Predict your next investment

Commonwealth Bank of Australia company logo
Bank
FINANCIAL | Retail Banking
commbank.com.au

See what CB Insights has to offer

Investments

18

Portfolio Exits

5

Partners & Customers

10

About Commonwealth Bank of Australia

Commonwealth Bank of Australia is a provider of integrated financial services, including retail, premium, business and institutional banking, funds management, superannuation, insurance, investment and share-broking products and services.

Commonwealth Bank of Australia Headquarter Location

Sydney, New South Wales, 2000,

Australia

+61 2 9999 3283

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Commonwealth Bank of Australia Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Commonwealth Bank of Australia Rank

Latest Commonwealth Bank of Australia News

Dollar finds a footing as traders brace for hawkish Fed

Jan 17, 2022

Dollar finds a footing as traders brace for hawkish Fed Dollar finds a footing as traders brace for hawkish Fed FILE PHOTO: A picture illustration of U.S. dollar, Swiss Franc, British pound and Euro bank notes, taken in Warsaw January 26, 2011. REUTERS/Kacper Pempel/File Photo 17 Jan 2022 09:59AM (Updated: 17 Jan 2022 09:57AM) SYDNEY : The dollar clung to a late week bounce on Monday as investors braced for January's U.S. Federal Reserve meeting and raised bets it will chart a year ahead holding several rate hikes, while China surprised analysts with a benchmark cut. Chinese economic growth data, due later on Monday (0200 GMT), a Bank of Japan policy meeting which concludes on Tuesday, British inflation data on Wednesday and Australian jobs figures on Thursday are also in view as traders gauge the global policy outlook. The dollar was 0.2per cent higher at 114.45 yen early in the Asia session, about 0.8per cent above a Friday low. It also edged about 0.1per cent firmer on the euro to $1.1403. The moves follow the dollar's jump on Friday along with U.S. yields and underscore support for the greenback from the hawkish rates outlook, even if momentum for gains has started to wane. The U.S. dollar index, which declined sharply last week until Friday's leap, sat at 95.225 in Asia on Monday. "Friday's move suggest to me that the interest rate driver for dollar strength is not dead and buried," said National Australia Bank's head of foreign exchange strategy Ray Attrill. He said it may not necessarily return to drive new dollar highs, but added: "We've had a hawkish twist out of every Fed meeting since June last year." The Fed meets Jan. 25-26 and is not expected to move rates, but there is a growing drumbeat of hawkish comments coming from within and outside the central bank. Last week, J.P. Morgan CEO Jamie Dimon remarked that there could be "six or seven" hikes this year and billionaire hedge fund manager Bill Ackman floated on Twitter over the weekend the possibility of an initial 50 basis point hike to tame inflation. The cash Treasury market was closed for a holiday on Monday but 10-year futures were sold to a two-year low and Fed funds futures also fell, reflecting a strengthening conviction in the market of at least four hikes in 2022. The Australian and New Zealand dollars, which dropped sharply on Friday, remained under pressure on Monday. The Aussie was last down 0.2per cent at $0.7200, ending for now a brief foray above resistance around $0.7276. [AUD/] The kiwi edged 0.2per cent lower to $0.6791. In China, bonds rallied and the yuan slipped after the central bank cut borrowing costs for medium-term loans for the first time since April 2020, defying market expectations. Ten-year government bond futures rose to their highest since June 2020 after the move and the yuan began onshore trade marginally softer at 6.3555 per dollar. Chinese gross domestic product figures due at 0200 GMT are expected to show annual growth at its slowest in 18 months as a property downturn drags on demand. Elsewhere a month-long rally for sterling has petered out around its 200-day moving average. It held at $1.3669 on Monday, but analysts say it could resume gains if inflation data makes the case for higher interest rates. "Interest rate markets are currently pricing an 80per cent + chance of a 25 bp rate hike by the Bank of England on 3 February," said Commonwealth Bank of Australia strategist Joe Capurso. "A quicker pace of inflation could see pricing move closer to 100per cent." ======================================================== Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change

Commonwealth Bank of Australia Investments

18 Investments

Commonwealth Bank of Australia has made 18 investments. Their latest investment was in Gemini as part of their Series A on November 11, 2021.

