Process: How we invest

Co-authored with Square Peg Partners.

When considering the fundraising process, we think it should be as close to the ideal dental experience: pain-free, cost-effective, quick and leaves you with a smile.

The recent report from First Round on the State of Startups included some stats which proved that, once again, raising a round is a tough process.

  • 47.3% of entrepreneurs spent 4 or more months raising their most recent round.
  • Only 45% of entrepreneurs raised the amount they planned to.
  • Almost ¼ of all entrepreneurs pitched over 21 VCs.

At Square Peg, we want to do our bit to make it easier. For this reason, we’re sharing our investment process.

Read the full post on how we invest on Medium.

Square Peg Team

Investment notes - Airwallex

Led by Paul Bassat.

In a world where we expect businesses to service international customers easily, having the right infrastructure for cross-border payments is crucial.

That’s why we’re excited to invest in Airwallex, a Melbourne-based team who are helping businesses make better international payments at scale.


The problem: International payments are a mess

Let’s say you’re an Australian tourist travelling in Southeast Asia and need to pay for a local tourist guide through an online travel platform.

The online travel platform guarantees you an international transfer rate on the purchase so that you can pay with your Australian bank account or credit card. But, the merchant wants to receive Indonesian Rupiah.

Here’s what normally happens...

Read the full post and investment notes on Medium.