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We enable innovators to create tech businesses.


By partnering with seasoned entrepreneurs, offering them support, guidance and critical access to our unmatched customer base and distribution networks, we’re not only empowering Australia’s most inspiring innovators, we’re reshaping banking as we know it.

Through x15ventures we will launch 25 enduring businesses by 2024.


Combining the best of ‘startup’ & ‘enterprise’.

x15ventures is partnering with leading global businesses to deliver ongoing expertise and support for digital innovators.

Microsoft is a global technology leader, supporting digital transformation in all sectors, with the mission to empower every person and organisation on the planet to achieve more.


KPMG High Growth Ventures brings the best of KPMG’s professional services with global reach, and deep expertise in accounting, tax and advisory services – packaged for startups, right sized, and timely.


Square Peg’s purpose is to empower exceptional technology founders in Australia, Israel and Southeast Asia with a focus on Series A and Series B.


Zetta invests in AI-first companies with B2B business models. They invest $1-3MM in pre-traction, post data startups.



x15ventures will launch 25+ businesses by 2024.

With ongoing funding and support from CommBank, we hope some of these will become enduring, valuable and trusted new brands. Our ventures bring to life new digital solutions to help make people’s lives easier day to day, at moments that matter, and to reimagine the way they bank.

A digital tool to assist with purchasing residential property, Home-in takes property buyers from contract review to settlement, with step-by-step guidance along the way.

Home-in is designed to reduce the stress of buying property, by bringing together the services a property buyer needs in a simple and easy platform.

Vonto provides business owners a holistic view of their business numbers, by securely connecting all their digital tools in one place.

Designed to remove the noise and complexity from business data, Vonto gives users a curated daily feed of useful information they can act on – all at a glance and on the move.

Designed to help Australians navigate the complex credit landscape, Credit Savvy gives users free and instant access to their credit score and credit file information.

Credit Savvy also provides users with the tools to understand, leverage, and protect their credit reputation, to help them achieve greater financial wellbeing.

Backr offers a digital, task-based step-by-step guide on setting up a business, from ABN and ACN registrations, business plan formulation, invoice creation and much more.

Designed to help entrepreneurs and new businesses, Backr has been created to be used in the early stages of a business’ life.


We’re building a pipeline of ventures and early-stage opportunities across four key areas, but we’re looking for more.

Home & housing:

Solutions focused on housing and rental affordability and access, managing and optimising a home, and transforming the way homes are bought and sold.

Modern living, learning & earning:

Life is accelerating. Digitisation of the economy drives tremendous opportunities, but brings new challenges to employment, financial wellbeing, access and inclusion. We’re interested in solutions that tackle everyday hassle, and transform key moments that matter in our lives.

Digital & data enabled business:

We’re looking for ways to make it easier to own and manage a business. Business models are transforming in the digital and data economy – we’re here to make sure those tools and opportunities work for small business, enterprise and Government.

Platforms to exchange, record & verify:

There are lots of problems still to solve in a digitising economy, and in getting ahead of shifts in our economic, social and environmental landscape. We’re looking for the next platforms and marketplaces that change the way we consume, share and create goods, services and information.



Our ventures benefit from access to the strategic assets of Australia’s leading bank.

Connectivity. Access to CommBank’s 15 million customers. CommBank has globally recognised digital platforms for its consumers and businesses that these new businesses can leverage to reach the right customers – in a safe, permissioned way.

Backing. Backing from one of the most recognised brands in Australia. This includes equity capital from seed through to scale, as well as payments capability and balance sheet funding.

Expertise. Expertise in building technology suitable for financial services regulation; trusted advice from our global partners; globally-recognised blockchain and AI specialist capabilities.


We know what it takes to build strong, enduring digital businesses.

We’re solving the complex problem of how to build ventures with strategic, operational and tech agility, but the robustness required to unlock enterprise reach. This takes a diverse team with different backgrounds. We’re curious, we roll up our sleeves, and we know that most problems are solved with a good dose of grit and humour.

Our collective experience means we understand the startup journey, the challenges enterprises face to innovate and partner, and the experiences our customers expect and deserve.

