Tagged: toby norton-smith

October 4, 2022 @ 6:12 pm By Omar Faridi  |  

Commonwealth Bank’s venture-scaling arm, x15ventures, has announced a $250,000 investment in Paytron, “after the full-suite workflows and spend management platform won this year’s Xccelerate program.” Paytron was founded by Jaco Veldsman and Francois Henrion “to transform business spend, with integrated workflows to control every transaction.”… Read More

August 14, 2022 @ 11:01 pm By Omar Faridi  |  

Commonwealth Bank’s venture-scaling division x15ventures is reportedly looking for founders who are focused on the future of payments for its “Xccelerate’ program.” The Xccelerate 2022 program assists early-stage initiatives with better understanding the pathway to working with the CBA and it ends in an Investment… Read More

June 3, 2022 @ 7:11 am By Omar Faridi  |  

Commonwealth Bank’s venture-scaling business entity, x15ventures, recently revealed that it has appointed Laura Faulconer as its Portfolio Director. She will be responsible for growing and enhancing the x15 portfolio. As noted in the update, Laura joins x15 from early-stage venture capital firm, Antler, where as… Read More

February 7, 2022 @ 8:47 pm By Omar Faridi  |  

Commonwealth Bank of Australia has reportedly joined a $31 million round in property tech firm OwnHome, which claims it can get thousands of first-time home buyers out of regular renting by leveraging a model, somewhat similar to Buy Now, Pay Later, which eliminates the requirement… Read More

June 23, 2021 @ 11:06 pm By Omar Faridi  |  

x15ventures, which is Commonwealth Bank‘s venture-scaling unit, has chosen Stone & Chalk, Australia’s Impact Network for emerging tech startups and scale-ups, in order to assist with recruiting seasoned founders to take part in Xccelerate21, which focuses on reimagining the retail experience. Xccelerate21 is described as… Read More

May 22, 2021 @ 6:59 pm By Omar Faridi  |  

x15ventures (x15), which is Commonwealth Bank of Australia‘s venture-scaling division, has introduced a stand-alone or independent platform for helping new digital initiatives and business owners with fulfilling regulatory, risk and compliance requirements – which are part of scaling operations. The “xStack” platform is based on… Read More

February 25, 2021 @ 8:58 pm By Omar Faridi  |  

Big Four auditing firm KPMG in Australia has released a report, titled, The 30 Voices, which aims to cover “every facet” of financial services and beyond. It features insights related to developments from incumbents to banking challengers, Big Tech firms to investors, legislators to academics…. Read More

February 3, 2020 @ 6:52 am By Omar Faridi  |  

The Commonwealth Bank in Australia is planning to compete with its rivals by establishing 25 new Fintech-focused businesses within the next five years. The institution says it is preparing to launch the products and services offered by the Fintech firms to its millions of clients… Read More