Connect with us

Venture Capital

Australian FinTech company profile #99 – Worksorted

WorksortedEstablished in 2009, Worksorted provides faster and easier ways for advice professionals to manage their business.

Avatar

Published

on

1. Company Name: Worksorted

2. Website: https://about.worksorted.com

3. Key Staff & Titles:

Daniel Fitzgerald (Founder)

Simon Betchley (CEO)

Jarrad Gray (BDM)

4. Location(s)
Adelaide, South Australia

5. In one sentence, what does your fintech do?
Worksorted provides faster and easier ways for advice professionals to manage their business.

6. Why did you start your fintech company?
Worksorted was established in 2009. We developed Worksorted with the belief that good financial services businesses have got the rough end of the stick of complex regulations; they do not have the right tools causing them to run inefficiently and to worry. Worksorted helps financial services businesses run better and allows you and your team to sleep better at night.

7. What is the best thing your company has achieved or learnt along the way (this can include awards, capital raising etc)?
After 10 years in the industry, we are proud to say that majority of our original clients remain to this day. Our retention rate is well over 90% and our NPS score has been consistently positive throughout the years. Our biggest achievement to date is the countless number of advice businesses we have seen benefit from implementing Worksorted. When we speak with clients who tell us how much more efficient and streamlined their processes have become since joining us, it reminds us of why we entered the FinTech game in the first place and assures us we are on the right track. Our clients are our biggest achievement.

8. What’s some advice you would give to an aspiring start-up?
Focus on delivering truly valuable outcomes for your clients. Double down on your strengths and do what you do well. You do not need to be everything to everybody.

9. What’s next for your company? And are you looking to expand overseas or stay focussed on Australia?

One of our major focuses is integration and connectivity with best of breed technologies that significantly enhance business processes through the advice industry. We plan on continuing conversations with providers that are leading the way in this space and are genuinely keen to provide further efficiencies and an all-around great experience for their clients by integrating the tools they use daily.

Worksorted currently serves the Australian and New Zealand advice industry at both a licensee and practice level where we are known as the number #1 practice management solution on the market.

10. What other finTechs or companies do you admire?

At Worksorted, we admire tech companies that manage to grow on scale and still deliver a fantastic user experience both through software functionality and support services. Like Worksorted, we hold a level of admiration for Independent providers who service their clients as opposed to shareholders which is evident is every aspect of a technology business.

11. What’s the most interesting or funniest moment that’s happened in your company’s lifetime?

We recently promoted a Chief Fun Officer who is responsible for ensuring every day at the Worksorted office is enjoyable for all. One day after the appointment of our Chief Fun Office, the world was hit by a global pandemic which immediately sabotaged grand plans of mini-golf, lawn bowls and lunchtime frisbee. We blame the pandemic on our Chief Fun Officer now.

Source: https://australianfintech.com.au/australian-fintech-company-profile-99-worksorted/

Venture Capital

Facebook’s Oversight Board for Content Won’t Play Role in November Election

Avatar

Published

on

After significant delays, the independent group Facebook created to officiate disputes about content posted by its users is ready to start hearing cases. But the group, called the Oversight Board, is launching too late to meaningfully evaluate controversial posts related to the U.S. elections on Nov. 3.

And while Facebook is giving considerable power to the entity in certain cases, the board will have a limited scope of authority to start—a far cry from CEO Mark Zuckerberg’s initial vision of creating a kind of Supreme Court to arbitrate the most contentious situations. Facebook still has wide discretion to determine which cases the board could hear, including for content that Facebook chooses not to remove. Users initially only have the ability to appeal decisions involving content that Facebook’s own moderators have already removed.

Source: https://www.theinformation.com/articles/facebooks-oversight-board-for-content-wont-play-role-in-november-election

Continue Reading

Private Equity

Venture Capital: T-Mobile Ventures Launches To Fund 5G Startups

T-Mobile Ventures is a venture capital fund floated by T-Mobile (NASDAQ: TMUS) to focus on early-to-mid stage startups using 5G technology for developing core technologies, products, and services around the areas of edge computing, future of work, security, and industrial IoT.

Avatar

Published

on

Venture Capital: T-Mobile Ventures Launches To Fund 5G Startups

https://www.platodata.net/wp-content/uploads/2020/10/venture-capital-t-mobile-ventures-launches-to-fund-5g-startups.jpg

The fund will invest in early and emerging growth companies developing transformative 5G products and services.

T-Mobile Ventures is a venture capital fund floated by T-Mobile (NASDAQ: TMUS) to focus on early-to-mid stage startups using 5G technology for developing core technologies, products, and services around the areas of edge computing, future of work, security, and industrial IoT.

T-Mobile 5G

T-Mobile’s is the first and only Standalone 5G network with a multi-band 5G strategy. The company is therefore looking for entrepreneurs developing the “next big thing” in 5G that can leverage its network and technology.

According to Barron’s, T-Mobile (TMUS) CEO Mike Sievert said at the Goldman Sachs Communacopia conference last month that the recently completed acquisition of Sprint would unleash spectrum benefits and efficiencies of scale for his company.

He also went on to give the message that the company was building the best 5G network ever. He said the competition would, effectively, be left in the dust.

He said that the 5G “experience is markedly different from what’s out there on 4G LTE today, with eight to 10 times the speed going to be available for customers with 5G phones this year.”

