Fresh funding values Clubhouse at US$4 billion, even as Facebook and Reddit unveil rival platforms Clubhouse reportedly now has a whopping US$4 billion valuation, announced in the same week as Facebook and Reddit unveil copycat products.
‘A catalyst, not a blip’: Mr Yum secures $11 million in funding to serve up post-pandemic hospitality tech overseas Melbourne hospitality tech startup Mr Yum has raised $11 million in funding as it takes its QR code ordering platform international.
BRII scheme: $10 million in grant funding up for grabs for regtech innovation The federal government has committed $10 million in grant funding for regtechs creating innovative solutions to a set of key challenges.
“It wasn’t something we were willing to let absorb us”: Aboriginal brand Clothing The Gap to rebrand after trademark stoush Aboriginal streetwear brand Clothing The Gap is set to rebrand following a two-year trademark dispute with international clothing giant Gap.
It’s time to regulate BNPL in Australia, says Commonwealth Bank chief The buy-now, pay-later sector in Australia is all grown up and ready for regulation, according to Commonwealth Bank chief Matt Comyn.
The startup funding round: $5 million for Marketplacer, tech tackling addiction, and a Tassie construction startup We have a bumper funding round this week, featuring startups ranging from boat rental to a networking platform for people fighting addiction.
As Coinbase’s IPO ushers in a second crypto wave, Brisbane startup Coinstash has secured $2.8 million to ride it Coinbase’s IPO has brought cryptocurrency back into the spotlight, with its share price indicative of a shift into the mainstream, for good.
Square becomes latest fintech to offer super-fast loan financing for Aussie SMEs Payments fintech Square has become the latest player to announce it is rolling out a loan financing offering to its small business customers.
Menulog’s employment trial will challenge the “fiction” that gig economy workers are entrepreneurs Menulog’s trial to treat its delivery riders as employees could lead to a shift in the way gig economy companies classify their workers, challenging the idea that they’re entrepreneurs themselves.
Superhero secures $25 million as share-trading trend gains momentum Aussie share-trading and superannuation startup Superhero has secured $25 million in funding, valuing the business at more than $100 million.
“You get your time in the sun”: AirTree founder Daniel Petre to step back from day-to-day operations at the firm AirTree founding partner and godfather of the Aussie tech scene Daniel Petre is stepping back from the day-to-day operations at the VC firm.
Klarna and Flybuys pair up to bring BNPL offering to loyalty points program BNPL provider Klarna is partnering up with Flybuys in Australia, combining a split payments solution with good old-fashioned loyalty points.