Startup · $20m raised
Every investor coverage indicates participated in a round Alex Bank raised.
Companies Alex Bank acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Andrew Peng | State Manager for Broker Partnerships, Victoria | Australian FinTech |
| Simon Beitz | Founder & CEO | Australian FinTech (5 Sep 2023), Australian FinTech (20 Mar 2023), Australian FinTech (7 Feb 2022) |
| Jeff Nel | Chief Operations Officer | Australian FinTech |
| Sascha Hunt | Chief Growth Officer | Australian FinTech (14 Apr 2023), Australian FinTech (7 Feb 2022) |
| Steven Degetto | Chief Commercial Officer | Australian FinTech |
| Craig Fenwick | CFO | Australian FinTech |
| Oyishi Haque | Business Development Manager for NSW/ACT | Australian FinTech |
Stories naming Alex Bank. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Avenue Bank, a Sydney lender to small businesses, has obtained a full banking licence from APRA, 18 months behind schedule; the article recalls its $37m Series B, Liberty's backing, and neobank failures and sales.
Alex Bank founder Simon Beitz will deliver the opening keynote at October's FinTech Summit in Sydney; the piece recaps the neobank's licence, products and growth since launch.
Digital lender Alex.Bank hires Oyishi Haque as business development manager for NSW/ACT, citing strong quarterly growth in settlement values and the recent full launch of its secured personal loan product.
Alex Bank has hired Andrew Peng as Victorian State Manager for broker partnerships, as the digital lender reports most new loan originations now flow through brokers.
Alex.Bank has announced a new equity raise targeting $20 million at a $130 million valuation, following its 2022 raise and recent ADI licence receipt, to fund lending and deposit growth.
SmartCompany summarises Cut Through Venture's report finding Australian startups closed 71 deals worth $471 million in September 2022, the strongest month since March, led by hardware, while revisiting large September 2021 raises.
Also Startup Daily
Techboard's monthly roundup tallies August 2022 private funding at $207m across 22 deals, listing the month's raises, BlackRock's acquisition of Akaysha Energy, One Click Life's reverse takeover listing, and several fund closes.
Also Startup Daily
KPMG's half-yearly fintech report finds Australian fintech funding rebounded in 2021, recapping local raises, listings and acquisitions alongside record global deal figures and a bullish outlook for 2022.
KPMG's annual survey counts 718 active Australian fintechs and says consolidation, including NAB's purchase of 86 400 and Square's pending Afterpay takeover, is driving sector growth.
Also Australian FinTech·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Australian FinTech·Australian FinTech