Israeli fintech startup Splitit has completed the first ASX listing of the year, following the closing of a $12 million initial public offering (IPO).
National Australia Bank (NAB) has announced a collaboration with Chinese payment platform Alipay that will allow its merchants to take payments from customers via Alipay.
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.
Aiming to get travellers through the travel planning and booking process end to end is Melbourne-founded TRAVLR, created by husband and wife team Simon and Lani te Hennepe.
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ASIC stated that initial coin offerings can “involve significant risks for investors that are often not disclosed or well understood”.
Snooper, a platform that allows brands and retailers to collect data by having consumers complete ‘missions’ related to their products in stores, has raised $1 million in a funding round led by Microequities Venture Capital.
Though Australian consumers believe the value of the benefits garnered from loyalty or rewards programs is diminishing, their favourite loyalty program still has an influence on their behaviour, a report has found.
Only 50 percent of Australian SMBs have a website, while 48 percent of consumers stated they will stop considering a business if it doesn’t have a website.
“It was so obvious the team was so much more excited about tackling this new problem that’s now Tayble than keep beating down the path of Deal Tap.”
Australia is a leading market globally for adoption of new financial services technologies, according to a report from Ernst & Young, with a particular focus on money transfer and payment services.
Data Governance Australia (DGA) has released a Draft Code of Practice to set industry benchmarks for the responsible collection and use of data.
“Shortly after our consumer launch, the reality that everything was going to be infinitely harder than we had anticipated started to sink in.”
Startup Glamazon is allowing its users to connect with on-demand beauty services and salons through a mobile app similar to Uber.
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