Fintech startup Douugh has closed a $2.5 million seed funding round and landed a partnership with US bank, Choice Financial.
Sydney fintech startup zipMoney has announced an oversubscribed placement of $20.6 million to institutional and sophisticated investors. The placement is part of zipMoney’s funding plan to further expand its product offering, rollout new payments product zipPay and acquire personal finance management software, Pocketbook.
We’ve seen a number of startups emerge in the last few years that help people manage their personal finances via their smartphones – a few notable examples include Mint, Pocketbook and Digit. Although Sydney-based startup MoneyBrilliant isn’t a new market entrant, it has undergone many iterations and is now one of best available because of its UI/UX as well as the volume and type of financial services accounts that can be integrated into the application.