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30 Oct

Tyro to develop one-stop POS and app integration for SMEs

by launch-admin Oct 30, 2018 0 News


Tyro to develop one-stop POS and app integration for SMEs

Tyro platform to connect customer apps with POS systems and merchants to reduce admin for all

 

Sydney, Australia, 14 May 2018 – Tyro, Australia’s business-only bank, today announced a deal that will see it deliver an API platform designed to remove the complexities and expense of integrating multiple apps and point of sale (POS) systems, by providing a single integration solution.

 

Expanding on its deep experience in payments integration with POS systems, Tyro’s platform will sit at the centre of a network that seamlessly connects POS systems and apps. It will eliminate the need for POS players to build and maintain multiple integrations, and in doing so, they will benefit from significant cost savings, and an increased value proposition to their customers. For small to medium enterprises (SMEs), it will radically simplify how they onboard, manage and switch between the plethora of apps available to businesses and those that are increasingly being demanded by consumers.

 

Initially focusing on the hospitality industry, Tyro has formed partnerships with six leading POS providers in the sector to develop and deliver a much-needed transformation to the connectivity between POS, apps and merchants. Central to the agreements is Tyro’s role as the exclusive app integrator and platform provider for these six POS providers in respect of certain integrations (including but not limited to delivery, ordering, reservation, data and analytics, logistics and workforce management apps). Tyro believes that this innovative ‘one-stop’ solution will encourage other POS providers to sign up alongside foundation partners, Bepoz, Fedelta, Idealpos, OrderMate, Redcat and SwiftPOS. Tyro already has a number of arrangements in place with app providers and is looking to significantly increase this number over the coming months, focusing on those that provide the best experience for merchants and their customers.

 

As it stands today, consumers are ’loving’ the accessibility of order-ahead apps – they can order from anywhere to anywhere at their convenience, receive offers, discounts and loyalty points instantly, and save time. Meanwhile, merchants are weighed down, currently requiring the installation of multiple separate devices and plug-in points in order to service the range of different order-ahead, loyalty and booking apps their customers want to use. This causes clutter and mayhem at the front counter. At the end of the day, reconciliation of the orders generated from each separate app is a labour-intensive chore.

 

Robbie Cooke, CEO of Tyro, said, “Merchants are increasingly interacting with their customers through order-ahead apps, loyalty and rewards apps and bookings apps, amongst others. While customers are loving how easy these apps are to use, the complexity of juggling multiple systems to accommodate different apps and POS systems is an onerous by-product of meeting customer expectations, not to mention the counter space all the devices occupy and the tangle of cables.”

 

“Tyro is uniquely positioned to solve this problem and streamline merchant processes with our POS partners. Currently, we directly integrate with more than 240 POS and PMS systems, more than any other bank in Australia, and we have the in-house technical capability to take a lead creating a broad ecosystem of POS software providers and apps.”


Mr Cooke said the scaling potential for the platform is exciting and far-reaching. Merchants will not need to be payments or banking customers of Tyro to access the connectivity benefits of this initiative.

 

Tyro is diversifying its offering and responding to merchant needs through innovative design and a single-minded focus on delivering a better business experience. The platform will extend Tyro’s offerings outside its existing EFTPOS and banking space.

 

Tyro’s launch into app integration is another indication of its strong commitment to SMEs following the release of its industry-first least-cost routing product, Tap & Save, and the launch of Flexible Settlements, which allows merchants to choose a daily settlement time to suit their business operations.[1]

 

“In time, we intend to extend the platform to offer benefits to retail and health merchants, as well as other uses including staff management, analytics, loyalty, marketing, booking and inventory management. The platform will also enable us to consolidate and deliver insights gathered across multiple applications to help merchants run their businesses,” Mr Cooke added.

 

Tyro plans to bring the platform to the hospitality sector during financial year 2019 and roll out across other sectors shortly thereafter.

 

-ENDS-

 

 

About Tyro

Tyro is an Australian Bank and operates under the supervision of the Australian Prudential Regulation Authority (APRA).

 

Tyro provides credit, debit and eftpos card acquiring, Medicare and private health fund claiming and rebating services, as well as an interest bearing transaction and deposit account offering integration with Xero cloud accounting. Tyro takes money on deposit and offers unsecured cash-flow based lending to Australian EFTPOS merchants.

 

Tyro currently serves more than 22,000 customers with its own in-house, cloud-based mobile core banking platform.

 

For more information, visit tyro.com.

 

Media Contact

Christine Kardashian

Launch Group

02 9492 1000 | 0416 005 703

christine@launchgroup.com.au

 



[1] Applies to Tyro settled funds only – excludes HealthPoint and funds settled directly by Afterpay, American Express, JCB and Diners. Xenta or Xentissimo model terminals may need to be restarted to update the new flexible settlement time or manually updated via the terminal menu.

