Profile
Reinventure Group is a corporate venture capital firm based in Sydney, Australia. Founded in partnership with Westpac Banking Corporation, the firm champions a founder-first approach, offering smart capital, deep industry experience, and strategic partnerships. With a focus on the Asia-Pacific region, Reinventure leverages its association with one of the top 20 banks globally to back visionary entrepreneurs. The team is composed of industry veterans like Simon Cant and Danny Gilligan, who bring a wealth of experience in fostering disruptive startups.
Reinventure Group primarily focuses on sectors such as FinTech and adjacent areas, aiming to nurture scalable early-stage businesses. With $150 million allocated for investments, the firm concentrates on creating options in future businesses. Stages of investments span from pre-seed to late-stage ventures within a typically three to five-year horizon. Reinventure Group collaborates with Westpac as its largest limited partner to achieve its investment objectives.
Notable investments in Reinventure Group's portfolio include MoneyMe - an online lending platform, HeyYou - a retail and hospitality app, Zai - a payments platform, and MX51 - a merchant payment platform. These companies exemplify the firm’s commitment to innovative solutions in the financial technology sector, underlining their strategic focus on spearheading advancements in the industry.
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