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Industry insider news for Australia's technology resellers

Financing news stories

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Remote Working
Organisations changing the way they fund technology
Having the right technology has become mission-critical for organisations of all sizes in the digital economy.
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Prospa
Demand for business financing grows as businesses restock
Australian small businesses, much like businesses everywhere else in the world, have been struggling since the beginning of the pandemic.
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Mambu
Half of A/NZ SMEs unable to secure adequate funding - report
"While many large businesses managed to thrive throughout the pandemic thanks to various government supports and incentives, SMEs have had it much tougher."
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Fintech
eCommerce financing platform Wayflyer hits 'unicorn' status after $150m funding round
An Ireland-based financing platform is gearing up for expansion into markets including Asia, the United States, and Europe.
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Fintech
Ireland fintech firm Wayflyer eyes up Aussie eCommerce market boom
The company points to research from GlobalData, which pegs Australia’s eCommerce market to be worth US$70 billion (AU$100 billion) by 2025.
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Customer experience
WSO2 announces $90m funding will be used to drive global expansion
WSO2 has announced that the company has closed $90 million in financing from client vehicles, advised by Goldman Sachs Asset Management Private Credit.
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Cryptocurrency
Swarm Markets and Yoti make crypto more accessible
"People are looking for safe ways to make their money work for them and blockchain products like yield farming can earn them double digit returns.”
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Financing
Finance leaders must shift their focus to data, report finds
“The Resurgent Finance Leader report from Board shows finance leaders worldwide know now is the time for the office of finance to make the transformational leap to become the strategic hub for driving more value from their data."
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Cybersecurity
ThreatQuotient hits $22.5m in new financing, continues growth streak
“Since we first invested in ThreatQuotient in 2017, their team has continued to prove to the market that there is a critical need for cybersecurity solutions aimed at security operations."
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Financing
How to achieve technology-fuelled growth with finance
“Cash flow is your business’ blood and like a doctor, you need to know the health of the patient before you operate.
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Financing
Sisense appoints new CFO Adam Towns
AI and analytics firm Sisense has welcomed former Mimecast SVP of finance Adam Towns as its new chief financial officer.
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Financing
Introducing the Finance Futurists
Sage, a leader in cloud business management solutions, has announced the inaugural list of Finance Futurists, a group of ‘the most visionary finance professionals across the globe’. 
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Financing
Oracle launches supply chain finance solution, supports enterprises in time of need
"With Oracle Banking Supply Chain's fully digitised processing and real-time analytics, banks can help corporates further optimise working capital and liquidity in their supply chains."
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Public Cloud
Video: Business unusual with Ingram Micro NZ
Leaders from NZ's biggest distributor offer resellers and MSPs advice on how to move forward in a post-COVID-19 world, and explains how Ingram can help.
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Dell
COVID-19: Dell announces partner support package
Offers a range of financial support options for partners who may be facing revenue and cash flow issues in the face of the pandemic.
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Cloud
Samsung and Finder launch Aussie first with new credit card search feature
Samsung Electronics Australia and Finder have launched Promoted Cards, a new credit card shopping feature for Samsung Pay which provides Australians with different credit card offers from participating financial institutions.
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Amazon Web Services / AWS
Sourced Group reaches fifth APN milestone in 12 months
Sourced Group has officially achieved the AWS Financial Services Competency, recognising the company’s success in helping financial institutions adopt cloud at scale.
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Cloud
Finance execs struggle with lack of real-time data, says Workday
A new report from Workday suggests that large enterprises are increasingly looking to move their finance systems to the cloud.
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Compliance
Top three ways to improve financial compliance for your business
“Companies can mitigate risk of fraud by creating a strong compliance culture, and by implementing and enforcing strong policies around spend management.”
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Financing
Synnex adds automated finance capabilities to partner portal
Dubbed ‘Managed Services Finance’, the new offering has been fully integrated into the Synnex Ecommerce Partner Portal.
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Cisco
Challenges in financing, talent retention shaping SMBs in 2018
An IDC report revealed that reducing costs, gaining operational efficiency, and improving productivity are the top business priorities for SMBs.
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Cloud
DNA looks to flexible financing to drive digital transformation deals
DNA Connect’s new financing offer – designed to help channel partners accelerate customer DX strategies – has helped finance $6m in three months.
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SaaS
New funding model set to revolutionise Australia’s SaaS market
Multipli will finance subscription customers for the life of their contract, paying SaaS companies upfront.
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Financing
Digital Realty reports slight revenue drop in Q1 2017
Digital Realty’s first-quarter yearly revenue dropped 5% to $551 million this year, but the company says it’s in good shape.