30 Oct

David Thodey AO to join the Tyro Payments Board

by launch-admin Oct 30, 2018 0 News

David Thodey AO to join the Tyro Payments Board

 

Sydney, Australia, 25 October 2018 – Tyro, Australia’s fast-growing business bank, today announced that David Thodey AO has accepted an invitation to join its Board as a non-executive director with the appointment to take effect in November 2018. In announcing the appointment Tyro’s Chairman Mr Kerry Roxburgh said:

“It is with great pleasure that I announce David Thodey is joining Tyro as a non-executive director. David’s extensive management, leadership and technology experience makes him a welcome addition to our Board. I am looking forward to David joining us in November and having the benefit of his expertise as we chart Tyro’s future course”.

Mr Thodey is a global technology and telecommunications executive with more than 30 years of experience – 25 of those in Asia. He has a track record of creating brand and shareholder value and has been successfully involved in innovation across a wide range of sectors. Mr Thodey was the CEO of Telstra (2009 to 2015) and prior to that had a 22-year career with IBM, working in senior marketing and sales positions, including CEO of IBM Australia/New Zealand.

He is currently Chairman of CSIRO and Director of Ramsay Health Care and Jobs for NSW. He is active in the venture capital industry as an advisor to Square Peg Capital and holds Board positions with several private companies. Mr Thodey is also Chairman, NSW Quantum Computing Fund, a member of the Advisory Board of United Healthcare and is on the Investment Committee of Evans & Partners Global Disruption Fund that listed on the ASX in August 2017.

Mr Thodey has a Bachelor of Arts degree in English and Anthropology, from Victoria University in New Zealand, and completed post-graduate studies at Northwestern University’s Kellogg School of Business in Chicago, Illinois. He was awarded an Honorary Doctorate in Science and Technology from Deakin University in 2016 and was awarded an Order of Australia in 2017 for integrity and leadership in business.

For more information contact:

Media enquiries: Lisa Vitaris – 0408 692 340
Investor enquiries: Robbie Cooke – contact Carolyn Prendergast on 0409 910 561

 

30 Oct

New market-leading features from Tyro supporting SMEs

by launch-admin Oct 30, 2018 0 News


New market-leading features from Tyro supporting SMEs

Flexible Same-Day Settlement allows faster access to funds and Xero payroll integration offers time-saving benefits

 

Sydney, Australia, 3 September 2018Tyro, Australia’s business-only bank, announced two major advancements to its EFTPOS and Bank Account offerings – Flexible Same-Day Settlement and payroll integration through Xero accounting software. These innovations have been developed from an understanding of the real-world environment small to medium enterprises (SMEs) operate in and reinforces Tyro’s market position as the leading business bank for SMEs.

 

A key pain point for merchants is the time it takes to access their funds, particularly for businesses that close late (e.g. hospitality) or trade on weekends (e.g. retail). Tyro recognises end of day trading times for merchants vary from business to business and in response to this, Tyro has further enhanced its EFTPOS solution introducing Flexible Same-Day Settlement to benefit Australian businesses, especially SMEs. Flexible Same-Day Settlement enables Tyro merchants to receive Tyro EFTPOS settled funds into their Tyro Bank Account at a time they choose between 8.00pm to 5.00am AEST, seven days a week (including public holidays).

 

With Flexible Same-Day Settlement, merchants are able to better manage reconciliations, as well as cashflow and operations. It helps to ensure a more accurate and consistent reconciliation process as merchants choose when their day ends rather than payments being split over a number of days. For example, hospitality merchants that may close as late as 1.00am can receive their funds in one lump sum at the end of their trading day. Other financial institutions may have a cut off time of 9.00pm which may see the merchant receiving some funds before 9.00pm and any sales incurred after this time may be received the following day, further complicating payment reconciliation. On the other hand, choosing Flexible Same-Day Settlement with Tyro, retailers can get paid as early as 8.00pm instead of having to wait for a prescribed payment time.

 

In addition to Flexible Same-Day Settlement, Tyro has introduced an integrated payroll solution with Xero. Tyro has eliminated the extra step of having to separately process payroll by allowing merchants to input pay runs through Xero, which is linked to their Tyro Smart Account – saving merchants time without having to download and upload ABA files anymore. Within a week of launching, there was a 20 per cent take up with current Tyro customers who are also existing Xero customers. The popularity of this feature aligns with feedback received from SMEs so far who are experiencing the time-saving benefits of the Xero payroll integration, by providing accounting and banking reconciliation as well as delegating user authorities for approvals i.e. accountants are able to process the payment in Xero and the business owner is then able to approve the payment in the Tyro app.

