Aaron Bassin

Eight Aussie startups that raised $36 million this week

Weekly roundup detailing new funding for eight local startups: home lending, document verification, farm water monitoring, alcoholic drinks, freight software, leaf protein, artist content sales and organic bedding, totalling over $36 million.

Sydney start-up Bridgit has raised $14.6m as it takes on the wealth transfer market

Bridging lender Bridgit has banked a $14.6m equity round through OIF Ventures plus a $125m debt facility, positioning the Surry Hills startup for Australia's looming intergenerational wealth handover.

Also OIF Ventures portfolio·Australian FinTech·Startup Daily·Startup Daily·SmartCompany·Australian FinTech·Australian FinTech

BLAST OIF | Edition VI

OIF Ventures' newsletter announces leading Nullify's pre-seed round, two investment team hires, portfolio company awards and product launches, and Go1's acquisition of Anders Pink.

Also OIF Ventures portfolio·Startup Daily·Startup Daily

Fintech bridging loan specialist Bridgit hits $1 billion in loan applications

Bridging-loan lender Bridgit reports reaching a billion dollars in loan applications within a year of launching, driven largely by downsizers; the piece also recalls its equity raise and venture debt facility.

Non-bank lender Bridgit appoints Stephen Doyle as Head of Distribution

Bridgit, a non-bank bridging loan provider, has hired Stephen Doyle as Head of Distribution, drawing on his aggregator and broker-channel background at Loan Market Group, NAB and AFG.

Our investment in Bridgit

Investment note announcing the firm's lead of Bridgit's $7.7 million Series A. Covers the bridging-loan fintech's product, traction, market, and founders' backgrounds at Stake, MoneyMe and KPMG.

Bridgit banks $7.7m to turbocharge same-hour loans

Bridging-loan fintech Bridgit closed a 7.7 million dollar round with OIF Ventures and Perennial Partners, following earlier venture debt, to expand its rapid loan approval technology.

Also OIF Ventures portfolio·Australian FinTech·Startup Daily·Techboard·Startup Daily

Bridging finance fintech TechLend hunts fresh funds

OIF's write-up of bridging-loan startup TechLend: a two-month-old lender fielding heavy loan demand, already holding $50 million in venture debt from a Silicon Valley fund, now chasing a larger facility plus equity.