Tagged: reinventure

February 24, 2021 @ 11:44 pm By Omar Faridi  |  

The Westpac Group in Australia has revealed that SocietyOne is its second partner to join­ the institution’s new digital banking-as-a-service (BaaS) platform. SocietyOne is a key Fintech player in the nation’s digital lending sector (having originated more than $1 billion in loans). According to a… Read More

January 28, 2020 @ 12:54 pm By Omar Faridi  |  

Westpac-backed VC fund Reinventure aims to increase its presence in Asia’s Fintech economy. Reinventure has reportedly joined a $90 million investment round for Kredivo’s owner, Indonesia’s fast-growing “buy now, pay later” (BNPL) platform. Asia Growth Fund and Square Peg led Reinventure’s latest round for FinAccel,… Read More

November 4, 2019 @ 7:30 am By Omar Faridi  |  

Sydney-based Westpac, one of Australia’s first banks and first companies, is reportedly planning to introduce a new digital banking platform in order to attract younger clients that may otherwise prefer opening accounts at neo banks. Westpac’s decision to launch a new digital brand was announced… Read More

March 8, 2017 @ 9:26 pm By JD Alois  |  

Crowdfunding platform Equitise has launched a new “Syndicate” platform to connect Australian VCs and Angel Investors with retail investors. The shift was described as a bit of a pivot for the Australian / New Zealand – funding platform. Equitise said it was frustrated by the… Read More

August 5, 2016 @ 10:15 am By Erin Hobey  |  

Westpac announced another AUS$50 million commitment into a second fund to be managed by Reinventure Group, according to a release. Reinventure, cofounded by Danny Gilligan and Simon Cant, makes investments from Seed through to Series A and up, with a particular focus on disruptive technologies with a direct… Read More

August 20, 2015 @ 10:52 am By Erin Hobey  |  

SocietyOne co-founder Matt Symons said yesterday there was a strong correlation between the lender’s $200 million in loan ­applications and traffic on the get­creditscore.com website — a partnership with the nation’s leading credit bureau, Veda, reported The Australian‘s Richard Gluyas. More than 75,000 people have used the… Read More