 

Robbie Cooke, CEO at Tyro, said, “We understand for some SMEs, cashflow is always crucial and getting access to funds is essential for everyday business, whether it is paying staff and invoices, using cash to run the business or investing back into the business. Flexible Same-Day Settlement gives Tyro merchants the ability to receive their funds daily, and the integration with Xero payroll increases efficiency, so SMEs can tailor their own cashflow and payments, reinvest into their business and run a smoother operation.”

 

Flexible Same-Day Settlement and Xero payroll are also integrated into the Tyro mobile app, giving Tyro customers full control of their banking in the palm of their hands. Merchants can track daily EFTPOS sales and see what is settling into their Tyro Smart Account. Using Xero payroll integration, they can also post pay runs directly from Xero without the need to download/upload an ABA file and approve them using the app – pay run transactions are then made from their Tyro Smart Account and fed back to Xero for reconciliation.

 

 

 

Tyro’s highly developed in-house engineering capability places it at the forefront of banking and payment innovation. As the only Australian bank completely dedicated to business banking, Tyro strongly supports SMEs by designing innovative products and a better experience for customers, so they can succeed. The company recently unveiled industry-first innovations such as the launch of its award-winning least-cost routing product, Tap & Save, a new deal that will see Tyro develop a one-stop point of sale (POS) and app integration for merchants, and a new agreement with Alipay that sees Tyro being the first Australian bank to integrate with Alipay. These initiatives demonstrate Tyro’s commitment to consistently updating its offerings to meet the needs of Australia’s SMEs.

 

-ENDS-

 

 

About Tyro

Tyro is an Australian bank and operates under the supervision of the Australian Prudential Regulation Authority (APRA).

 

Tyro provides credit, debit and EFTPOS card acquiring, Medicare and private health fund claiming and rebating services, as well as an interest-bearing transaction and deposit account offering integration with Xero accounting software. Tyro takes money on deposit and offers unsecured cashflow-based lending to Tyro EFTPOS merchants.

 

Tyro currently serves more than 20,000 businesses with its own in-house, cloud-based mobile core banking platform.

 

For more information, visit tyro.com.

 

Media Contact

Christine Kardashian

Launch Group

02 9492 1000 | 0416 005 703

christine@launchgroup.com.au

 

30 Oct

Businesses can now receive instant payments with Beem It for Business

by launch-admin Oct 30, 2018 0 News


Businesses can now receive instant payments with Beem It for Business

Instant transaction-free payments via Beem It set to be a game changer for small business operators

 

Sydney, Australia, 26 October 2018 – Instant payment app Beem It, today announced the launch of Beem It for Business, an innovative payment solution aimed at switched-on Australian micro and small businesses and savvy millennials with a side hustle, of which 1 in 3 have outside their normal job, according to triple j’s What’s Up In Your World survey[1].

 

A key pain point for the self-employed and independent contractors, as well as the 2.5 million casual workers in the booming gig economy[2], is the time it takes for them to access their funds. Beem It for Business facilitates instant payments for these operators using a smartphone and eliminates delays between financial institutions and cashless customers, with no set-up, subscription or transaction fees up to $10,000 per month.

 

Beem It for Business offers three ways to get paid:

 

1.     Printable QR codes allow businesses to create a unique code that lets customers scan and pay for goods and services via their smartphone, eliminating the need for cash or cards.

2.     Requests with customer payment reminders enable businesses to send their customers a request for payment including text message style prompts to those yet to pay, making it a practical solution for businesses that require upfront payment and for busy operators to keep track of who has / has not paid.

3.     Unique business usernames allow businesses to get paid in person instantly via a unique username, without the need for sharing lengthy bank details that can result in non-payment due to errors when keying in BSB and account numbers.

 

Angela Clark, CEO of Beem It said, “Our goal is to make money moments better through innovative easy-to-use technology. Beem It for Business now means that anyone – whether you’re a barber, babysitter, tradie or market seller – can receive payments for goods and services instantly, regardless of who they bank with.

 

“We understand cashflow for micro and small businesses, especially for self-employed and independent contractors, is essential for their business operations as well as income and living expenses. Beem It for Business helps to ensure prompt payments without the added stress of asking, waiting or chasing money and we are excited to provide this simple solution so that small businesses can grow and prosper.”

 

Hair stylist Henry ‘Chris’ Bello set up The Groom’s Man Styling 18 months ago, having spotted a gap in the market for a roaming barber service. Henry credits Beem It for accelerating payments while on the go.

 

“The nature of my business means I see clients wherever I can take my tools, so I need my banking services to travel with me. Many of them are time-poor professionals who need a trim in between meetings so Beem It allows me to fast-track payments. They can just scan the QR code and go, or I can send them a request, and because payments are instant, it’s the same as having the cash in my pocket.”

 

Beem It launched in Australia in May 2018, with the mission of making money moments better.

