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Big bank-backed Data Republic collapses after failed funding round Share Big bank-backed local data sharing start-up Data Republic has collapsed, with its 60 staff likely to be its largest creditor. The business, which was founded in 2014 by Danny Gilligan and Paul McCarney, has a register of big-name investors including ANZ Bank, NAB Ventures, Reinventure and Singtel Innov8. Danny Gilligan’s Data Republic has been placed in voluntary administration.  The firm created digital infrastructure that lets companies exchange data safely and securely, when wanting to share insights on their custo...

Want to make an offer and avoid the agent? Share ANZ, the third-largest home lender, has boosted its investment in residential and commercial proptech to almost $200 million with the launch after a 10-month incubation of Propps, a service that installs a “make an offer now” button directly on real estate agents’ websites. The bank will retain a minority stake in the service that aims to help agents receive and assess legally binding offers for a property online and, in a time of increasing off-market sales, could let agents conduct virtual boardroom auctions. Make an offer – online: P...

No upside in owning a neobank, ANZ Bank tech boss says We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement ANZ Bank’s technology chief Gerard Florian has hosed down the immediate prospects of the lender buying a neobank to improve its digital offering, saying it will lean on partnerships instead of acquisitions to keep pace with its big four rivals. Analysts have put the spotlight on ANZ’s response to fintech disrupters, after rival moves including National Australia Bank’s purchase of neobank 86 400, West...