News, insight and events
from across the Group.

FinTech Interviews: Proviso

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Last week I sat down with Luke Howes, serial entrepreneur and notably, CEO of Proviso. Proviso is now a staple of the FinTech ecosystem in Australia; from a consumer perspective perhaps one of those businesses you’ve not heard of but had a massive impact on your life, and from a client perspective, one of the most important tools for accessing customer data to improve the quality and speed of lending. Either way, Proviso has an awesome impact on Financial Services business across Australia. But that’s enough from me, let’s hear hear what Luke has to say about building this Adelaide-based FinTech business.

Last week i had the pleasure of sitting down with Charlotte Petris, Founder and CEO of Timelio - the extremely successful invoice and supply chain finance marketplace. I was delighted to learn the reason that Charlotte was (very apologetically) late for our interview was that she was on a call with an SME customer who was talking her through their challenges. As we will come to see, this transparency and genuine care for customer is what really sets Timelio apart.

But don’t take that from me - let’s hear what Charlotte has to say:

This week I had the absolute honour to speak with Chris Hadfield - a man who needs little introduction (but I will anyway). Chris is a man of many accolades, namely, the first Canadian to ever walk in space, and who famously sang David Bowie’s Space Oddity on the International Space Station, racking up over 4000 hours in space and 36 million youtube hits. More than just a mere Astronaut and Commander of the ISS, Chris is also a musician, writer, leadership coach, and had a previous life as a downhill ski racer, test pilot, fighter pilot and Director of Operations for NASA at Star City in Russia.

Earlier this month, at a Frog Valley event, at Runway East in London, Thibaut Munier, COO Numberly shared his journey of creating, launching and IPO his business originally called 1000mercis, a data marketing, CRM and programmatic advertising company. He described his journey as being extremely focused and data driven.

The other night I attended Gold Coast Demo Day, which highlights the wonderful achievements in entrepreneurship in the South-East Queensland region. Entrepreneurship education has become a national priority and Gold Coast Demo Day is a great showcase of the avenues and resources that are there to support entrepreneurs of tomorrow grow their skills and knowledge through various training and mentor platforms available in the region.

This week Slingshot and NRMA announced their exciting new program Jumpstart, aimed at identifying, mentoring and jumpstarting startup and scale-up businesses. MitchelLake is proud to be an Event Partner and we invite our networks to engage in this great new program and attend the upcoming roadshow events. NRMA is one of Australia’s most traditional and trusted brands, yet it continues to be increasingly innovative and forward thinking in its investment and growth strategy. The partnership with Slingshot is a great fit, and we look forward to seeing Jumpstart as a key player in the future strength of Australia’s rapidly evolving economy. Jumpshot will be supporting 10 startups and four scale-up places in the program, with the accelerator offering:

• Potential to access more than 2.4 million NRMA members
• $30,000 seed funding
• Structured 12 week program
• Inspiring mentors
• Stimulating workspace at ‘hubs’ in Sydney or Newcastle

You’re invited to join Jumpstart and the panel to discuss what’s involved and to hear more about the initiative. There will be drinks and light finger food, followed by an opportunity to meet the panel and have an open discussion. The panel speakers include some of the industry’s heavyweights from NRMA, Artesian Capital, Slingshot & MitchelLake. Reserve your free spot at the events now and get those ideas ready, with submissions closing on Friday 14 November. For more information visit www.slingshotters.com

Sydney, Tuesday 14 October
Melbourne, Wednesday 15 October
Brisbane, Thursday 16 October
Newcastle, Friday 17 October

Where did the year just go?

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Reflections on 2013 for the MitchelLake Group.

The MitchelLake Christmas staff party is one of those reflections points for me every year. It's a moment in time where I am able to look back on the last 12 months since we last celebrated the end of the year and take stock of the highlights and lowlights for our business this year. We had our annual staff and partners gathering on Friday so I thought it would be worth throwing a few of my thoughts from 2013 out there.

We had our ups and downs like any business but without doubt, the Chinese year of the snake has been another one marked by growth, change and opportunity. Here are some of the highlights. (According to me of course)