 

 

 

For more information on Beem It for Business, please visit www.beemit.com.au/business

 

-ENDS-

 

 

About Beem It

The Beem It app is a free service and provides instant and P2P payments, processed direct to users bank accounts. The intuitive interface links to smartphone contacts allowing customers to send, request or split payments in a few taps, with no BSB, account details or PayID required.

 

Beem It is available to all Australians with a valid Mastercard or Visa Debit Card, regardless of who they bank with. Backed by three of Australia’s largest banks, users are supported by rigorous security, encryption, identity and fraud protection measures.

 

Users appreciate the simplicity and convenience of Beem It, which is one of the highest-ranked financial apps in both the App Store for iOS and Google Play for Android, with more than a 4.5 star rating. Beem It has also recently released a printable QR code to make it easier for small businesses to accept Beem It payments.

 

The Beem It platform powers the growing feature set within the Beem It app experience and will also enable Beem It payment experiences to be embedded in other digital services to support future partnerships and services as part of Beem It’s vision to build an open Australian digital wallet.

 

Digital Wallet Pty Ltd (trading as Beem It) is a joint venture of National Australia Bank, Westpac and Commonwealth Bank.

 

For more information, please visit www.beemit.com.au.

 

Media Contact

Christine Kardashian

Launch Group

02 9492 1000 | 0416 005 703

christine@launchgroup.com.au

 

 

30 Oct

Angela Clark appointed CEO of payments fintech Beem It

by launch-admin Oct 30, 2018 0 News



Angela Clark appointed CEO of payments fintech Beem It

 

Sydney, Australia, 9 October 2018Beem It, Australia’s first fintech venture founded collaboratively by leading Australian banks has appointed CBA executive and innovation leader, Ms Angela Clark to the role of CEO.

 

Beem It was established in February 2018 by National Australia Bank, Westpac and Commonwealth Bank to deliver better payments experiences within a dedicated app available to all Australians, regardless of who they bank with. Following Beem It’s initial launch in May 2018, it has quickly become a prominent P2P payments platform in Australia with a fast-growing user base, from millennials to baby boomers.

 

Beem It Chair, Ms Kim Anderson described Ms Clark as an exceptional leader with a rare combination of skills and experience across traditional banking, startups and innovation.

 

“Angela is a seasoned executive with extensive experience in large multi-layered organisations together with smaller innovative startups. She brings a deep understanding of the customer experience and the ability to innovate in an agile and fast-moving environment. We are delighted to have her lead this initiative and look forward to building an innovative and inclusive platform that delivers value across the Australian payments landscape,” Ms Anderson said.

 

Ms Clark’s experience as a CEO and Managing Director spans multiple sectors and customer segments, including payments and financial services, and digital and traditional media such as advertising, broadcasting and radio. She has led companies as a founding CEO and Managing Director, founded her own ventures, and led transformation of divisions and customer strategy within large organisations.

 

In 2017, Ms Clark joined the Commonwealth Bank (CBA) to lead the Small Business segment for the Retail Bank as an Executive General Manager. Ms Clark was part of an executive team comprising members across CBA, Westpac and National Australia Bank that spearheaded the founding of the Beem It payments venture, with a vision to create an open digital wallet and payments innovation platform for all Australian consumers and businesses.

 

Prior to joining CBA Ms Clark led the digital division of the Australian Broadcasting Corporation (ABC), where she was responsible for the ABC’s digital strategy and delivery of its digital customer experience. Angela began her career as an investment analyst before joining global outdoor advertising leader JCDecaux as Managing Director of the Australian division, and later heading up Macquarie Radio as CEO, where she led the business to IPO. Ms Clark has a reputation as a leader in innovation in the Australian market and as an entrepreneur, having founded a number of her own digital media startups.

 

Ms Clark said she is excited to join Beem It as CEO at this early stage of its journey.

 

“I believe that the best innovation and technology helps us be more human, not less so. Beem It has a customer-first vision for making everyday payments moments an enjoyable and seamless experience. This lets our users focus on the experience itself, rather than the payment.

 

“Coordinating everyone in a group to pay their fair share, getting paid for babysitting or dog walking, sorting out a birthday present or charity contribution; we have all been in situations where asking for money is a hassle and delays in getting paid can cause awkwardness and resentment in groups, families and even among great friends. Beem It helps make those moments seamless, so we can enjoy our time together more and maintain our bonds,” Ms Clark said.

 

-ENDS-

 

 

About Beem It

The Beem It app provides instant and free P2P payments, processed direct to user bank accounts. The intuitive interface links to smartphone contacts allowing customers to send, request or split payments in a few taps, with no BSB, account details or PayID required.

 

Beem It is available to all Australians, regardless of who they bank with. Backed by three of Australia’s largest banks, users are supported by rigorous security, encryption, identity and fraud protection measures.

