Rich Data Co

Seven Aussie startups that raised $45.6 million this fortnight

Roundup covering seven Australian companies' recent raises — Splend, Rich Data Co, Slice, InvestorHub, Eyeonic, Graceview and Monty Compost Co — from fleet electrification finance to AI compliance and compost-monitoring seed rounds.

Leading AI decisioning platform provider Rich Data Co secures further $9 million in funding from Acorn Capital

AI decisioning firm Rich Data Co has landed $9 million from Acorn Capital, lifting its Series B to $37 million, as it pushes into North America after signing its first US bank customer.

Also SmartCompany

Australia's fintech activity falls 76% to A$910 million amidst global slowdown

KPMG's half-yearly fintech report recorded a 76 percent drop in Australian fintech deal value for 2023, listing acquisitions of A2B and Stockspot and raises by Midkey, Rich Data Co and Lumi.

Eleven Aussie startups that raised $61.5 million this week

Weekly roundup of funding rounds at eleven Australian startups, including a $28 million Series B, a $14 million raise paired with an acquisition, and a neural-implant company appointing a new chief executive.

Also Startup Daily·SmartCompany·Startup Daily

Aussie AI platform powering bank lending raises $28 million

Rich Data Co, an AI platform for bank lending decisions, has closed a $28 million Series B with Westpac and nCino leading, its first raise since a $15 million round in 2021.

Leading AI decisioning platform Rich Data Co successfully raises $28 million in Series B round to accelerate North America expansion

AI lending-decision firm Rich Data Co has banked a $28m Series B co-led by Westpac and nCino, with BMYG reinvesting and Singapore's Octava Fund joining, to speed its North American push.

Also Forbes Australia·SmartCompany·SmartCompany·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech

Rich Data Co and UNSW awarded Australian Government Innovation Connections grant to further explore AI capabilities in credit decisioning

Rich Data Co and UNSW received an Australian Government Innovation Connections grant in September to fund twelve months of joint research into AI applications for credit decisioning.