Freelancer makes payment play with Escrow.com buy
Australian online freelancing marketplace Freelancer is moving to corner the online payments market, striking a deal to acquire online escrow service provider Escrow.com for $7.5 million.
Latest from Leon Spencer
Increased investment drives Xero NZ$69.5m net loss
Increased investment in product development has contributed to an annual net loss after tax of NZ$69.5 million for New Zealand cloud accounting software provider Xero, despite an 81 percent jump in subscription revenue during the financial year.
Neopost takes $50m majority stake in Australia's Temando
European mail solutions giant Neopost has taken a majority stake in Australian logistics software startup Temando after coughing up $50 million for a Series B investment round in the company.
Too early to make tax changes for bitcoin in Australia: Treasury
It is too early into bitcoin's development in Australia to make changes to the tax laws around the cryptocurrency, according to the Australian Treasury Department.
Online innovation drives Target internet sales
Wesfarmers has said that innovation in Target's online business has led to a 40 percent increase in its retail subsidiary's internet sales for the six months ending December 2014.
Oneflare boosts user numbers with WOMO acquisition
Australian online local services platform operator Oneflare Group estimates that it will now see over 1 million unique visitors each month, following its acquisition of online customer review website WOMO.
Australian POS startup Kounta launches in the US
Australian e-commerce startup Kounta is making its move into the North American business software market, with the launch of its point-of-sale platform in the United States.
CoinJar pegs bitcoin to standard currencies
Australia's CoinJar has introduced a Hedged Accounts offering that pegs bitcoin to standard currencies such as the US dollar and pound sterling.
Subscription move boosts Reckon profit
Australian online accounting and legal software player Reckon has seen an 18 percent increase in cash flow for the year ending 2014, with the company attributing part of the boost to its new subscription model.
Bigcommerce bolsters IPO prospects with advisory board addition
Australian e-commerce tech startup Bigcommerce has bolstered its advisory board with the addition of Nasuni COO and CFO Scott Dussault, who helped lead cloud commerce provider Demandware to a successful IPO in 2012.