 

Users appreciate the simplicity and convenience of Beem It, which is the highest-ranked financial app in both iOS and Android app stores, with more than 4.5 stars. Users can also earn up to $100 cash direct to their bank accounts, by spreading the word to their friends. Beem It also recently released a printable QR code to make it easier for small businesses to accept Beem It payments.

 

The Beem It platform powers the growing feature set within the Beem It app experience and will also enable Beem It payment experiences to be embedded in other digital services to support future partnerships and services as part of Beem It’s vision to build an open Australian digital wallet.

 

Digital Wallet Pty Ltd (trading as Beem It) is a joint venture of National Australia Bank, Westpac and Commonwealth Bank.

 

For more information, please visit www.beemit.com.au.

 

Media Contact

Christine Kardashian

Launch Group

02 9492 1000 | 0416 005 703

christine@launchgroup.com.au

 

 

30 Oct

Tyro first Australian bank to integrate with Alipay

by launch-admin Oct 30, 2018 0 News



Tyro first Australian bank to integrate with Alipay

Reinforcing its strategy to accept all payment types in response to merchant needs

 

Sydney, Australia, 28 August 2018Tyro, Australia’s business-only bank, today announced it had entered an agreement with the world’s largest mobile and online payment platform, Alipay, to become the first Australian bank to offer a seamless, all-in-one EFTPOS solution with Alipay for Tyro’s merchants and improve Australian businesses’ access to the Chinese visitor market.

 

Tyro is currently working with several merchants to determine appropriate pilot sites for launch by the end of 2018. Tyro will offer Alipay to its other eligible 20,000+ businesses from second quarter 2019.

 

The Alipay integration continues Tyro’s strategy of enabling its merchants to accept all payment types, letting their customers choose the way they want to pay.

 

Operated by Alibaba Group’s affiliate Ant Financial, Alipay is the world’s leading mobile and online payment platform and is a must-have app in China. With over 870 million active users in China and overseas with its strategic partners, Alipay has evolved from a digital wallet to a lifestyle enabler and is the number one payment method in China.

 

In Australia and New Zealand, Alipay now partners with over 10,000 businesses, helping them capitalise on the lucrative and rapidly expanding Chinese visitor market. Tyro will be the first Australian bank offering all-in-one EFTPOS with integrated Alipay acceptance with its merchants.

 

Robbie Cooke, CEO of Tyro, said, “This is an exciting initiative for businesses in Australia, especially for those in the retail and hospitality sectors. It sees Tyro continue to challenge the status quo, being the first Australian bank to give its merchants the opportunity to seamlessly integrate with Alipay, enabling them to better serve Chinese tourists and giving customers more choice in how they want to pay.”

 

George Lawson, ANZ Country Manager at Alipay, said, “Banks are pivotal to Alipay’s expansion in Australia as it allows us to switch on our technology for thousands of merchants simultaneously through their existing payment terminals. Australian businesses have been calling out for their banks to partner with Alipay to improve their exposure to the rapidly expanding Chinese visitor market so it’s pleasing to see Tyro take the lead on this and give their merchants access to new customers and incremental revenues.”

 

In the year ending February 2018, almost 1.4 million Chinese tourists visited Australia, injecting AU$10.4 billion into the economy (in the year ending December 2017)[1]. This is predicted to rise to AU$13 billion by 2020[2]. Alipay is also hassle-free and easy to set up for any operator and provides merchants with additional marketing capabilities.

 

 Data from Nielsen has indicated that 65% of Chinese tourists use mobile payment platforms during their overseas travels, six times more than non-Chinese tourists (11%). In addition, over 90% of Chinese tourists would consider using Alipay when travelling abroad if Alipay were more widely accepted among foreign merchants. Moreover, over 90% of Chinese tourists indicated they would increase their spending if Alipay were an accepted payment method.

 

Tyro is further diversifying its offering and responding to merchant needs by introducing initiatives that attract more revenue to benefit their business. The Alipay integration is part of a wider scope from Tyro to offer alternative payments, as part of its existing award-winning EFTPOS and banking-specific products. As the only Australian bank completely dedicated to business banking, Tyro is at the forefront of banking and payment innovation and strongly supports its customers by designing innovative products and a better experience, so they can succeed.

 

-ENDS-

 

 

About Tyro

Tyro is an Australian Bank and operates under the supervision of the Australian Prudential Regulation Authority (APRA).

 

Tyro provides credit, debit and eftpos card acquiring, Medicare and private health fund claiming and rebating services, as well as an interest-bearing transaction and deposit account offering integration with Xero accounting software. Tyro takes money on deposit and offers unsecured cashflow-based lending to Tyro EFTPOS merchants.

