It’s Wednesday! Here’s what you need to know in Australian tech today.
1. Massive outage. NAB’s online payments platform NAB Transact has been wobbly and it’s causing some huge headaches for the small business customers who use it. Full story is here.
2. The Bloodhound SSC just passed a major milestone in its attempt the smash the 1000 mph mark. The British attempt to smash the land speed record of 763.035 mph is in full swing and you can read all about it in an epically detailed post from Peter Farquhar, here.
3. Across the ditch. With Australia still trying to figure out what our equity crowdfunding system will look like, New Zealand has already opened the funding method up to retail investors. Here’s what us Aussies can learn from their experience.
4. Health tech. Global Kinetics Corporation has raised $14.8 million to launch its Parkinson’s treatment solution, which looks like an Apple Watch, in the US. The company used Israeli crowdfunding platform OurCrowd to raise $1.5 million of the round. There’s more here.
5. More on-demand. Tradie booking platform Hipages has raised another $6 million and wants to start offering on-demand services. The latest round was filled by Ellerston Capital – the fund set up by the Packer family – as well as Right Click Capital, Australian Ethical Investments and Kestrel Capital.
Have an awesome day! I’m on Twitter.
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