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Sunroom co-founders Michelle Battersby and Lucy Mort created the app to legitimise content creation as a career.

For women, by women: Sunroom seeks to revolutionise the creator economy

The Australian-led app Sunroom is pitching itself as an alternative to TikTok and Instagram, with a specific focus on creators who operate in the body positive and sexual wellness space.

  • Amelia McGuire

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Financial crime fighter FrankieOne plots global expansion after funding win

The financial crime prevention start-up, which counts three of the four major banks and Afterpay as customers, has just opened an office in Seattle and has its eyes set on London and Singapore.

  • Charlotte Grieve
Xinja shareholders safeel like they have a “gun to their head”.

APRA launches investigation into Xinja’s capital raising tactics

The prudential regulator has issued orders to investors to provide all correspondence and records with Xinja over a 14-month period that spans the fintech’s controversial $433 million Middle Eastern deal that was used in marketing material yet ultimately never materialised.

  • Charlotte Grieve
The team from Eucalyptus: From left: Benny Kleist, Charlie Gearside, Tim Doyle, Alexey Mitko.

Woolworths-backed online health startup Eucalyptus gets $30m shot in the arm

Online health startup Eucalyptus has locked in a $30 million funding round from a bevy of high-profile US and Australian investors.

  • Dominic Powell
Frankie One founder Simon Costello.

How FrankieOne founder Simon Costello’s failed neobank led him to success

The entrepreneur wanted to shake up the banking industry by building a neobank. Now, he’s changing banking for the better in a new way.

  • Charlotte Grieve
Airwallex finalised an office fit-out for its Williams Street office in Melbourne in late March.

‘We did very very poorly’: Airwallex vows to improve culture amid staff survey backlash

Airwallex scored a negative result in a survey that measures job satisfaction across its compliance and legal operations.

  • Charlotte Grieve
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Xinja Bank CEO Eric Wilson is back in front of potential investors.

Xinja CEO to leave after $433m Middle Eastern deal dies

Xinja’s CEO is leaving, its ditching plans to launch Dabble and has drastically downsized its team until it figures out a way to bring money in the door.

  • Charlotte Grieve
ANZ continues to bank for Airwallex’s customers.

Airwallex banks with ANZ, despite NAB and Citi rejection

ANZ provides banking services for fintech Airwallex, despite it being rejected by two major lenders and it onboarding clients that violate an ANZ policy banning remitters.

  • Charlotte Grieve
Citi and NAB rejected Airwallex over money-laundering concerns.

‘Denied’: NAB, Citi pulled banking services from fintech unicorn Airwallex over risk fears

Two major lenders have rejected the celebrated fintech over concerns it was high-risk due to suspicious payments patterns and hard-to-identify customers.

  • Charlotte Grieve
Xinja has become first Australian bank to return all customer deposits.

Xinja needs $5 million to launch new products, faces investor pushback

The fallen neobank needs more money to launch new financial products aimed at Millennials but shareholders have been warned the company could yet go under.

  • Charlotte Grieve

Original URL: https://www.smh.com.au/topic/start-up-technology--1n06