Accelerator Stone & Chalk is merging with AustCyber. The transaction takes the form of an acquisition of AustCyber.
Investment in Australia’s fintech sector has accelerated in the first half of 2020, reaching US$376.5 million, a more than 150% increase from US$149.05 million in the corresponding period in 2019, with the growth coming despite a decline in merger activity, according to a new fintech report.
The Australian Competition and Consumer Commission (ACCC) has decided not to appeal a Federal Court decision that the proposed merger between TPG Telecom and Vodafone Hutchison Australia would not substantially lessen competition.
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Nice article. Thanks for reporting on this.
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