Money Matters

Best Emerging Australian Startups In 2016: When we talk about Australian startups, nothing looked brighter. But recently, Australian Prime Minister Malcolm Turnbull announced $1.1 billion packages. This finance package is arranged to boost startups in Australia. The most prominent part of this package is tax breaks for new business. Due to a support of Australian legislation, we can say Australian is going to be the innovative powerhouse. As current startups are being supported by Australian legislation, people will be encouraged to launch new and innovative businesses. > Basics of doing business in Australia List of Best Emerging Australian Startups In 2016 Nothing is riskier than a startup. The start-ups who can face any situation with calculated risk can stand out. Here, we have arranged a list of the best startups to watch in 2016: Persollo: Persollo is a unique startup that enables a small merchant regarding e-commerce. Using Persollor, small merchants can set up e-commerce visibility without setting an expensive e-commerce site. The most appreciating part of this startup is the pace. Within six months, the team was able to present a lick product. Usually, things do not go so fast in start-ups. At the start, the team just had a plan, nothing else. Within six months, they recruited hundreds of merchants as customers. Within the next month, the team was doing transactions. That’s why this start-up was selected for Telstra’s muru-D Accelerator. Drive Yello: Drive Yello is an innovative business that provides delivery services for restaurants and fast food brands. It is not something like Uber. It is much different Arena, founded by an experienced leader who has knowledge of this industry. We can say, this is a great opportunity for drivers who does not have proper vehicle for Uber qualification. Coin Jar: As the name implies, Coin Jar is a great start up that deal in bitcoin exchange. First, it was operating in Australia; now they have spread roots tot eh Britain. Coin Jar has legally integrated system with local banks and local EFTPOS card provider. This is the most trusted name in Australia regarding bitcoin exchange. In fact, this brand is one of the few names that connected bitcoin to the real banking system. Bug Crowd: Bug Crowd, the innovative start-up focused on security testing for business owners and software developers. A Security breach is harmful and dangerous for any business. It can cost heavy losses to any business. Most business owners are unable to tact security breaches. The best way to deal with security breaches is getting security testing. Bug Crowd is an emerging name in this industry. Its success is evident from 22,000 security consultants, providing security testing service. Envato: You probably heard of this name regarding web applications and themes. Envato is the most successful venture in Australia regarding web development and applications. Right now, Envato is making $50 million a year revenue. More than 5.5 million customers are enjoying Envato services, isn’t amazing! Go1: You have to check Go1 if you are seeking an online business training platform. Since the day one, this startup has managed to earn lots of revenue. The best part, the team has Rhodes Scholar. This start-up has been accepted by Y Combinator, a huge success! Pocket Book: Pocket Book, the best finance app known for integrating your banking, budgeting and credit card transactions in one place. The best part, it categorizes all the transactions as per the type. This app is popular because it is the only app that is successfully integrated with the real banking system. Basketball Forever: One sentence, this is the largest online community regarding Basketball! 850,000 Facebook followers and 20 million views are enough to justify its success. Originally, it was founded by a small team in Australia. Due to the massive adoption of users, its monetization was proved to be a huge success! Cohort Solutions: Cohort Solutions, as the name suggests, it is a perfect service for overseas students studying in Australian institutes. This initiative got famous due to its services of health insurance, telecommunications, and foreign exchange services. Cohort Solutions is serving more than 10,000 customers right now. It is a big success! Final Verdict: What an incredible list of amazing startups! Honestly, anyone can be inspired by reading this guide. So, what’s your business idea? Feel free to share it with us! > How to supplement your income online? Main Image Source : Pixabay Also See : Earn Money Helping Others Succeed 10 Important Things to Consider before Approaching for a Business Loan