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AccessPay and Assembly Payments have won financial services cooperative SWIFT’s global gpi industry challenge.
HR and payroll platform Flare HR has reportedly secured a $7m investment from Westpac Banking’s venture firm Reinventure Group.
Australia-based Simply Wall St has closed its Series A on $1.8m from its user base of 100,000 retail investors.
Australian accounting platform Practice Ignition has picked up AUD$5m ($3.75m) in a Series A funding round.
Australian cross-border payments service Airwallex has landed $13m in a round led by Chinese web giant Tencent. Sequoia Capital China, MasterCard and existing backer Gobi Ventures also participated.
Australian venture capital firm Square Peg Capital has closed its latest fund with $180m (AU$234m). The firm invested in payments disruptor Stripe’s $100m Series C round in July 2015.