MENTORLOOP RAISES $300,000 IN SEED FUNDING

MENTORING is acknowledged as a vital part of career development, but even some of the most well-run businesses struggle to do it right.

This was an issue that long-time Melbourne-based friends Heidi Holmes and Lucy Loyd identified, and then targeted with a new cloud-based software offering named Mentorloop.

Having recently raised $300,000 in seed funding, which valued the business at $2 million, the pair’s idea to creating a mentoring management system has clearly taken hold.

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This fintech start-up has raised $3 million to make cross-border payments much easier

Fintech start-up Airwallex has strengthened its Melbourne and Chinese development teams and accelerated R&D of its international payments platform following a recent US$3 million pre-Series A investment round led by Shanghai-based VC Gobi Partners.

Airwallex offers integrated solutions for business and personal cross-border transactions and facilitates international money transfers through a combination of payment collection, foreign exchange, remittance and security settlement.

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Lead Partners

NZTE NZGCP PWC Callaghan Innovation

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AVID “Jarden” Baldwins Beca

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“UniServices” Kiwinet “AWS” “BNZ” “Momentum”