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WEEK STARTING SEPTEMBER 30


AUSTRALIAN FINTECH & STARTUPS

Corporate card and expense management platform, DiviPay, raised $2.3m series A led by ANZi (ANZ’s Corporate VC arm). DiviPay has been a long time friend of The Inner Loop - congrats to the team!

ASIC has questioned the ‘lasting impact’ of CBA’s school banking program, Dollarmites

V2food, an Aussie version of Beyond Meat, is going to build a $20m facility for processing legumes into meat alternatives. It’s being led by Hungry Jack’s founder, Jack Cowin and CSIRO ventures. The legumes are better? I’m legumin’ it? (Other plant-based puns welcomed via email reply)

iSignthis was suspended from trading amid queries from ASIC & ASX. Not a good Sign..

BIG TECH

More WeWork drama: WeWork withdraws their IPO. IP-NO!

Visa, MasterCard and others are reconsidering their involvement in Facebook’s Libra

Super interesting read: Leaked audio transcripts of Mark Zuckerberg discussing Facebook, the US Govt, antitrust etc

POTPOURRI

Kathmandu bought RipCurl for 350m

Interesting read: You don’t understand your software engineers

TRIVIA 
Answers at the end of the email

(a) What fish is known as the czar fish?

(b) Can you name 3 of the 4 US states whose names come from the first names of European kings?

(c) What book has the following line in the first scene: "With the brass nozzle in his fists, with this great python spitting its venomous kerosene"?

JIMMY'S NOTES

Hit me up on LinkedIn to follow any more of my posts, or if you want to have a comment on this week's article

Happy long weekend!

All the best,
Jimmy
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FRIENDS OF THE INNER LOOP


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.

 
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Trivia Answers 

(a) The sturgeon

(b) Georgia, Louisiana, North Carolina & South Carolina

(c) Fahrenheit 451
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