Friday, July 1, 2022

Fintech Upstreet shakes up loyalty space with Wattle Hill Capital funding

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Upstreet, the Aussie fintech rewarding shoppers with fractional shares on the ASX and US stock exchanges, the NYSE and the NASDAQ, announced the close of its seed-plus funding round. The platform that builds brand loyalty through investment rewards has accrued AUD$3 million from investment funds, bringing to startups total funding to AUD$4.9 million. Through the Upstreet app, shoppers can earn fractional ASX shares for each dollar spent with partnered retailers. Customers can continually add to their portfolios and sell their shares at their leisure, while partner brands can drive loyalty at minimal costs.

The right whites can make or break job openings for African migrants

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Racial hierarchies are hindering African-born migrants from securing meaningful employment in South Australia, according to new research by the University of South Australia. The research was conducted in partnership with the University of Technology Sydney, researchers found that knowing the ‘right’ (white) people was vital to securing a job; without this, African migrants often found themselves locked out of the employment market.

Accor hires Shelley Perkins as Senior Vice President for Talent and Culture

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Accor, a hotel operator in ANZ with over 380 hotels, apartments and resorts, announced the hire of Shelley Perkins to the role of Senior Vice President of Talent and Culture. With over 20 years of experience, Shelley joins Accor Pacific from the Rosewood Hotel Group in Hong Kong where she has been for the past three years as Chief Talent and Culture Officer.

How Australians can build their emergency money fund quickly

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Stop buying lattes and smashed avocado, separate your needs and wants, get a side hustle! That’s the money advice we are fed.  But the truth is, it’s not your morning coffee that’s keeping you out of the housing market or preventing you from building long term financial security. As a nation, we’ve never earned as much, owned as much, or been so highly educated, and yet  millennials struggle with money more than any previous generation. Why?  

UniSuper makes first venture capital foray with $75 million funding

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UniSuper, the $106 billion fund open to all Aussies, announced it has secured an investment relationship with Australia’s early-stage commercialisation fund manager – Uniseed. Uniseed focuses on innovative programs that will change the world for the better. Founded in 2000 and owned by the Universities of Melbourne, Queensland, Sydney, NSW and the CSIRO, Uniseed provides seed funding for research and tech developed by its five partners. These innovative firms provide around half of all patents created by research firms in Australia.

Fintech Till Payments announces executive leadership promotions

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Global Fintech disruptor, Till Payments (Till) announced the promotions of Tanya Green and Alison Long into newly created roles within its Executive Leadership Team. Green will step into the role of Chief Customer Officer, while Long will take on the position of Chief People Officer. Both promotions are effective from the 1st of April, 2022. As CCO, Green will now be responsible for aligning and unifying internal teams around the customer and leading Till’s global brand as it launches into new markets. Meanwhile, in her new role as Chief People Officer, Long will be spearheading the paytech’s global growth journey, ensuring it retains its culture-first and people-first approach to employee experience.

Billionaire investor backs Australian drone planting company LOTT

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After investing in PayPal and putting his financial weight behind households like Tesla, SpaceX, Twitter, Skype and Hotmail, U.S. entrepreneur Tim Draper, billionaire founder and managing partner of Draper Associates, announced his investment in Lord of the Trees (LOTT).

Aussie startup Loopit expands global footprint, exporting its tech to the UK

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Loopit, has launched in the United Kingdom. The announcement marks Loopit’s second international location, and will see the company’s award-winning technology exported to the UK automotive sector to open new opportunities in the fast-growing car subscription space. Loopit’s cloud-based end-to-end software solution allows car dealerships, car brands and other companies to offer car subscriptions through a recurring revenue business model. 

Intelligent automation is the key to Aussies enjoying a 4-day work week

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It sounds counterintuitive - work one day less but get the same amount of work done, or perhaps even more. But that’s exactly what the four-day work week movement proposes. When New Zealand's Perpetual Guardian tried a four day week, they counted improved staff morale and low stress levels as benefits without any loss of output. Microsoft Japan cited increased productivity and a 23% energy saving when they reduced working hours similarly.

Research shows 4 out of 5 Aussies won’t return to the office full time

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Four out of five workers in corporate Australia will not go back to full-time office work, new research has found, as work permanently becomes unshackled from physical spaces. 57% would even forego a pay increase or promotion to secure flexible work locations in the future, and half (53%) would even take a wage sacrifice to have more flexible work hours.