Original article by James Eyers
The Australian Financial Review – Page: 21 : 25-Jun-15

PromisePay has raised $US2m ($A2.6m) in seed funding from several venture capital funds, including the Westpac-owned Reinventure Group. PromisePay was founded in 2014 and offers a payment platform for online marketplaces such as Jobstream and Flippa. PromisePay forecasts strong growth in revenue in 2015-16. Reinventure has previously invested in SocietyOne, Nabo and Zetaris.

CORPORATES
PROMISEPAY, REINVENTURE GROUP PTY LTD, WESTPAC BANKING CORPORATION – ASX WBC, JOBSTREAM, FLIPPA.COM PTY LTD, SOCIETYONE AUSTRALIA PTY LTD, NABO COMMUNITY, ZETARIS PTY LTD, RAMPERSAND HOLDINGS PTY LTD, CULTIVATION CAPITAL, 99DESIGNS PTY LTD, SQUARE, SIXTHIRTY, KIMA VENTURES, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, TELSTRA CORPORATION LIMITED – ASX TLS, ERICSSON AUSTRALIA PTY LTD, NEC AUSTRALIA PTY LTD, FUJITSU AUSTRALIA LIMITED, STANDARD CHARTERED BANK PLC, BRAINTREE LABORATORIES INCORPORATED, UBER TECHNOLOGIES INCORPORATED, AIRBNB INCORPORATED, EBAY INCORPORATED, CRAIGSLIST, GUMTREE.COM AUSTRALIA PTY LTD, CARSALES.COM LIMITED – ASX CAR