AU$57 million injected in fintech unicorn Airwallex for global expansion
Melbourne-born fintech firm Airwallex has managed to capture another AU$57 million (US$40 million) in a funding round. It is an extension of an already amazing Series D capital raising of $250 million bagged by the fintech unicorn in April this year. Airwallex is one of...
Aussie Digital Bank Alex’s Ambitious $10 Million Funding Plan
Alex, an Australia-based digital banking player is planning to attain capital of AU$10 million (approximately $7.1 million) through a Series B round of investment. As reported first by the Financial Review, the senior management team of fintech Alex has been keen on securing additional funds...
New fintech on the block: Hnry, an online tax service
A New Zealand-based fintech app Hnry has announced its launch in Australia. Through this app, Australia independent earners, like self-employed individuals, freelancers, contractors and sole traders, get access to a world-first financial administration and online tax services. After delivering record growth to becoming an established...
Amazon One: Pay with your palm
The multinational e-commerce giant has unveiled its own palm recognition technology to speed up the shopping trips at the store. Amazonā€™s retail team has announced the launch of Amazon One- a fast, contactless, and convenient way to pay at the stores or entering the workspace...
After Sydney, Melbourne, Perth & Canberra, Accenture opens tech hub in Adelaide
Introduction Global consultancy leader Accenture announced that it will be opening a new facility in Adelaide in a hope to create 2000 new jobs in Southern Australia. Accenture will be investing an undisclosed amount in the development of cyber defense and national security operations capabilities.Ā ...
Telecom giant Telstra loses misleading network coverage ad case against telco Optus
Telecom giant Telstra lost a court case against telco rival Optus over advertisements it claimed could possibly mislead customers on whose network coverage was bigger and better. The Optus ads stated how it was now covering more of Australia than ever before. During the court...
Deloitte Australia proudly acquires Australian Oracle expert Ekulus
One of the world’s Big Four consulting firms, Deloitte has announced that it will be acquiring a Melbourne-based Oracle specialist firm Ekulus Consulting. Effective October 1st, the Australian digital consultancy will be acquired by Deloitte Australia.Ā Ekulus Consulting marks its 10th year of successful operations...
AFL On Demand streaming platform goes live in association with Telstra
Introduction The Australian Football League (AFL) has announced the launch of AFL On Demand, an absolutely free streaming platform on which fans get access to AFL content series, short films, historical content and documentaries. The streaming platform AFL On Demand has been launched in association...
Newcastle Permanent partners with home-loan fintech Athena
Trending in the latest news, an Australian mutual lender has entered into a strategic partnership with a fintech startup. Newcastle Permanent Building Society (Newcastle Permanent) has signed a deal with Athena Home Loans (Athena) sanctioning an initial $300 million in home loan and mortgage funding....
Australian BNPL Afterpay CFO Bortoli to depart after 3 years in the role
Buy now pay later darling Afterpay has announced the departure of its Chief Financial Officer Luke Bortoli after 3 great years in the role. Mr Bortoli’s place will be taken by Rebecca Lowde who was the former Group CFO of Bravura Solutions, a fintech firm....