Supun King-Jayawardana
Head of Strategy & Operations

Supun leads the team that provides a range of strategic and operational services to ventures, including venture structuring and core support services such as procurement, delivery, finance and marketing. He formerly led the CommBank Innovation Lab in London, where he developed a centre of excellence in regtech.

Sophie Gilder
Head of Business & Enterprise Portfolio

Sophie oversees a pipeline of business and enterprise focused innovations, within our ‘Digital and Data-enabled Business’ and ‘Platforms’ focus areas. Sophie is responsible for making innovations happen – through build (POC to scale), buy or partnership, and also leads CommBank’s blockchain and AI centres of excellence. Most recently, she led the delivery of Bond-i, CommBank’s partnership with the WorldBank to issue the global first bond on blockchain.

Yish Koh
Head of Consumer Portfolio

Yish oversees a pipeline of consumer focused innovations, within our ‘Home & Housing’ and ‘Modern Living’ focus areas. Yish is responsible for making innovations happen –through build (POC to scale), buy or partnership. Most recently, she led the delivery of CommBank Rewards, a digital platform which connects merchants and consumers with personalised cashback offers.

Toby Norton-Smith
Managing Director

Toby oversees the portfolio of ventures in development and in market. He has been at CommBank for 5 years, pushing new innovations, partnerships and features in Digital, including the launch of new ventures like Beemit. Prior to CommBank, Toby led a Fintech business in the wealth management space.

Kimbra Neilson
Head of Risk & Controls

Kimbra oversees the risk management strategy and profile, compliance obligations, and reporting, enabling ventures to operate within safe boundaries. She has been with CommBank for 3 years, and prior to that consulted on a broad variety of risk and compliance matters, including serving many startup and growth companies.

Kelvin Lim
Head of Technology

Kelvin leads the technology team that works closely with our ventures and partners to consult, build and deploy tactical and strategic solutions and services. He has previously worked at CommBank, and was responsible for the technical build and operations of CommSec and CommSee. More recently he has rejoined x15ventures, bringing experience from a wide range of companies, domestically and overseas, from fintech and edtech startups to some of Australia’s largest institutions.

We are always on the lookout for amazing talent to join x15 and our ventures



If you have a digital business at any stage of development that you’d like to partner with X15 Ventures, or simply want to know more, please contact us.

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Have you got the next big venture?
We want to hear from you.

As we assess potential ventures, we are guided by the following questions

01. Does it address an unsolved or emerging need for consumers, business or Government.

02. Does it leverage current technology and business model tailwinds, to offer real solutions

03. How can we add value with our unique expertise from x15, CommBank and our partners?

Our process has four stages and it starts by submitting your concept through our online portal


Submit your concept

What customer problem are you trying to solve?

What is the proposed solution?

What are the benefits for new customers?

What is the business model and the size of the addressable market?

What is the competitive landscape and how will you differentiate yourself from others?

How can x15 help beyond funding?

What is the team’s background and experience?




x15 will provide feedback

The x15 team will review your concept against x15’s investment criteria and provide feedback on suitability and fit.

If there is an opportunity to progress this initiative together, you will be invited to present to the x15 Investment Committee.


Present to the Investment Committee

The x15 Investment Committee assesses funding requests for new initiatives.

You will be provided with standardised templates prior to the funding presentation.

30 minutes will be allocated for the presentation: 10 minutes to present and 20 minutes for Q&A.


Funding approval

If successful, funding will be approved and the x15 team will reach out to discuss next steps.

x15ventures acknowledges the Traditional Owners spread across the many traditional lands we operate on. We pay respect to all Traditional Owners of these Lands, who under custodial law are charged with nurturing and protecting Country. We extend our respect to their Elders past, present and emerging.

Why x15? - (x) is for exploration, and (15) is for the 15 million CommBank customers that our ventures can reach. It’s also a nod to the people we want to work with: the X-15 was a rocket propelled test craft that once underpinned the NASA Apollo program. It was a hard-working and incredibly powerful vehicle that helped launch a great exploration program.


© 2020 CBA New Digital Businesses Pty Ltd ABN 38 633 072 830 and Australian Credit Licence 516487, trading as x15ventures. x15ventures is a trade mark of CBA New Digital Businesses Pty Ltd. CBA New Digital Businesses Pty Ltd is a subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124. By sending us an email using the above link, you are agreeing to our Privacy Policy.