Oz Startup News – Wednesday, 19 December 2018


Today (Wednesday) is the final edition of Startup Soda2018. We will be back on the 7th of January 2019 with our regular daily emails.

Thanks for your support during the year and I hope you all enjoy the Christmas/New Year break.

Movepal: Aussie tech startup launches Uber like App for moving


We may not realize it, but moving has become a national pastime. According to the latest Australian Bureau of Statistics Census results, nearly half the Australian population has moved house in the past five years, with one in six people moving in the last 12 months.

Looking to take advantage of this is Movepal an App developed to connect potential movers instantly with reliable, professional, and fully insured movers.


By Startup Soda News

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Digital bank Xinja secures restricted authorized deposit-taking institution licence

As it gears up for a second equity crowdfunding campaign in January, digital bank Xinja has today received a restricted banking licence from the Australian Prudential Regulation Authority (APRA).
With the license in hand, Xinja is now calling itself Xinja Bank, and more importantly, can now hold up to $2 million in deposits of less than $250,000 each.
Xinja is the second digital bank to be licensed as a restricted authorized deposit-taking institution (ADI) after volt bank received its licence in May.


By Gina Baldassarre from Startup Daily

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An Australian investment strategist focusing on cannabis says the sector’s biggest player isn’t even on the scene yet


Investment strategist Mark Bernberg, who’s launched an investment consultancy for the cannabis industry, believes that Australia could legalize the drug for recreational use within five years and that the company that will ultimately become the Amazon of cannabis doesn’t exist yet.
Bernberg also believes that if the US legalizes recreational cannabis, Australia will have no choice but to follow, and compares the medicinal cannabis sector’s impact on recreational use to the flow-on effect from Formula 1 to motoring in general.

By Simon Thomsen from Business Insider

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Fanplus, a new athlete marketplace where fans can buy experiences, has brokered an international deal with the Dallas Mavericks NBA team.
A first of its kind in Australia, FAN+ is a centralised marketplace that connects fans with their favourite sporting clubs, athletes and personalities through amazing experiences with proceeds supporting charity and community organisations.


By Ministry of Sport

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EML taps into Millennial fin-techs with new payment programs

Hot off the heels of a tie-up with Apple Pay, EML Payments (ASX: EML) aims to be ahead of the curve after securing new payments programs with four Australian fin-tech groups that bank on rising behavioural trends amongst Millennials and Generation Z.
EML Payments CEO Tom Cregan (pictured) says his company’s product innovation, processing tech and Mastercard issuing license have positioned it well to power the home-grown brands WildCard, Qpay, DiviPay and ImpactPay.

By Business News Australia

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New service launches to help Aussie businesses sell and deliver products into China


While the internet has levelled the playing field for many Australian start ups and small businesses seeking to export overseas, China has proven a difficult market to access.   Borders are tightly controlled and it can be a lengthy process to obtain the necessary approvals to sell into China.
AMS eGroup is about to change all of this. They have just received approval from the Chinese Customs  to ship products directly into China to Chinese consumers using their innovative China Inbound Ecommerce Solution

By Startup Soda News

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Movepal logo


Fan Plus logo

Fan Plus