Top 20 investors in North Africa and the Middle East that took part in the most funding rounds in Civil Engineering industry over the recent years
07 Sep, 2021
For the Australia and Oceania region countries, the Banking industry seems to show rather positive improvements and, following the global trend, new technologies emerging on the market. In Australia alone, EY reports, the cash earnings of the four central banks increased by 62%, reaching $13.8B by the first half of 2021. The abovementioned modern approaches in the field also enlarge their impact. For example, 20.6% of Australians visited branches in 2019 compared to 45% in 2018. At the same time, a 45% share of the population was already utilizing mobile banking services back in 2019.
Startups in the sphere of Banking are successfully focusing on improving various aspects of the industry, from cash and credit transactions to transaction processing and debit cards operations. Out of about 460 seed rounds held in Australia and Oceania over the last 5 years, 11 rounds (2.4%) were performed in this very field. 6 VCs and corporate investors stand out by their activity and the number of rounds they took part in. In descending order, they can be depicted as follows:
Overall, the most active investors in Australia and Oceania’s Banking sphere tend to invest in Finance, Information Services, EdTech, and Security fields. Most of them come from the Australian cities of Sydney and Melbourne; some are located in Auckland, New Zealand. Usually, the listed VCs invest less than 100 thousand per round 2 times a year; in some cases, they participate 2-6 times yearly and propose 5-10 million dollars per round.