Fintech OpenSparkz scores $1.5 million in over-subscribed round to tidy up the loyalty-card space

Rewards startup OpenSparkz has secured $1.5 million in an over-subscribed second seed-funding round, despite being pre-revenue. Founded two years ago by chief executive Terry McMullen and co-founders Ian McKenzie, Debra Taylor and Nigel Lovell, OpenSparkz is a Platform-as-a-Service startup allowing consumers to consolidate multiple loyalty and points programs into one. The investment was led by … Read more

Coincast Media cuts out the jargon, rides the blockchain wave

While prices of cryptocurrencies like Bitcoin and Ethereum have dropped this year, fortunes have been much better for a Perth-based global news and media group specialising in the blockchain that underpins the technology. With a background in financial journalism at Bloomberg, Heidi Cuthbert (pictured) founded her digital PR agency Multiplier in 2016 with a focus … Read more

Happy birthday Bitcoin: What we can learn from its formative 10 years

A mysterious, anonymous entity known as Satoshi Nakamoto posted a white paper on October 31, 2008, entitled Bitcoin: A Peer-to-Peer Electronic Cash System. It was the first time the concept of Bitcoin entered the world. But outside of the cypherpunk mailing lists — those promoting the use of privacy-enhancing technology — this event was hardly noticed. Ten years on, who hasn’t at … Read more

Queensland blockchain startup TravelbyBit just won a $3.5 million investment from global cryptocurrency exchange Binance

Global cryptocurrency exchange Binance just invested $US2.5 million ($A3.48 million) in TravelbyBit, an Australian blockchain payments provider for the travel industry. The two will work together to introduce a point-of-sale (POS) payment system, incorporating blockchain technology, into major airports around the world. Queensland-based TravelbyBit enablises merchants to accept payments in digital currencies such as Bitcoin … Read more

Australians are embracing fintech as they move away from traditional payment solutions: Research

Australian appetite for fintech services is on the up, with non-bank contactless or card-less mobile payment solutions now being used more than bank-owned payment solutions, according to recent research from market research company Roy Morgan. The Roy Morgan Digital Payment Solutions Currency Report, which is based on more than 50,000 consumer interviews, suggests fintechs, including startups, are … Read more

Post-capitalist entrepreneurship : startups for the 99% (book)

Author: Boyd Cohen This book details the implications of the post-capitalist society on entrepreneurship around the globe, and it challenges many of our underlying assumptions about how entrepreneurs form startups and the objectives and roles, or lack thereof, of startup investors in a post-capitalist society. The author explores real emerging stories about different forms of … Read more