Fintech

Meet the 2020 Finnies Finalists 

- September 28, 2020 3 MIN READ

Many in the fintech sector will remember 2020 as a period of tough decision making, hardship and sacrifice. Countless plans for growth have been adapted or scuttled altogether in the name holding the business together, to weather this once in a lifetime pandemic. But by the end of October, we believe we will have a… Read more »

Fintech

E-billing startup Link4 lands an Australian Treasury contract to speed up invoice payments

- September 21, 2020 2 MIN READ

An Australian Government promise to pay its suppliers faster has led to a collaboration between an e-invoicing startup from South Australia and the federal Treasury. Based in Adelaide, South Australia, invoice delivery service provider Link4 will connect Treasury with the Pan-European Public Procurement Online (PEPPOL) network, allowing the government department to instantly receive invoices from… Read more »

Fintech

Business lender Lumi taps investors for $20 million

- September 21, 2020 < 1 MIN READ

Small business lender Lumi is on the hunt for $20 million from investors to expand its team and markets over the next year. Cornerstone backer the Josh Liberman Investment Group will tip in again as the company looks to develop additional product lines and improve its technology platform. The fintech offers unsecured business loans of… Read more »

Fintech

CBA copies NAB in the fight against BNPLs offering a Mastercard ‘no interest’ credit card

- September 11, 2020 2 MIN READ

The Commonwealth Bank has launched a near-identical “no interest” credit card just a day after NAB announced it was launching its flat fee StraightUp Card on Thursday. Aside from slightly different monthly fee rates, the only other key difference is that while NAB partnered with Visa, CBA’s “CommBank Neo” is a Mastercard product. Like StraightUp,… Read more »

Fintech

CBA’s x15 Ventures is offering $150,000 in funding for a fintech startup helping young people with their finances

- September 9, 2020 < 1 MIN READ

The Commonwealth Bank’s VC fund, x15 ventures, is holding a second Xccelerate fintech pitch event, with the winning idea landing $150,000 from CBA. The virtual pitch on November 3-4, and applications for Xccelerate are open until September 27. You can apply here. The shortlisted startups will be notified by October 23. x15 ventures is running Xccelerate… Read more »

Fintech

‘All we need to do is unlock our technology prowess’: Senator Andrew Bragg on the report into fintech and regtech

- September 3, 2020 5 MIN READ

While Australia officially slips into the first recession in 30 years, it is clear that we need more jobs. But we must embrace technology to be globally competitive. There is no other way. The Senate Select Committee on Financial Technology and Regulatory Technology was established in September last year, and following an extensive round of public… Read more »