Startup · $10m raised
Brisbane, QLD
Every investor coverage indicates participated in a round Paypa Plane raised.
| Investor | Rounds | Invested |
|---|---|---|
| Commonwealth Bank | Series A · Unnamed stage | - |
| Commonwealth Bank of Australia | Unnamed stage | - |
| Cuscal | Series A | - |
| Mastercard | Series A | - |
| Queensland Government's Business Investment Fund | Series A | - |
| Queensland Investment Corporation | Series A | - |
| Queensland Investment Fund (QIC) | Series A | - |
| Sprint Ventures | Series A | - |
| Tyro | Series A | - |
Companies Paypa Plane acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Paypa Plane. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Startup Daily reports Founder Institute ANZ's eight newest cohort startups, revealed ahead of their Sydney Demo Day on May 21, with a keynote from Paypa Plane CEO Simone Joyce.
A profile of Brisbane fintech Paypa Plane's new 12-week gender-neutral parental leave policy, noting its recent $10 million Series A raise, Mastercard backing, and plans to grow its team.
Also paypaplane.com·Business News Australia·Startup Daily·Australian FinTech·Startup Daily·Women's Agenda
Roundup of female-founder wins: Reejig raises $15m, Healthy Mummy acquired by Halo Food Co for $17m, Shebah exits administration, Canva donates to Afghanistan relief, and CBA buys into Paypa Plane.
Accounting software firm Karbon raised US$66 million led by Tidemark Capital, following earlier 2021 and 2018 raises. The piece also recalls Paycycle's sale to Xero and notes CBA's investment in Paypa Plane.
Commonwealth Bank has bought a fifth of Australian payments fintech Paypa Plane to improve SME payments, while the article also notes MYOB's recent acquisitions of Nimbus and Tall Emu and partnerships with Butn and Valiant.
Also Startup Daily
Commonwealth Bank buys a fifth of Brisbane payments startup Paypa Plane for an unstated amount, partnering to deliver PayTo real-time direct debits to business customers.
Payment firm Paypa Plane says Mastercard, Cuscal, Sprint Ventures and Queensland's Business Investment Fund joined its $10 million Series A, with QIC managing the investment and Commonwealth Bank and Tyro already backing it.
Also Business News Australia·Startup Daily·Australian FinTech·SmartCompany·Startup Daily·Women's Agenda