 

Tyro currently serves more than 20,000 businesses with its own in-house, cloud-based mobile core banking platform.

 

For more information, visit tyro.com.

 

About Alipay

Operated by Ant Financial Services Group, Alipay is the world’s largest mobile and online payment platform. Launched in 2004, Alipay currently works with over 200 domestic financial institution partners. Over the years, Alipay has evolved from a digital wallet to a lifestyle enabler. Users can hail a taxi, book a hotel, buy movie tickets, pay utility bills, make appointments with doctors, or purchase wealth management products directly from within the app. In addition to online payments, Alipay is expanding to in-store offline payments both inside and outside of China. Alipay’s in-store payment service covers over 40 countries and regions across the world, and tax reimbursement via Alipay is supported in 29 countries and regions. Alipay works with over 250 overseas financial institutions and payment solution providers to enable cross-border payments for Chinese travelling overseas and overseas customers who purchase products from Chinese e-commerce sites. Alipay currently supports 27 currencies.

 

Media Contact

Christine Kardashian

Launch Group

02 9492 1000 | 0416 005 703

christine@launchgroup.com.au

30 Oct

CA ANZ partners with Fishburners to capitalise on disruption in the profession

by launch-admin Oct 30, 2018 0 News

CA ANZ partners with Fishburners to capitalise on disruption in the profession

Today Chartered Accountants Australia and New Zealand (CA ANZ) unveils its plan to align with leading innovation community Fishburners as part of its strategy to strengthen the accounting profession for the future. 

“Our Strategic Review, involving more than 100 member workshops, confirmed that the profession is changing rapidly, with much more diversity and disruption than experienced in the past. For the profession to remain at the forefront, it is vital we keep pace,” said Rick Ellis, CEO of CA ANZ.          

“Members, particularly in public practice, yearn for connections with new solutions, technologies and insights to be able to shape the services they offer.

“One source of this disruption is within innovation communities – they are evolving business models, creating new markets and driving operating efficiencies.”

CA Catalyst brings together Chartered Accountants from all segments, innovation communities Fishburners, Stone & Chalk and The Icehouse, and technology providers to create opportunities for mutually beneficial collaboration.

“This includes immersions within innovation communities, access to training, toolkits and guides for disruption-readiness, and exposure to practical solutions,” said Ellis.

“CA Catalyst is an opportunity for Chartered Accountants to get on the leading edge of the future of accounting, build personal and organisational capabilities, explore new markets and services, and leverage innovation to provide greater value for themselves, their clients and their communities.”

Fishburners is a well-established not-for-profit in Australia, nurturing high impact, scalable start-ups in a culture of shared ideas and experiences.

“This partnership and professional exchange offers fantastic learning opportunities for both organisations and will generate huge benefits to our startups as they prepare to expand,” said Pandora Shelley, CEO of Fishburners.

“Much of the conversation in the startup world is focused around securing a funding outcome. Yet, understanding when to take on external funding and how to apply that funding efficiently is equally important – with many of our most successful startups boot-strapping for a significant period in the early stages.”

“Fishburners is focused on supporting startups at every stage in their growth journey.  Helping them to start out strong, with a firm financial foundation is critical.”

“Many startups, particularly at early stage, don’t have the resources to take on a senior CFO who can provide this kind of advice.”

“Through this partnership, start-ups can have access to accounting and financial expertise, assisting them to make confident and accurate decisions about their growth.”

 

Media Contact

Fishburners: Sophie Hanson | Sophie@launchgroup.com.au | 0417927316

CA: Priya Kumar | +61 2 9080 5852 | +61 424 491 584 | Priya.Kumar@charteredaccountantsanz.com

 

About Fishburners:

Fishburners hosts Australia’s largest startup community – with 383 startups and 728 entrepreneurs across the Sydney, Brisbane and Shanghai working hubs. The growth continues, with Fishburners adding between 40 and 50 startups each month across Sydney and Brisbane.

Australia’s biggest funnel for startups, more than 1,800 entrepreneurs and 1,250 startup entities have been part of Fishburners’ operations since opening. High-profile alumni that were ‘born’ at Fishburners include successful startups such as Koala, GoCatch, graphic design marketplace DesignCrowd, Code Camp, Tinybeans, Madpaws, Jayride and Hyper Anna. Koala, Australia’s highest-rated mattress, raised $15m and generated $14m in revenue in its first year.

 

https://fishburners.org

 

About Chartered Accountants Australia and New Zealand

Chartered Accountants Australia and New Zealand is a professional body comprised of over 120,000 diverse, talented and financially astute members who utilise their skills every day to make a difference for businesses the world over.

Members are known for their professional integrity, principled judgment, financial discipline and a forward-looking approach to business which contributes to the prosperity of our nations.