CBI Logo

Commonwealth Bank of Australia Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/19/2021

Series A

Gemini

$400M

Yes

7

11/7/2021

Series E

H2O.ai

$100M

Yes

6

11/1/2021

Unattributed

Karta Gift Cards

Yes

1

10/11/2021

Series C

Subscribe to see more

$99M

Subscribe to see more

10

8/13/2021

Seed

Subscribe to see more

$99M

Subscribe to see more

10

Date

11/19/2021

11/7/2021

11/1/2021

10/11/2021

8/13/2021

Round

Series A

Series E

Unattributed

Series C

Seed

Company

Gemini

H2O.ai

Karta Gift Cards

Subscribe to see more

Subscribe to see more

Amount

$400M

$100M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

7

6

1

10

10

Commonwealth Bank of Australia Portfolio Exits

5 Portfolio Exits

Commonwealth Bank of Australia has 5 portfolio exits. Their latest portfolio exit was PEXA on July 01, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/1/2021

IPO

$99M

1

6/21/2021

Divestiture

Subscribe to see more

$99M

Subscribe to see more

10

6/13/2019

Acquired - II

Subscribe to see more

Subscribe to see more

10

10/31/2018

Divestiture

Subscribe to see more

$99M

Subscribe to see more

10

9/21/2017

Divestiture

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/1/2021

6/21/2021

6/13/2019

10/31/2018

9/21/2017

Exit

IPO

Divestiture

Acquired - II

Divestiture

Divestiture

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

Commonwealth Bank of Australia Acquisitions

4 Acquisitions

Commonwealth Bank of Australia acquired 4 companies. Their latest acquisition was Whitecoat on May 05, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/5/2021

$99M

Acquired

4

11/6/2018

Other

Subscribe to see more

$99M

$99M

Subscribe to see more

10

1/19/2016

Series B

Subscribe to see more

$99M

$99M

Subscribe to see more

10

8/31/2011

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/5/2021

11/6/2018

1/19/2016

8/31/2011

Investment Stage

Other

Series B

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

Total Funding

$99M

$99M

Note

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

4

10

10

10

Commonwealth Bank of Australia Partners & Customers

10 Partners and customers

Commonwealth Bank of Australia has 10 strategic partners and customers. Commonwealth Bank of Australia recently partnered with Chainalysis on November 11, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

11/2/2021

Client

Chainalysis

United States

CBA partners with fintechs Gemini and Chainalysis to offer crypto services to customers

CBA partners with fintechs Gemini and Chainalysis to offer crypto services to customers

2

10/11/2021

Partner

Waddle Loans

Australia

CBA rolls out digital lending product in partnership with fintech Waddle

CBA is starting to roll out a new financial product for businesses in partnership with Xero-owned fintech Waddle that offers to lend money against the value of outstanding invoices .

1

10/11/2021

Vendor

Xero

New Zealand

Xero (ASX: XRO) subsidiary inks new partnership with CBA

CBA said that partnering with Xero Ltd 's Waddle would enable automation of much of the working capital finance process .

1

10/5/2021

Partner

COGO

Subscribe to see more

Subscribe to see more

10

9/16/2021

Sponsored

Cricket Australia

Australia

Subscribe to see more

Subscribe to see more

10

Date

11/2/2021

10/11/2021

10/11/2021

10/5/2021

9/16/2021

Type

Client

Partner

Vendor

Partner

Sponsored

Business Partner

Chainalysis

Waddle Loans

Xero

COGO

Cricket Australia

Country

United States

Australia

New Zealand

Australia

News Snippet

CBA partners with fintechs Gemini and Chainalysis to offer crypto services to customers

CBA partners with fintechs Gemini and Chainalysis to offer crypto services to customers

CBA rolls out digital lending product in partnership with fintech Waddle

CBA is starting to roll out a new financial product for businesses in partnership with Xero-owned fintech Waddle that offers to lend money against the value of outstanding invoices .

Xero (ASX: XRO) subsidiary inks new partnership with CBA

CBA said that partnering with Xero Ltd 's Waddle would enable automation of much of the working capital finance process .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

1

1

10

10

Commonwealth Bank of Australia Team

69 Team Members

Commonwealth Bank of Australia has 69 team members, including current Chief Executive Officer, Matt Comyn.

Name

Work History

Title

Status

Matt Comyn

Chief Executive Officer

Current

Kelly Henderson

Chief Executive Officer

Current

Peter Hill

Chief Operating Officer

Current

Vanitha Serrao

Chief Executive Officer

Current

Scott Speedie GAICD

ABN AMRO Australia, and NatWest

Chief Executive Officer

Current

Name

Matt Comyn

Kelly Henderson

Peter Hill

Vanitha Serrao

Scott Speedie GAICD

Work History

ABN AMRO Australia, and NatWest

Title

Chief Executive Officer

Chief Executive Officer

Chief Operating Officer

Chief Executive Officer

Chief Executive Officer

Status

Current

Current

Current

Current

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.