Get, the Sydney-based university payments startup formerly known as Qnect, has raised $3.4 million in a funding round led by Vertex Ventures and Click Ventures.
Australia’s transaction value through Alipay during China’s Golden Week holiday last week ranked 9th globally, with the number of transactions up 105 percent on 2017.
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.
ANZ has released ‘[email protected]’, a feature allowing customers to withdraw cash from the bank’s ATM using their mobile device rather than their plastic card.
The average Australian carries less than $60 in their wallet, with 80 percent of consumers preferring to pay by card, a new report from Square has found.
We had a chat with Ben Pfisterer about the growth of Square in Australia, how it has gone about forming its partnerships, and its place in the local fintech landscape.
Square and Bank of Queensland (BOQ) have joined forces to deliver small business more flexible payment options.
Melbourne fintech company Credit Clear, which automates the process of requesting payments from customers, has raised $8.5 million in funding from investors including Regal Funds Management.
In Melbourne to celebrate Square’s second birthday in Australia, the company’s cofounder and CEO Jack Dorsey also announced Square is set to build out an engineering hub down under, its first outside North America.
Rent, the company behind rental listings platform Rent.com.au, is set to acquire RentPay, a payments system for the rental market, from cloud accounting software provider MYOB for $425,000 in cash.
First launched as an app through which uni students could easily buy things from merchants, QPay is now moving into the digital banking space.
Cohort Go enables students to pay in their own local currency, and offers them rates usually only available to large corporates.
Australian debit payments network Eftpos has announced it has signed on to Android Pay, enabling debit card holders banking with ANZ and eight Cuscal credit unions to make contactless payments with their smartphones.
Westpac is set to launch PayWear, its own wearable offering allowing customers to make tap and go payments on contactless-enabled terminals.
With 21% of dogs & 35% of cats not taken to the vet in 2016, Knose looks to strengthen the bond between vets and pet owners through a monthly subscription.