Australia’s alternative finance market grew 88 percent in 2017 to US$1.15 billion ($1.56 billion) to keep its place as the second largest market in Asia-Pacific behind China, a report has found.
Former Commonwealth Bank executive Angela Clark has been appointed CEO of Beem It, the P2P payments app launched by a handful of banks earlier this year.
Bicycle Queensland has partnered with peer-to-peer equipment rental platform Quipmo to help members lend out their bikes.
Peer-to-peer car sharing network Car Next Door has closed a $5 million Series B round, with the round comprising investment from existing backers Caltex and Investible and a portion raised through equity crowdfunding platform Equitise.
ToolMates Hire is the latest platform to make a splash in the P2P lending market, allowing users to do exactly what its name suggests – lend and hire tools.
A growing number of niche platforms are tapping into the opportunities within the peer to peer model, with one being Designerex.
Camplify, a Newcastle-based peer-to-peer startup that looks to help caravan owners make some extra cash out of the days their caravans would otherwise be parked idly in their driveway, has announced its expansion into the UK.
DishMe came when Bagga found himself struggling with his health due to what his doctor described as “a lethal combination of poor diet and long work hours”.
Melbourne fintech startup Timelio has today announced the raising of $5 million in funding and the launch of the Timelio Capital Fund.
Better Caring, a peer-to-peer marketplace for aged care and disability support services has today announced a raise of $3 million from Ellerston Ventures.