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Smart receipt company, Slyp, received an additional $4m in funding from ANZ, NAB and Reinventure. If you haven't heard of Slyp, check out their proposition here

Renewable energy startup, Amber Electric, raised $2.5m to assist with their East Coast expansion. Amber provides $10/month energy and wholesale prices. Super interesting concept. More on Amber here

After two and a half years, neobank 'Xinja' received their unrestricted banking license. Random aside, they had giant Xinja ads on trucks rolling around the city throughout the week. Weird flex

86 400 officially launched to the public (no longer invite only)


Apple released a new line of products. The new iPhone 11 has 3 lenses, allowing for an ultra-wide, wide and zoom shot all at once (how that works, I'll never know...)

Jack Ma officially stepped down from Alibaba. Here's his 6 core values for a successful business

If you haven't followed the controversy around the WeWork CEO, you should. His fortune / net worth dropped significantly as SoftBank wants to scrap the IPO of the company as they are starting to lose faith in him. Cracking article by SMH here 


Vinyl is about to outsell CDs for the first time since 1986

Parody: My iPhone 11 shipped early and I love it

Answers at the end of the email

(a) What is the only sea with no land borders?

(b) Many homes in which world capital city are heated by near-boiling water, pumped in from hot springs at Nesjavellir?

(c) What is the second largest land animal by weight?

(d) Which state is Australia's largest wine producer by volume?


Welcome to InDebted to the Friends of The Inner Loop section! InDebted is a suuupper interesting company that is redefining debt collection and looking to erase the stigma that surrounds it. They're currently backed by Reinventure and Carthona Capital. Read more about them here, or in the section below.

Also..side note..I'm conscious I've added in articles such as "the top 6" and "the top 25" recently. I don't normally like posting such clickbait-y articles without any substance. I believe that they have been genuinely interesting, but if you don't like it...let me know. 

Have a great weekend. 

All the best,

Assembly Payments Careers
Assembly provides a payment platform that enables marketplaces, platforms and banks to create extraordinary payment experiences

InDebted Careers
InDebted is sublimating debt collection by leveraging machine learning to understand consumer preferences for servicing overdue accounts. We couple this with an exceptional customer experience to enable our clients to better support the financial wellbeing of their customers.

Reinventure Jobs
Open roles within the Reinventure portfolio. Maybe time for a change to FinTech?

DiviPay Jobs
DiviPay is an awesome up and coming corporate card & expense management platform. Co-founder Dan has been a long time reader / fan of the Loop! Check out the link for some of the roles they are looking for as they scale up.

Friends of The Inner Loop showcases some of our readers, their interests and what they're working on. If you want to be a friend of The Inner Loop, then drop me a note
New user? Subscribe here

Trivia Answers 

(a) The Sargasso Sea

(b) Reykjavík (Capital of Iceland)

(c) Rhinoceros
 (wow that is hard to spell...)

(d) SA (more than all the others combined)
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