News & Media

Cuscal and Basiq have entered into a binding agreement under which Cuscal will acquire a controlling interest in Basiq, subject to customary conditions.

Breef, a platform that allows brands to manage and service marketing agency projects, today announced that it raised $16 million in a Series A round led by Greycroft with participation from Touch Ventures.

Julie Stevanja and Sali Sasi founded Stylerunner in 2012, in response to the booming athleisure trend.

Sendle, the first shipping carrier specifically designed to serve the needs of small ecommerce businesses, has launched in Canada, promising the end of the era of expensive parcel delivery in the country.

UAE-based buy now, pay later (BNPL) platform Postpay has launched an express payment service to provide a fast and seamless payment solution.

Refundid, a fintech start-up that provides instant refunds for online purchases, has closed a $12 million funding round.

Postpay and Tap Payments partner to offer ‘Buy Now Pay Later’ to boost revenue and increase flexibility for businesses

Women’s shopping app Her Black Book, founded by the sisters who started popular online aggregator Stylerunner, has raised $1.6 million.

The strategic partnership will support Postpay on several fronts, including transaction banking, debt funding and e-commerce solutions

Small businesses that use Sendle for their parcels now have access to a new returns service from the delivery provider.

Online shopping experience platform preezie has raised $5.5 million in a Series A.
The round was led by ASX-listed, Afterpay-backed Touch Ventures and Steve Baxter’s investment syndicate, TEN13.

Preezie will allocate the cash to team and product growth as well as international expansion.

Payment giant Visa has made a strategic investment in Basiq – a Sydney-based start-up that captures bank data for fintechs – in a move that points to payments and broader data sources being combined to improve digital services across the economy.

Afterpay-backed Touch Ventures has poured money into a previously closed funding round at Sydney-based fintech start-up Till Payments, which takes it to $125 million, as it looks to expand its operations in Europe.

Instant-refunds startup Refundid has secured $3 million in equity and debt funding just six months after launching, as it gears up to eliminate a lingering point of friction in e-commerce.

The round was led by AP Ventures, the venture capital fund backed by Aussie buy-now, pay-later giant Afterpay. E-commerce veteran Paul Greenberg, who also founded the National Online Retailers Association, also invested and will join Refundid’s advisory board.

AP Ventures, to be rebadged Touch Ventures Ltd, is in front of potential investors seeking to raise $100 million at 40¢ per share in a deal that would see its shares start trading on September 29, according to terms in front of potential investors.

Dubai-based Buy Now Pay Later (BNPL) player Postpay has secured $10 million in equity investment, which is set to accelerate growth and fuel expansion plans for the MENA region.
The investment was secured from AP Ventures and global BNPL leader Afterpay.

Sendle, Australia’s first 100% carbon neutral parcel delivery service, has raised AU$45 million in a Series C funding round to become the global leader for small business shipping and drive market expansion in the United States. The funding round was led by Afterpay-backed AP Ventures alongside existing investors including Federation, Full Circle and NRMA.

Afterpay-backed AP Ventures has invested $10 million in data capture company Basiq, in a bid to strengthen Afterpay’s ability to offer budgeting and savings tools for customers joining Afterpay Money, a new app that will provide transaction accounts through Westpac.

AP Ventures Limited, the Australian-based investment company, today announced it has completed its investment into Chinese based buy now, pay later company, “Happay”. APV invested US$10m to acquire a 20% stake in the business.

Technology firm AP Ventures, which is backed by “buy now, pay later” juggernaut Afterpay, has raised $50m from investors, including billionaire Alex Waislitz, to bankroll its first move into the Chinese BNPL sector.