Sunday Weekly Summary December 4, 2022

Sub11 - A New home for Fintech in Australia

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Melbourne based FrankieOne announced 📣 they raised $23m as part of an extension of their Series A to take the total funding for the round to $45m. 💰✅

Commonwealth Bank partnered with Paydock for the launch of “Powerboard” / a “plug in” 🔌for merchants to access payment methods through a single platform. 🍽️

* Nauggets partnered with Azupay to help with instant and automatic payments in Buying, saving and spending 📲 gold ⭐️

* ASX listed Payright announced a capital raising 💵 to raise up to $5.03 million via a placement & an underwritten entitlement offer

* Online home loan marketplace JOUST partnered 🤝 with Nectar Mortgages to provide Australian 🇦🇺 borrowers with a fast, easy, seamless home loan application process ⚡️ and also ensure a constant flow of lead generation for Nectar Mortgage brokers.

* Brisbane based Ettle successfully facilitated a pilot 🛫 transaction between business clients on its stablecoin infrastructure platform 🔗 using the digital Australian 🦘 dollar token "AUDE".