Thursday, January 20, 2022

Scalapay raises $210m from Tiger Global to expand its BNPL business

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Scalapay, a payment solution in Southern Europe that enables customers to buy now and pay later (BNPL) without interest raised $210m in equity funding in a Series A investment round.

Umbo social impact investment to improve access to health services

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Umbo, a social enterprise to reduce inequalities in access to health care by connecting families in rural communities with speech and occupational therapists, received a $200,000 investment from social enterprise investor Fortis River Pty Ltd, with Pilgrim Advisors advising the process.

HESTA Chief Executive Officer Debby Blakey appointed to ICGN Board

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Industry super fund HESTA‘s Chief Executive Officer, Debby Blakey has been appointed to the Board of the International Corporate Governance Network (ICGN).

Salter Brothers leads $6.5 million capital raise for Verrency fintech

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Melbourne-based fund manager Salter Brothers has led a capital raise of $6.5 million for global payments innovation platform Verrency, partnering with Perennial Value Management to provide expansion capital to the rapidly growing fintech in a sector with huge growth potential.

LaunchVic says Melbourne startup ecosystem value has hit $10.5 billion

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The Global Startup Ecosystem Report (GSER) 2021 revealed that Melbourne’s startup ecosystem value has grown by more than AUD $3 billion in the past year to more than AUD$10 billion.

Clinscience digitizes clinical research by investing in the EXOM Group CRO

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Clinscience, which is a subsidiary of NEUCA Group, signed an investment agreement to acquire 60% of the digital CRO (Contract Research Organization) EXOM Group.

FinTech startup Shouta secures $1m seed funding to revolutionise gifting

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Sydney-based fintech startup Shouta has announced the closure of its seed funding round having secured $1m in funding from a range of notable investors.

Commonwealth Bank SME loan backs businesses for recovery

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More than 20,000 Australian businesses have received $1.98 billion in funding support made available through the Commonwealth Bank’s Government-backed SME Guarantee Loan Scheme to help them manage the impacts of the pandemic, recover and invest for the future.

Small businesses recognised for second year in Canon’s 2021 Grants

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Canon Oceania has announced the winners of its 2021 Grants Program, recognising seven organisations across ANZ that are paving the way to a better future for their communities.

SiteMinder welcomes Fidelity in pre-IPO funding round of over $100m

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SiteMinder, a leading open hotel commerce platform has announced a pre-IPO funding round of over AU$100 million which is comprising both primary and secondary capital.

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