21, Aug, 2019
Novo raises $4.8M in seed funding for mobile small business banking

Banking

Novo, a startup mobile bank aimed at small business, has said it raised $4.8 million in venture seed financing led by Crosslink Capital, along with Red Sea Ventures and RRE. Other investors in the funding round include Hack VC, Rainfall and the Stanford Law School Venture Fund, according to a company […]

Source: Square Square is launching yet another banking product. The payments company announced a debit card for businesses on Thursday that lets Square sellers using its credit card processor get immediate access to money from sales. The product encourages merchants to keep funds with Square instead of depositing them into […]

Commissioner Kenneth Hayne. Source: AAP/David Geraghty. The banking royal commission’s final report will be submitted to the government today before being made public on Monday afternoon. The report is widely expected to include a laundry list of recommendations designed to break the cycle of appaling behaviour in the sector, but […]