 

www.charteredaccountantsanz.com

30 Oct

Australia’s largest startup community, Fishburners, doubles it’s Brisbane operation in second year

by launch-admin Oct 30, 2018 0 News


Australia’s largest startup community, Fishburners,

doubles it’s Brisbane operation in second year

 

Australia, 24 October 2018: Australia’s largest non-profit startup community, Fishburners, has doubled down on it’s Queensland presence, growing to a 205 desk operation within the two-year old Capital hub in Brisbane’s CBD.

The growth follows a successful two-year partnership with the City of Brisbane and a steady increase in the demand for desks within Fishburners’ Brisbane and Sydney operations. Through the City of Brisbane, Fishburners are in the process of launching two new accelerator programs, including a Launchpad for startups looking to scale to Asia.

Fishburners hosts Australia’s largest startup community – with 383 startups and 728 entrepreneurs across the Sydney, Brisbane and Shanghai working hubs. The successful startup funnel has mentored and grown currently more than 1,800 entrepreneurs and 1,250 startup entities since opening.

Fishburner’s CEO Pandora Shelley said, Fishburners is a community which helps foster and grow startup businesses, offering much more than desk space.

“We’re on a mission to help inspire tech startups to take their first step and to support each stage of their growth journey.  This year, Fishburners is itself scaling up, with demand for our services seeing unprecedented growth over the past year,” said Ms Shelley.

“There is enormous entrepreneurial energy coming out of Queensland at this time and the Capital is a vibrant and visionary initiative which has really helped fuel local startup growth. We are thrilled to take our partnership with City of Brisbane to the next level with this expansion.”

Brisbane City Council’s Lord Mayor Graham Quirk said he is excited to watch the growth continue as Brisbane transforms into a national innovative hot spot.

“Brisbane is transforming into a business and innovation hub, with our attractive lifestyle offering, links to overseas markets and great employment opportunities, [we are] luring start-up’s to build a global business in our own backyard,” said Cr Quirk.

Fishburners is a family of entrepreneurs who are committed to collaborating and building something big. Members are supported in their endeavors with perks, probonos, mentoring, events and programs etc.

Community is the foundation for Fishburners and to become a member or “Burner” is a special thing. All members must agree to Fishburners’ values of collaboration, brilliance and community, namely: “We give back whenever we can”. It is a proud, inclusive and discrimination-free space.

Fishburners’ startups create products in a broad range of categories, here are the top 5:

1.    B2B (36%)

2.    SaaS (29%)

3.    iOS app (28%)

4.    Android app (23%)

5.    Marketing (23%)

Originally located in Ultimo, within four years Fishburners went from one floor to taking up the whole building. A new chapter for Fishburners Sydney, began in 2018 in the new coworking space within the Sydney Startup Hub, which has set a new standard for startup spaces in Australia.

High-profile alumni that were ‘born’ at Fishburners include successful startups such as Koala, GoCatch, graphic design marketplace DesignCrowd, Code Camp, Tinybeans, Madpaws, Jayride and Hyper Anna. Koala, Australia’s highest-rated mattress, raised $15m and generated $14m in revenue in its first year.

All up, Fishburners has provided a community space and startup resources for over 100,000 people with support from category-leading partners including Google for Entrepreneurs, UTS and Optus and government partners such as Jobs for NSW and Brisbane Marketing.


– ENDS –


Fishburners PR Contact:

Sophie Hanson | sophie@launchgroup.com.au | 0417927316

 

 

30 Oct

Don’t let Sugar Spook You (or your kids) this Halloween

by launch-admin Oct 30, 2018 0 News



Don’t let Sugar Spook You (or your kids) this Halloween

5 Halloween Hacks to reduce your child’s sugar intake

 

The only thing scarier than a haunted house on Halloween, is the the sugar overload from your little trick-or-treater loading up on sweet treats. Add this to the school activities, spooky parties, door knocking, and your child is in for one ghoulishly sugar-laden holiday!

 

According to the World Health Organisation (WHO), children between the ages of 2-18 should be consuming no more that six teaspoons of added sugar per day. On average, Australian kids are currently having consuming around 18 teaspoons a day – that’s more than three times the recommended intake, and that’s on an normal day!

 

As a parent, you’ll know Halloween doesn’t just last a day – the hoard of sweet food and beverages are excessively consumed in the following days, weeks and even months. When popular treats such as Skittles and M&Ms each contain 30g of sugar per serve, exceeding the daily recommended sugar intake for children in one hit, the effects of Halloween can cast a dark shadow for quite some time!

