Ledger. Australian venture funding, tracked

Company

PayPal

Coverage

Stories naming PayPal. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

2 deals

4 Fintech Startups from Australia to Have on Your Radar in 2026

Profiles four Australian fintechs worth watching in 2026: Fat Zebra, WeMoney, Swyftx and Block Earner, covering their growth, past acquisitions and previously secured funding rounds.

Also Australian FinTech·Fintech News Australia·Fintech News Australia

Funding announcement

Cashback platform Cashrewards to close after 11 years

Cashrewards, a shopping rebates platform once bought by ANZ's venture arm, is shutting down and returning member balances. It had earlier acquired Little Birdie, previously backed with $30 million by Commonwealth Bank.

Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily

3 deals

Airwallex raises $100M to power cross-border business banking, valuation stays flat at $5.5B

Airwallex has secured a $100 million Series E-2 extension at an unchanged $5.5 billion valuation, joined by existing backers plus HostPlus, to fund growth, new products and acquisitions.

Also SmartCompany·Startup Daily·Australian FinTech·SmartCompany·Techboard·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Forbes Australia·Australian FinTech·Australian FinTech·Forbes Australia

13 deals

Funding for Aussie tech hits record highs, as startups bank $850 million in two weeks

A roundup of 19 Australian startup funding announcements totalling over $851 million in early February 2022, covering raises by Cyara, Karbon, Slyp, Reejig and others, alongside record 2021 venture investment figures.

Also webbikeworld.com·SmartCompany·SmartCompany·Startup Daily

2 deals

Functionly secures US $2.7m (AU$3.6m) in seed round funding to disrupt the organisational design industry with simple software for leaders

Org-design software maker Functionly announced a AU$3.6m seed round with Black Nova Venture Capital leading and several funds plus angels taking part, bringing its overall funding to AU$5.9m alongside an earlier A$598k government grant.

Series A $10m

Paypa Plane welcomes Mastercard, QIC and Spirit Ventures to the Shareholder list

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

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