Digital transformation and innovation and disruption are the two big fears keeping Australian business leaders up at night, a survey has found.
Almost 70 percent of Australian fintech startups are post-revenue and 19 percent are profitable, median revenue growth across the sector up 2.25x on 2017, a report has found.
Airbnb is making a play for the luxury travel market, today unveiling a series of new offerings as part of a roadmap for its “core Homes business”.
As the NSW Government gears up to implement a $1 levy per trip taken through taxi and rideshare services across much of the state from this Thursday, Indian rideshare company Ola has signalled it is getting ready to launch in Australia.
ASIC has signed an agreement with the United Arab Emirates’ ADGM FSRA, which outlines how both nations will collaborate to support fintech startups.
Thirteen companies have banded together to launch the Regtech Association, a group focused on facilitating collaboration and growth in the regtech sector.
First announced by Scott Morrison in May, ASIC has launched its ‘regulatory sandbox’ for fintechs looking to test new financial products and services.
The Australian Securities and Investment Commission (ASIC) has released its corporate plan for 2016-17 through to 2019-20, highlighting the role of innovation in both helping it achieve its various objectives and the challenges technology may pose.
H2 Ventures has announced Australia’s first listed fintech investment company, H2Ocean to expose investors to diverse portfolios and increase funding for early stage fintech startups. H2Ocean is seeking to raise a minimum of $27 million and a maximum of $55 million to provide a permanent and stable pool of capital for long-term investment opportunities.
Just two days after the NSW Roads and Maritime Services (RMS) suspended the vehicle registrations of 40 Uber X drivers, the Australian Capital Territory government has announced that it is set to legalise and regulate the service ahead of its launch in the city in October.
Recent occurrences involving Bitcoin have caused a stir across the media and political spectrum worldwide. Criminal activities such as money laundering have been linked to the technology, spreading scepticism and concern regarding national security. But is Bitcoin really as “dirty” as many think it is?