Sub11 Sunday Weekly Summary 6 March 2022

A summary of the week that was in Australian fintech

Fintech Sunday Weekly Summary for Sub11 Image

• Melbourne based Zeller raised $100m at a valuation >$1b 🦄 led by Headline alongside Hostplus 📲✅

• ASX listed Zip Co & Sezzle announced a merger 🔗whereby Zip has agreed to acquire Sezzle in a all scrip transaction valued at $491m 🤝

• The New Payments Platform (Australia) announced 📣 they have just surpassed 10m registered PayIDs. 🇦🇺📲📧

• According to the State of Australian 🇦🇺 Startup Funding 2021 by Cut Through Venture & Folklore Ventures 25% or $2.5b of funding was in the #fintech sector - the highest sector of investment by 2.5x. 📊

• Blockchain Australia 🇦🇺 found a home for Day 3 of their Blockchain Week - the AFL - AFL - Australian Football League’s Marvel Stadium 🏟 👏Talking all things #nfts #metaverse & #gamefi