# DataMesh Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/datamesh-group-pty

- Industry: Financial Services
- Headquarters: Barangaroo, Australia
- Website: www.datameshgroup.com
- Total disclosed funding: $27M
- Latest round: Series A (Oct 14, 2022)
- Investors on record: 11

## About

Founded in 2018 and based in New South Wales, Australia, DataMesh Group Pty Ltd., operates as a financial technology company that offers bespoke payment and data processing solutions for merchants and retailers. In February 2023, DataMesh Group Pty Ltd., raised AUD 30 million in a series A funding led by returning investor NAB Ventures, with participation from investors 1835i, Deutsche Bank, Fifth Estate Asset Management Pty Ltd, Peregrine, Australia, and New Zealand Banking Group, and Wunala Capital. As of 2023, the company is led by its CEO, Mark Nagy.

The company offers various payment solutions that include software, infrastructure, and data analytics products by partnering with banking and regulatory partners. The company’s platform integrates with various cloud point of sale (POS) integration tools like QR codes, loyalty cards, prepaid transport cards, debit and credit cards, and others, providing customers with buying behavior and actionable insights.

The company plans to use the February 2023 funding to finance major domestic projects and expand its business in the high-growth payments processing sector.

## Funding rounds

- Series A, Oct 14, 2022, $27M — Deutsche Bank, ANZ, NAB Ventures, Wunala Capital, 1835i, Perpetual Corporate Trust Limited, Fifth Estate Asset Management, TFSF Pty Ltd, The Olive Trees Pty Limited, Vulcancrest Trading Pty Ltd, Ys Dmg Pty Ltd

## Investors

- Deutsche Bank — Series A
- ANZ — Series A
- NAB Ventures (https://capitalatlas.ai/funds/nab-ventures) — Series A
- Wunala Capital (https://capitalatlas.ai/funds/wunala-capital) — Series A
- 1835i (https://capitalatlas.ai/funds/1835i) — Series A
- Perpetual Corporate Trust Limited — Series A
- Fifth Estate Asset Management (https://capitalatlas.ai/funds/fifth-estate-asset-management) — Series A
- TFSF Pty Ltd — Series A
- The Olive Trees Pty Limited — Series A
- Vulcancrest Trading Pty Ltd — Series A
- Ys Dmg Pty Ltd — Series A