TECHOZ

Square peg raises $235m

A co-founder of Melbourne’s Square Peg Capital says that the Australian startup industry now has control of its own destiny, after his venture capital firm this week confirmed raising $US180 million ($AU235 million) for its first fund.

“The capacity to grow the…

The Air BnB for gigs wants to expand. I’ve been to one of these shows. It was hot. It was also pretty great.

The Aussie music start-up dubbed as the “AirBnB of live music”, which allows anyone with a space to book an artist, sell tickets and host an…

You can blame Aussies for people paying with their sunglasses now

Visa’s WaveShades — sunglasses with a contactless payment chip attached to one arm — were piloted at the Laneway music festivals in Australia this summer, and more recently at the South by Southwest Festival in the US.

Lyft may or may not eventually launch in Australia, apparently

On the phone Tuesday, Lokhandwala maintained the party line: The company is ruthlessly focused on America, despite rumours to the contrary. “There is still a lot of work we have to do in the U.S,” she said. “Our investors…

Kloot is coming down under. No, I don’t know them either.

“I was travelling through Europe with a friend when he said ‘do you want to meet my Grandad (Mo Sacoor)’, so we stayed with him for two days and I was in awe,” Mr Mitchinson said.

Conversations with Mr…

Mo’ Fintech, Mo’ sandboxes

The recent news that the Australian Securities and Investments Commission (ASIC) is broadening the scope of the regulatory ‘sandbox’ for fintechs has been welcomed by many in the industry, myself included.

The regulatory sandbox provides a safe space for…