 

Reducing sugar intake doesn’t have to mean less fun, or even saying ‘R.I.P’ to delicious treats. Here’s 5 Halloween Hacks to help us all make smarter choices this holiday:



1. Play With Size: Swap large bags for small

Your child’s capacity to receive treats is dependent on how much they can carry. Minimising space for candy will subsequently prevent them from bringing excessive amounts home, while still achieving a full bag of goodies to show friends and family. Smaller bags can seem underwhelming, especially when compared to the variety of buckets and carry bags out here. Turn this swap into something interactive and personal by creating your own trick-or-treat bags that will instantly boost your child’s imagination in the celebration of all things spooky.

 

2. Strategically Plan Dinner: Swap an empty stomach for a full one

Trick-or-treating in a deep state of hunger is a HUGE mistake. Be sure to enjoy a fulfilling and nutritious dinner before knocking on doors for dessert. If you can try and incorporate apple cider vinegar into your little one’s dinner as it’s scientifically proven as the key ingredient in dampening those sugar cravings.

 

3. Look for Naturally Sugar Free alternatives: Swap artificial for natural

Double D’s range of delicious lollies are naturally coloured and flavoured, and most importantly, they’re made with natural stevia instead of sugar, making them perfect for dropping into the cauldrons of trick-or-treaters this Halloween. If it’s sweet potions you’re after, Nexba’s range of sugar-free soft drinks and flavoured waters with nothing artificial, are the perfect replacement for all those sugary soft drink cravings. Flavoured with all-natural colours and flavours, and sweetened with stevia, not even your little magician will spot the switch! With flavours like cola, pineapple, and lemon these are always a hit.


4. Appeal to the inner Entrepreneur: Swap candy for dollars

Unleash your child’s inner business mogul by bartering the sweets for pocket money. Not only will this motivate your child to trick-or-treat to their fullest, the prize at the end is far greater than a pile of chocolates. Buying back can also develop your child’s sense of responsibility and trade! If cash is not the preferred currency of trade, consider offering special events or activities instead such as a visit to the cinema or the local zoo.

 

5. What Candy?: Swap candy for toys

If you’re looking to go that extra mile and stay away from sweet treats altogether, replacing candy with fun toys like glow sticks and bubble blowers that will ensure that your children won’t fly off the (broom) handle. Not only will this reduce the sugar composition in the trick-or-treat bags, it’s also a great source of variety!

 

30 Oct

NEW First-of-its-kind Probiotic Water: Australian gut health innovation that actually reaches your gut

by launch-admin Oct 30, 2018 0 News


NEW First-of-its-kind Probiotic Water:
Australian gut health innovation that actually reaches your gut

 

5 Things You NEED to Know about Nexba Probiotix:

1.     A probiotic water that survives the journey to your gut so you can reap the full health benefits

2.     Supports a stronger immune system and better digestion

3.     Naturally Sugar Free (No sugar, nothing artificial), lactose free, GMO free, BPA free and vegan friendly

4.     Made with over a billion probiotics

5.     Available at Chemist Warehouse


A Closer Look

Australia’s leading Naturally Sugar Free brand, Nexba, is launching a range of probiotic waters to deliver the very best in gut health but with no hidden nasties – added sugar, artificial sweeteners, flavours, colours or preservatives – the whole shebang.

 

Nexba probiotic water drink uses a unique strain of smart & robust probiotic specifically designed to survive the treacherous pH conditions of your stomach and actually reach the gut, so you can enjoy all its nourishing benefits and maintain a healthy balance of good bacteria. Probiotics have been proven to boost immunity, lower cholesterol and reduce symptoms of eczema.

 

Evidence shows the most common form of probiotic on the market, Lactobacillus, is destroyed by gastric acid before it has a chance to germinate and restore your gut bacteria to optimal levels. Nexba Probiotix enjoys a probiotic that is encased in a protective outer shell which enables it to reach where it’s needed to make a visible health difference. These babies are invincible.

 

The gut is closely connected to the brain – surprising, we know – and studies have shown that an imbalance of bacteria is associated with Parkinson’s disease, Alzheimer’s disease and even schizophrenia. Bad bacteria in the gut also produces the chemical responsible for weak blood vessels in your brain, which can cause strokes and seizures, a condition affecting every 1 in 100 people today. In fact, 80% of your immune system is located in the digestive tract! Probiotics are so integral to the delicate balancing act of maintaining gut health because each of the 1000 species of bacteria play an integral role in your overall well-being. Your body is made up of around 40 trillion bacterial cells and only 30 trillion of human cells – so don’t ignore your gut health!

 

As with all Nexba products the Probiotic Water range features Nexba’s proprietary Natural Sweetener blend of erythritol – epic tasting natural sugar produced by fermentation of fruits and vegetables  – and stevia. This is combined with purified water, natural flavours and A LOT of the star of the show, the probiotic Bacillus Coagulans – billions to be exact – to deliver the ultimate probiotic water.

 

The Nexba Probiotix range will be available in Mango, Citrus and Watermelon & Strawberry flavours.