Fintech Updates

Sunday Weekly Summary October 2 , 2022


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This summary is supported by Cache:

  • Sydney based Shaype has raised A$33m💰to accelerate growth, with particular focus on expanding the team to support a full pipeline of Australian clients, as well as international 🌎expansion. ✅
  • Melbourne based SME automation fintech Thriday has raised $6m to scale by onboarding their 11,000 waitlist & launch new features such as BAS lodgment & automated bill management 🧾🤖
  • Paytron, the full-suite workflows and spend management platform secures a $250,000 SAFE note from Commonwealth Bank’s venture-scaling arm x15ventures as the winner of the Xccelerate 2022 program 🎉
  • Envestnet | Yodlee have partnered with Sydney based Lumiant to power their expansion to new markets including Australia 🇦🇺 and the United States 🇺🇸
  • Salary on subscription platform Nine25, launched their Equity Crowd EOI Funding round via Equitise
  • George Lucas , current founder, MD & Joint Group CEO (International), of Raiz Invest will be leaving the organisation.
  • Cache is Australia’s leading investment-as-a-service provider; allowing any company to offer investment products to their customers. Cache builds, operates and manages white-labelled investment products for its clients and currently powers 78% of micro-investing products in the market.

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Fintech UpdatesBy Chris Titley