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COVID-19 and failed US deal combined to kill Data Republic

Data Republic was backed by some of the biggest names in Australia and Singapore, but its co-founder says it ran out of the money needed to keep growing. ....

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Big bank-backed Data Republic collapses after failed funding round

Big bank-backed Data Republic collapses after failed funding round
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Big bank-backed local data sharing start-up Data Republic has collapsed, with its 60 staff likely to be its largest creditor.
The business, which was founded in 2014 by Danny Gilligan and Paul McCarney, has a register of big-name investors including ANZ Bank, NAB Ventures, Reinventure and Singtel Innov8.
Danny Gilligan’s Data Republic has been placed in voluntary administration.
The firm created digital infrastructure that lets companies exchange data safely and securely, when wanting to share insights on their customers, or deepen relationships and form new partnerships. Its technology allowed customer data to be shared without personal information leaving the environment of the organisation doing the sharing. ....

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Rhein-Berg: Faxgeräte bremsen die Corona-Zahlen-Übermittlung

Rhein-Berg: Faxgeräte bremsen die Corona-Zahlen-Übermittlung
ksta.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksta.de Daily Mail and Mail on Sunday newspapers.

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Want to make an offer and avoid the agent?

Want to make an offer and avoid the agent?
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ANZ, the third-largest home lender, has boosted its investment in residential and commercial proptech to almost $200 million with the launch after a 10-month incubation of Propps, a service that installs a “make an offer now” button directly on real estate agents’ websites.
The bank will retain a minority stake in the service that aims to help agents receive and assess legally binding offers for a property online and, in a time of increasing off-market sales, could let agents conduct virtual boardroom auctions.
Make an offer – online: Propps allows buyers to take the first step without talking to an agent. ....

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No upside in owning a neobank, ANZ Bank tech boss says

No upside in owning a neobank, ANZ Bank tech boss says
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ANZ Bankâs technology chief Gerard Florian has hosed down the immediate prospects of the lender buying a neobank to improve its digital offering, saying it will lean on partnerships instead of acquisitions to keep pace with its big four rivals.
Analysts have put the spotlight on ANZâs response to fintech disrupters, after rival moves including National Australia Bankâs purchase of neobank 86 400, Westpacâs partnership with Afterpay, and Commonwealth Bankâs increased tech spending and its joint-venture with Klarna. ....

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