Australian B2B BNPL provider BizPay collapses into administration
Bizpay, the Australian fintech offering buy now, pay later services for business-to-business invoices, has fallen into voluntary administration.
Aussie e-commerce merchants contribute billions to GDP, but exports lag behind: Shopify
Australian entrepreneurs in the Shopify system contribute a greater share to national GDP than every nation bar the US and UK, the ecommerce platform says, but are failing to capture the export opportunities of competing nations.
Back to basics: Private equity and venture capital fundamentals
Understanding these differences and when you might need either funding source is vital for any founder looking to raise capital for their venture.
Australian startup layoffs continue as Mr Yum reduces headcount by 17%
Digital menu and restaurant ordering startup Mr Yum will lay off nearly one in five workers, becoming the latest Australian firm to slash its headcount as market expectations dim.
Non-dilutive capital could keep the rewards of Australia’s flourishing tech sector at home
Non-dilutive capital is emerging as a key trend, as more and more startup founders push for alternatives to raising growth funding.
The government’s $540 million Business Growth Fund has been established and will invest in high-growth SMEs from next year
The federal government and Australia's major banks have committed $540 million to the freshly minted Business Growth Fund, which will offer capital to high-potential SMEs and startups.
“There’s money out there”: Five ways to position your startup to raise funds when lockdowns lift
If your startup's value is big enough based on the size of its future revenue stream, and limited by risk, you can always raise funds. Here's how.
Government-backed growth fund to offer investments up to $15 million — but there’s a catch
The big banks have lined up behind the government's business growth fund, which will provide equity capital up to $15 million for high-growth SMEs.
“Holding back the economy”: What’s causing the SME credit drought?
An array of sources report that access to finance is worsening for Australian SMEs, prompting broader fears for the health of the economy.
The ‘anti-startup’ story: How to turn $1,000 into $15 million with no investment
This is the story of ShineHub: a now thriving seven-figure business a friend and I started with nothing but $1,000 and a big vision.
Government’s $2 billion SME finance fund critiqued by Productivity Commission
The Productivity Commission has taken a swipe at the government's $2 billion Business Securitisation Fund, questioning whether it is in the public interest.
Capital injection: Morrison commits $100 million to SME growth
The government has committed $100 million in taxpayer money to a new growth fund which would seek to turbocharge high-growth-potential SMEs.
