Company Research Report: 1835i
Company Overview
Name
1835i
Mission
1835i is committed to building and investing in businesses that are transforming financial services and beyond, with the goal of shaping a world where people and communities thrive.
Founded
1835i draws its name from ANZ’s heritage of innovation, with the '1835' denoting the inception year of the Bank of Australasia established under Royal Charter in London, and the 'i' representing investing in innovation.
Key People
- Justin Greenstein - Chief Executive Officer
- Katarina Mostarac - Chief Operating Officer
- Nicole Anderson - Venture Partner (first international appointment)
- David Rowe - Head of Ventures
- David Le - Head of New Propositions: Fintech & Ecosystem Partnerships
- Nadia Jefferys - Chief People Officer
- Olly Rees - Advisor
- Tom Hersz - Principal Non-Bank Governance
Headquarters
No information is available
Number of Employees
No information is available
Revenue
No information is available
Known For
1835i is known for its role as ANZ Bank’s external innovation partner, investing and partnering with fintechs focussed on homeowners, small and medium-sized businesses, trade and capital flows, and transforming businesses through data, analytics, and digital technologies.
Products
1835i partners with several innovative companies to develop and launch new products in financial services. Some key portfolio companies include:
Aider
- Description: AI-based business intelligence platform for SMBs and their advisors.
- Key Features: Provides data-driven insights and business intelligence tools.
Airwallex
- Description: Global financial infrastructure and applications to empower businesses to operate across borders.
- Key Features: Supports international business operations with financial solutions.
Bud
- Description: Platform used by global banks to harness the power of open banking.
- Key Features: Utilizes open banking technology for data aggregation and analysis.
Cashrewards
- Description: Australia’s leading cashback community.
- Key Features: Offers cashback rewards for shopping.
Curve
- Description: Financial super app combining all cards into one with additional rewards, insights, and control.
- Key Features: Consolidates multiple cards into a single smart card.
DataCo
- Description: Collaboration platform addressing how organizations safely connect on customer data.
- Key Features: Enhances data sharing and security for organizations.
DataMesh
- Description: Revolutionizing payment systems available to banks, acquirers, and merchants globally.
- Key Features: Offers advanced payment processing solutions.
Lendi
- Description: Australia’s leading online home loan platform.
- Key Features: Simplifies the home loan application and approval process.
Slyp
- Description: Interactive smart receipts technology integrated with banking.
- Key Features: Provides digital receipts linked to banking platforms.
Valiant Finance
- Description: Award-winning business loan marketplace.
- Key Features: Connects businesses with multiple loan options.
Weel
- Description: All-in-one virtual business card and expense management platform.
- Key Features: Manages business expenses digitally.
Recent Developments
New Appointments
- April 5, 2023: Nicole Anderson was appointed as the new Venture Partner, the first international appointment for 1835i, based out of London. She will focus on driving conversations and connections across the UK, EMEA, and Israel.
New Investments and Acquisitions
- February 22, 2023: DataMesh joined the 1835i portfolio, completing a successful $30 million Series A round. DataMesh provides groundbreaking technology for seamless banking and processing.
Funding and Recognition
- October 11, 2022: Airwallex completed a $100 million Series E extension, raising their total funding to over $900 million. Airwallex was also named Fintech of the Year at the Asia FinTech Awards.
- September 16, 2022: Airwallex received three awards, including Fintech of the Year.
Yearly Recap and Outlook
- January 25, 2023: 1835i recapped 2022 and outlined key investment themes for 2023, focusing on SaaS, Fintech, Healthcare, Generative AI, CleanTech/ClimateTech, and areas like A2A payments, embedded finance, and Net Zero initiatives.
Conclusion
1835i is a pivotal force in fintech innovation as ANZ Bank’s external partner. It continually broadens its portfolio with cutting-edge technologies and strategic global expansions, bolstering its mission to innovate financial services and support emerging businesses.