slyp’s technology captures a customer’s itemised receipt data from Point of Sale

The most important issue to focus on when corporates and startups interact is goal alignment. Too often, the fact that goals are not aligned can be discovered far too late. Startups are usually looking for capital, distribution, expertise and possibly additional capacity e.g. staff. Corporates may be attracted to a

chatbot, smartphone, AI, assistant

Hyper Anna, a Sydney-based Australian start-up has secured a $16 million series A funding round, led by Sequoia China, to launch its virtual assistant in new international markets. The start-up has created an AI agent called Anna which plays the role of data scientist, giving customers business intelligence and on-demand