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Fintechs drive venture capital: KPMG

ANNABELLE DICKSON  |  WEDNESDAY, 9 SEP 2020
Venture capital investment in Australian fintechs has grown despite concerns about the pandemic which has seen private equity and mergers and acquisitions activity fall, a new study from KPMG shows.

Facebook, Google face crypto class action

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
Sydney-based law firm JPB Liberty has filed a class action against Facebook and Google for the losses suffered by Australian cryptocurrency providers after their bans on cryptocurrency advertising.

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
HUB24 revealed it signed 105 new licensee agreements during the last financial year, as it reports an underlying NPAT of $10.1 million, up 49% on FY19.

Xero acquires business lender

ALLY SELBY  |  TUESDAY, 25 AUG 2020
Accounting software provider Xero has acquired an invoice financing business, set to help small businesses access capital.

Northern Trust launches ESG capability

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Global custodian Northern Trust announced it has redeveloped its environmental, social and governance analytics capabilities to now include key environmental data categories.

Iress posts mixed half year results

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
The financial services software provider reported a 14% decrease in net profit after tax at $26.3 million at from the previous corresponding period.

EQT swells revenue by 3.2%

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
EQT's mandate wins in last financial year swelled its total revenue by 3.2% to $95.4 million, while net profit before tax was down 3.3% to $31.3 million.

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
Digital dealtech company thedocyard has entered into a heads of agreement to acquire 100% of tech company Ansarada and has announced a $45 million capital raise to help fund the transaction.

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
IFM Investors and Regal backed Spitfire has appointed administrators, as it looks to restructure the group after a shareholder reneged on promised funding.

Class announces $4.2m acquisition

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
Class announced that it has executed an agreement to buy 100% of Assuriti (Smartcorp) for $4.2 million as it reported a 15% increase in FY19 operating revenue.