CBA have announced they plan to launch 25 new businesses over the next five years through their fully owned subsidiary, X15 Ventures. In partnership with KPMG who will provide advice on the ventures, and Microsoft, who will contribute to the engineering platforms, CBA intends to capitalize on their brand, security protocols, and available funds to
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It’s been a rough first month since listing on the ASX for Buy-Now-Pay-Later (BNPL) service provider Openpay (ASX: OPY) but the fintech is diversifying into the B2B market with the launch of Openpay For Business – software designed to streamline trade account management. Despite its Openpay branding, Openpay For Business will not offer B2B partners
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Food delivery service Marley Spoon (ASX: MMM) has received further commercial support, securing A$4m in funding from supermarket operator Woolworths (ASX: WOW). The subscription-based, meal-kit delivery service that currently operates throughout Australia, Europe, and the US delivers raw ingredients and cooking instructions to the door of their customers. The convenience of delivery and the variety
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