Australia: Westpac's Reinventure Group leads $5.5m investment in Flare HR

Australia: Westpac's Reinventure Group leads $5.5m investment in Flare HR

Human resources. Pixabay.

Westpac Banking Corp’s venture capital unit Reinventure Group has led an A$7 million ($5.55 million) investment in HR services and employee financial wellness startup Flare.  It previously invested more than A$1 million in its March 2016 seed round, prior to the launch of its cloud platform in May 2016.

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