Emerging Sydney fintech Avenue Bank has been granted a restricted banking licence by the financial regulator APRA. The digital bank has been gearing up for this moment after raising $37 million in a series B round back in February. Veteran CBA exec George Confos was appointed Avenue CEO last year. The fintech previously raised $11.4… Read more »
SME business lender Tyro, has decided to build the other side of its ledger following its successful float on the ASX last Friday, announcing a pilot offering term deposits for Australian businesses. The fintech became the country’s newest unicorn when it listed (ASX: TYR) at $2.75 a share, giving it a market cap of more than… Read more »
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