CommBank’s venture-scaling arm, x15ventures, has established a talent-sharing and investment partnership with fintech fund Triple Bubble.
The collaboration involves an investment, the exploration of new fintech opportunities with x15’s bank-safe venture stack, and the development of mutual mentorship and talent exchange programs. X15 managing director Toby Norton-Smith noted, “We’ve created a model that effectively assists startups in scaling while enhancing the CommBank proposition. However, there is always room for improvement in identifying future ventures and talent. Partnering with Triple Bubble strengthens our role as a bridge between corporate and startup, opening up venture opportunities that can leverage our capabilities while providing fintech founders and bank talent the chance to acquire complementary skills.”
Founded in 2024, Triple Bubble offers capital and strategic guidance at the startup, scale-up, and liquidity stages—referred to as the three ‘bubbles’ where fintechs require support, according to co-founder Don Pym. He emphasized, “Our fintech ecosystem is thriving yet still underserved. What fintech founders need is capital, access to mentors, and large companies that believe in them. With CommBank stepping up, we’re bridging critical gaps in Australian fintech investment.”