“That’s our opportunity in the 5G era,” he added. “We’re way out in front.”

T-Mobile is now the second-largest wireless provider in the U.S. and has 98.3 million customers including Sprint.

The venture fund

With the specific brief to fuel 5G innovation, T-Mobile Ventures will make multi-year investments in promising startups focussed on this wireless technology.

Founders will receive T-Mobile’s network and engineering expertise, go-to-market infrastructure, and investment backing.

T-Mobile Ventures has roped in corporate venture capital firm Touchdown Ventures to help manage the fund.

T-Mobile collaborates with universities and standards bodies for 5G research and development and runs the T-Mobile Accelerator. It is the co-founder of the 5G Open Innovation Lab.

“With our 5G network at the foundation, we see massive opportunity across both business and consumer segments, and we’re excited to help fuel the wave of 5G applications coming to market in the years ahead,” said Jason Young, Senior Vice President of Partnerships and T-Mobile Ventures.

“Compelling 5G use cases span the range of spectrum bands from low, mid to high, and only TMobile has these assets giving it a 5G network that can support all use cases across every industry,” said Neville Ray, President of Technology at T-Mobile. “Now is the time for the developers, entrepreneurs, and creators to make the magic happen with products and services that will unleash the potential of our 5G network.”

Related Story: Apple Invites Applications From Black Founders and Developers For Its Entrepreneur Camp

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

Shape

Latest Alternative Investment News

Source: https://dailyalts.com/venture-capital-t-mobile-ventures-launches-to-fund-5g-startups/

Continue Reading

Venture Capital

This Year’s Biggest Tech Stock Winners

Avatar

Published

on

This has been a tumultuous year for tech stocks, which as a sector have lifted the overall market’s recovery from the pandemic swoon in March. The tech stocks that have gained the most haven’t been the big companies such as Amazon, but the smaller ones in the niche businesses that are benefiting the most from the pandemic—most obviously Zoom Video, which is up a stunning 689% since the start of the year.

The list, shown in the above chart, also includes Fiverr, which connects freelancers with businesses. Fiverr is up 653%, according to FactSet. Fastly, which sells cloud-based software that speeds the loading of video and image content, is up 315%. The stock of Cloudflare, which is in a similar field, is up 234%. Most of the firms on the list offer cloud-based enterprise software, products that have gained appeal  as work has largely shifted online during the pandemic.

Source: https://www.theinformation.com/articles/this-years-biggest-tech-stock-winners

Continue Reading
Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Press Releases3 hours ago

Adams Resources & Energy, Inc. Completes Acquisition Of VEX Pipeline And Related Pipeline Terminal Facilities

Press Releases3 hours ago

Gerber Technology Redefines Mass Production with Launch of Revolutionary, Next-Generation Cutting Room

Press Releases3 hours ago

Con Edison Declares Common Stock Dividend

Press Releases3 hours ago

Melwood Names Larysa Kautz as President & CEO

Press Releases3 hours ago

Richmond Mutual Bancorporation, Inc. Announces Third Quarter 2020 Financial Results

Saas3 hours ago

SaaStr Podcast #388 with Okta CMO Ryan Carlson

Press Releases4 hours ago

CMG Financial’s Pete Castillejos to Be Installed as President of the Mortgage Bankers Association of Hawaii in 2021

Press Releases4 hours ago

The Business Owner’s Mortality and Post-COVID Funeral Response by Estate Trustee and Executor is Addressed in Newly Released Section of Jack Veale’s Sudden Death Checklist

Press Releases4 hours ago

Timeshare Users Group Tops 103,000 Registered Owners on Free Online Forums!

Press Releases4 hours ago

The BS Game Company Announces Launch Of Billionaires Money Board Game

Press Releases4 hours ago

Revolt Announces Compelling New Social Justice Documentary ‘From Pain to Power: A Revolt Special’ to Premiere on Monday, October 26th

Press Releases5 hours ago

UNA Austin to Host 75th United Nations Anniversary Celebration

Press Releases5 hours ago

Digital Diagnostics Changing the Landscape of Health Care With Autonomous AI-Based Diagnosis Technologies, With Help From Partners at 5th Element

Press Releases6 hours ago

McKinney Furnace Installation Company Urges Public to Get Heating System Checked In Preparation for Winter

Private Equity6 hours ago

iAngels Israeli Deal Digest – September 2020

Startup6 hours ago

Former Chief Science Officer for Pfizer: Coronavirus “pandemic is over” and “there is no science to suggest a second wave should happen.” It’s faked on false-positive COVID-19 tests

Private Equity6 hours ago

Target Mobility GmbH – HRB 195781 B – 31122022B

Saas6 hours ago

Saas6 hours ago

Saas6 hours ago

Saas6 hours ago

Saas6 hours ago

Saas6 hours ago

Saas6 hours ago

Saas6 hours ago

Saas6 hours ago

Saas6 hours ago

Press Releases6 hours ago

Building a More Diverse, Equitable and Inclusive New Generation of Veterinarians

Press Releases6 hours ago

PressRelease.com is Working With CEOs, Business Leaders to Increase Customer Engagement Initiatives

Press Releases6 hours ago

Cummings Graduate Institute for Behavioral Health Studies VA Education Benefits Eligible

Trending