<article>Basiq and Vero have closed funding rounds, while OneShift has been acquired by recruitment firm Programmed.</article>

Basiq and Vero have closed funding rounds, while OneShift has been acquired by recruitment firm Programmed.
<h3>Basiq secures seed funding from NAB Ventures and Reinventure</h3>
Sydney-based Basiq, which provides Australia’s first open banking API platform, has secured seed funding from <a style="color: #000080;" href="http://dealstreetasia.com/tag/nab-ventures" target="_blank" rel="noopener noreferrer">NAB Ventures</a> and <a style="color: #000080;" href="http://dealstreetasia.com/tag/reinventure" target="_blank" rel="noopener noreferrer">Reinventure</a>. Financial terms were not disclosed.
Launched in early 2017, Basiq’s core platform enables fintech enterprises to securely acquire authorised financial data on behalf of clients. This enables fintech startups to develop solutions for their customers around services such as personal finance management, wealth management and income verification.
According to founder Damir Cuca, the fundamental mission is to enable fintech innovation via a platform with the ability to provide core banking functionality through secure and simple API services.
&#8220;The way financial institutions use and share data continues to be an area of focus as banks look for ways to provide improved products and services for their customers,&#8221; said Todd Forest, Managing Director, NAB Ventures.
<h3>Vero closes A$4m from Square Peg Capital</h3>
Sydney-based email marketing platform Vero has secured A$4 million (~$3 million) from <a style="color: #000080;" href="http://dealstreetasia.com/tag/square-peg-capital" target="_blank" rel="noopener noreferrer">Square Peg Capital</a>. The company has been bootstrapped since its launch five years ago.
Vero allows clients to model customer data and lets various teams work together to collaborate on customer messaging. The latest investment round will fund the company&#8217;s plans to expand operations in a bid to double revenue over the coming years.
Tushar Roy, a partner at Square Peg Capital, told Startupsmart: “We see a lot of businesses in the space, but what attracted us particularly to Vero is solving a problem that’s manifesting today that will continue to exist into the future. This is allowing marketing teams and data scientists to come together in one data platform to create automated actions in real time.”
<h3>Programmed acquires OneShift</h3>
Job-matching startup OneShift has been acquired by recruitment company Programmed that specialises in labour hire and retention. Terms of the transaction were not disclosed.
The deal was negotiated over the last 12 months. ASX-listed Programmed acquired a 27.5 per cent interest in OneShift and a seat on the board following an A$5 million investment in 2013 which saw the company valued at A$18.2 million. This latest transaction sees Oneshift become a wholly-owned subsidiary of Programmed.
OneShift originated as a platform for recruiting short-term hospitality and retail workers in 2012 founded by Gen George. With the exit, she&#8217;ll now focus on building other startups.
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Sydney-based Basiq, which provides Australia’s first open banking API platform, has secured seed funding from NAB Ventures and Reinventure.

Australia: Basiq and Vero secure funding; Programmed acquires OneShift

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Australia: Basiq and Vero secure funding; Programmed acquires OneShift

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