The Australian bitcoin mogul at the centre of an epic crypto scandal
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Credit:Mark Stehle
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If the pictures of Lamborghinis lined up outside bitcoin conferences in Manhattan or jet skis bobbing in the crystal clear waters of Bermuda are anything to go by, working at leading cryptocurrency exchange and derivatives trading platform BitMEX was a sweet gig.
That was especially so for its first employee, Australian born and raised Greg Dwyer. Joining BitMEX in 2015, which grew into a $US3 billion ($3.9 billion) financial behemoth in just a few years, must have seemed like the opportunity of a lifetime for Dwyer. Until it all came crashing down last year.
BNPL Fintech Limepay Goes on Hiring Spree After Securing $21M in Capital with 7 Senior Appointments
February 5, 2021 @ 9:13 pm By Omar Faridi
Limepay, a Buy Now Pay Later (BNPL) provider, says it has gone on a “hiring spree” after securing $21 million in capital, with 7 senior hires according to a release shared with CI.
Limepay claims that it’s Australia’s “only” enterprise payments and white-label BNPL and it plans to “beef up” its team with several high-level appointments ahead of a potential ASX listing during H2 2021. Notably, this announcement has come after its pre-IPO raise amid 2020’s Christmas rush and its recent partnership with Domain (ASX: DHG).
Limepay adds seven new senior hires as gears up for IPO
Limepay co-founder and chief Tim Dwyer and chief revenue officer Dan Peters. Source: supplied.
Buy-now-pay-later fintech Limepay is progressing on its way to listing on the Australian Securities Exchange by using some of the almost $30 million it has raised over the past 12 months to add a series of high-profile hires to its team.
Limepay offers businesses a white-label payments platform, including buy-now-pay-later (BNPL) functionality, that can be fully integrated with their brands.
The startup closed a $21 million pre-IPO funding round in December, adding to a $6 million raise in May 2020, and is eyeing off an ASX listing in the second half of the year.
Are Google and Facebook really prepared to pull services from their Australian users rather than hand over some money to publishers under the bargaining.
Is news worth a lot or a little? Google and Facebook want to have it both ways
Are Google and Facebook really prepared to pull services from their Australian users rather than hand over some money to publishers under the bargaining code?
Mel Silva, Google Australia managing director Credit: Google
Executives from Google and Facebook have told a Senate committee they are prepared to take drastic action if Australia’s news media bargaining code, which would force the internet giants to pay news publishers for linking to their sites, comes into force.
Google would have “no real choice” but to cut Australian users off entirely from its flagship search engine, the company’s Australian managing director Mel Silva told the committee. Facebook representatives in turn said they would remove links to news articles from the newsfeed of Australian users if the code came into effect as it currently stands.