It’s Tuesday. Here’s what you need to know in Australian tech today.
1. Freelancer is in a trading halt as it considers a potential capital raising. Shares in the crowdsourcing marketplace have been going nuts recently after it announced some strong results last week. An announcement on the raise is expected before start of trade on Wednesday. More here.
2. Westpac just led a $5 million investment in coffee ordering app Beat The Q. The bank’s Reinventure fund and VC firm Exto will join the startup’s angel investors Maitai founder Bill Tai, Yahoo CFO Ken Goldman and Google Maps co-founder Lars Rasmussen. The latest round of funding will be used to develop new products like beacon enabled table services. Full story is here.
3. The UK’s fintech sector is regarded as one of the strongest in the world. A bunch of startups have packed up and relocated to take advantage of favourable funding conditions and government support. But a number of people entrenched in the sector have started to filter into Australia. The latest, UK-based fintech company TruRating which is set to launch Down Under next year. Full story is here.
4. The NSW government is launching a data analytics centre which will spread across every agency. Minister for Innovation and Better Regulation Victor Dominello recognised that: “Data is one of the greatest assets held by government, but when it’s buried away in bureaucracy it is of little value.” He hopes the insights gained will help tackle crime, health issues and address housing affordability.
5. Everyone wants NASA to send its Mars rover back for another look at this “giant space crab alien”. The photo of the “rock formation” is intriguing. You can see the whole lot here.
Have an awesome day! I’m on Twitter.