<article>Parcel delivery startup<a href="https://www.sendle.com" target="_blank"> Sendle</a> has raised $5 million in Series A funding while fintech player <a href="https://www.bigstonecapital.com.au/launch" target="_blank">Bigstone </a>has secured $3 million.</article>

Parcel delivery startup<a href="https://www.sendle.com" target="_blank"> Sendle</a> has raised $5 million in Series A funding while fintech player <a href="https://www.bigstonecapital.com.au/launch" target="_blank">Bigstone </a>has secured $3 million.
<h3>Australian post delivery startup raises $5m</h3>
Small business parcel delivery tech startup Sendle has <a href="http://www.afr.com/technology/small-business-delivery-startup-sendle-raises-5-million-20160803-gqjshv" target="_blank">raised $5 million</a> in a Series A round led by Full Circle Venture Capital, <a href="http://www.blacksheepcapital.com.au" target="_blank">Black Sheep Capital</a>, <a href="http://www.nrma.com.au" target="_blank">NRMA</a> and <a href="http://www.dealstreetasia.com/?s=rampersand" target="_blank">rampersand</a>.
The news comes just after the startup launched Sendle Satchels, a service for small businesses looking to send parcels that weigh between 500 g and 25 kg.
The startup has placed itself as a strong competitor to the Australia Post and <a href="http://www.businessinsider.com.au/australia-post-parcel-disrupter-sendle-has-just-raised-another-5-million-2016-8" target="_blank">has raised over</a> $8 million including $1 million from return investor NRMA.
Sendle co-founder and CEO James Chin Moody said, &#8220;The new funds will allow Sendle to unlock big business delivery networks for even more small businesses and enable us to develop new features.&#8221;
Last month, the startup won the 2016 NSW Telstra Business Awards new business category. It also has big clients like<a href="https://www.etsy.com/sg-en/" target="_blank"> Etsy</a>, <a href="http://www.nab.com.au" target="_blank">NAB</a>, NRMA and <a href="https://www.velocityfrequentflyer.com" target="_blank">Virgin Velocity Frequent Flyer.</a>
<h3>Bigstone raises $3m under two months</h3>
Sydney-based fintech startup Bigstone has <a href="http://www.afr.com/technology/fintech-b2b-small-business-lending-marketplace-bigstone-raises-3-million-20160803-gqjsic" target="_blank">raised $3 million</a> under two months led by ASX-listed private equity and venture capital firm <a href="http://www.dealstreetasia.com/?s=CVC" target="_blank">CVC </a>in a strategic bid to globalise its business.
Other investors included Bangkok-based Lighthouse Venture Partners Paniti Junhasavasdikul and Narita Phadungchai and a slew of private investors.
Bigstone links up non-bank lenders to small businesses seeking loans of up to $250,000. Capital from the funding will go towards expanding its marketing team and enhancing its marketplace.
Bigstone co-founder and chief executive Boyd Pederson said, &#8220;Our aspirations are high, but we have to prove that we can underwrite loans first &#8230; so the focus is on marketing, hiring people &#8230; expanding our reach and growing into advisory channels. For the next 12 months we expect to be building the bulk of the business here.&#8221;
Launched in June, the startup has already amassed over $6 million in loan requests. The company hopes to finance $10 million worth of loans to more than 200 small businesses by the end of the year.
Also Read:
<a href="http://www.dealstreetasia.com/stories/australiawestpac-baked-reinventure-launches-38-2-million-startup-fund-49796/">Australia: Westpac-backed Reinventure launches $38.2m venture fund</a>
<a href="http://www.dealstreetasia.com/stories/australia-dealbook-xplor-raises-6-million-49646/">Australia Dealbook: Startups Xplor and LegalVision secure funding</a>
<a href="http://www.dealstreetasia.com/stories/melbourne-startup-bidenergy-secures-7m-48075/">Australia: BidEnergy raises $5.24m, EzyCollect closes seed round</a>

Parcel delivery startup Sendle has raised $5 million in Series A funding while fintech player Bigstone has secured $3 million.

Australia Dealbook: Delivery, fintech startups Sendle & Bigstone raise millions

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