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Showing 71 - 80 of 198 results for "Startup"

Magellan profits dip

KANIKA SOOD  |  TUESDAY, 17 AUG 2021
... provider FinClear. These contributed an after-tax loss of $41.8 million, which Magellan said was largely driven by the startup costs of Barrenjoey. "Does this concern us in any way? Not in the slightest. These costs were anticipated, and we are confident ...

GigSuper eyes $1.5m raise

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years. GigSuper this week opened a crowd-funded raise for $1.5 million based on pre-money valuation of $8.1 million. ...

Tidswell agrees it contravened Corps Act

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... surrendered its RSE licence to APRA, as it agrees to ASIC's allegations it contravened the Corporations Act in its work for startup super fund MobiSuper. In N ovember 2019, ASIC filed a case against MobiSuper, Andrew Richard Grover and Tidswell in ...

Spaceship hits $1bn in total assets

KANIKA SOOD  |  TUESDAY, 27 JUL 2021
The superannuation and investing startup has crossed $1 billion in total assets, after more than doubling the number in the last year. Its total assets more than doubled from $415 million in July last year to $1 billion now, while total customer base ...

Victorian government agency hunts for fund manager

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
The Victoria government's LaunchVic is looking for a fund manager to run a $120million startup fund. The Victorian Startup Capital Fund (VSCF) is a fund-of-funds that was announced in the Victorian Budget 2020/21 and will invest in Victorian early-stage ...

Super funds back carbon startup

ELIZABETH MCARTHUR  |  TUESDAY, 15 JUN 2021
A new carbon risk management startup backed by Aware Super, Energy Super and Future Super has launched with former AMP chair Catherine Brenner on the board. Emmi will collect and analyse data on carbon emissions to assess businesses' financial risks ...

Digital fact-find gains momentum

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... clients and less time spent by advisers, leading to more profit, not to mention more productive meetings, Patty said. The startup has raised funding from a number of industry participants, advisers and early users. It will raise funds in another round ...

AIA Australia partners with Your Wills

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... asset protection approach. Wickremesinghe, who formerly worked at AMP, AustralianSuper, ING and OnePath, launched the startup in May 2020.

Vanguard appoints super administrator

KANIKA SOOD  |  MONDAY, 12 APR 2021
... this year. In the lead up to it, Vanguard wound back its institutional client book in Australia. Grow Super began as a startup superannuation fund in 2016 and developing an administration platform for other superannuation funds. At end of 2019, its then ...

Former UBS GAM executive joins CBA incubator

KARREN VERGARA  |  THURSDAY, 28 JAN 2021
Commonwealth Bank has hired a former UBS Global Asset Management and Financial Services Council executive to chair its fintech incubator business. Ben Heap was appointed non-executive, independent chair of x15ventures, which helps scale startups by ...