Startups usually run with a deficiency during the design and construction of the product. But businesses are designed to make money, and over time, as unit economics and customer acquisition costs improve, you’re likely to run into trouble. Maybe. Hopefully. At least that’s what your investors are betting on. So [...]
Sydney fintech CryptoSpend is looking to raise $5 million in a Series A as it sets its sights on expanding into Asia and New Zealand. CryptoSpend launched the first Australian native crypto Visa card in late 2021, allowing users to spend their crypto as cash. Existing backers include fintech veteran [...]
The rise of open banking and payment services such as India’s UPI and Singapore’s PayNow means lower costs for businesses and new payment options for hundreds of millions of customers in emerging markets who don’t own a credit card. Tazapay was created to combine both card and real-time payment methods [...]
Two tech startups, TalkVia AI And a2b Transformation have joined forces to tackle the job shortage in Australia with Generative Pre-trained Transformer (GPT) powered digital workers for customer service roles. Queensland-based TalkVia AI streamlines customer service conversations using artificial intelligence and helps businesses engage with customers at scale. Victorian tech [...]
Been last year a good 12 months of firsts for African tech startups. For the first time in 2022, the industry attracted more than 1,100 unique investors, which in turn resulted in a record $6.5 billion in fundraising, according to data from Partech. In fact, some of the excesses of [...]
Female readers know how bad period pain can be. For the men, I’d say imagine getting kicked in the balls for four days in a row every month. Oof. Ouch, right? This is what it feels like for your mothers, daughters, sisters, wives or other friends with a vagina who [...]
To get a roundup of australiabusinessblog.com’s biggest and most important stories delivered to your inbox every day at 3PM PST, register here. Bonjour, crispy people! It’s been a bit of a tense morning at australiabusinessblog.com headquarters this morning: news came that the company that owns australiabusinessblog.com, Yahoo, has announced it [...]
These days, if you want to find a good moving company, you can ask your favorite search engine – Google, Bing or DuckDuckGo perhaps – for advice. After wading through half a page of classifieds, you get a ton of links to articles about moving companies. You click on one [...]
Funding for US based AI companies with at least one female founder have grown steadily in recent years, according to data from Crunchbase. Last year, such companies raised $3.61 billion of the $23.5 billion total allocated to US AI startups, or about 15.38%. That is a steady year-over-year increase. For [...]
Sydney payroll and workforce management software company Humanforce has acquired Australian arm of fintech Wagestream – formerly Earnd – for an undisclosed sum. It’s the second local startup acquisition in six months by Humanforce, which is now backed by a private California firm that picked up Airtree-backed competitor Ento last [...]