ASIC stated that initial coin offerings can “involve significant risks for investors that are often not disclosed or well understood”.
Snooper, a platform that allows brands and retailers to collect data by having consumers complete ‘missions’ related to their products in stores, has raised $1 million in a funding round led by Microequities Venture Capital.
Though Australian consumers believe the value of the benefits garnered from loyalty or rewards programs is diminishing, their favourite loyalty program still has an influence on their behaviour, a report has found.
Only 50 percent of Australian SMBs have a website, while 48 percent of consumers stated they will stop considering a business if it doesn’t have a website.
“It was so obvious the team was so much more excited about tackling this new problem that’s now Tayble than keep beating down the path of Deal Tap.”
Australia is a leading market globally for adoption of new financial services technologies, according to a report from Ernst & Young, with a particular focus on money transfer and payment services.
Data Governance Australia (DGA) has released a Draft Code of Practice to set industry benchmarks for the responsible collection and use of data.
“Shortly after our consumer launch, the reality that everything was going to be infinitely harder than we had anticipated started to sink in.”
Startup Glamazon is allowing its users to connect with on-demand beauty services and salons through a mobile app similar to Uber.
Ethical Switch is looking to help consumers learn more about the companies they are giving thousands of dollars to each year, from power companies to their super funds.
Temando’s software aggregates courier services to help both consumers and retailers compare their shipping options. CEO Carl Hartmann says expensive and complicated postage arrangements is the number 1 reason consumers don’t complete a sale and the figure for abandonment stands at between 60-80% depending on the industry.
Today financial services group FlexiGroup has announced a $2 million investment into Perth fintech startup Kikka Capital. FlexiGroup has agreed to acquire a minority equity interest in Kikka with an option to increase investment in the future.
Urge wants to up the convenience factor, allowing consumers to connect and transact with businesses through text rather than calls.
Co-founded by Australian entrepreneurs Paul Pearson and Richard Frey, Alphatise is set to bring the power back into the hands of consumers when it comes to product pricing. Launching in May this year, Alphatise creates a unique marketplace in which consumer drive deals on items they want and suppliers sell items based on market demand.