The Australian Banking Association announced a range of measures by the nation’s leading financial institutions on Friday as part of the response to the economic crisis caused by the COVID-19. The measures follow an $80 billion pledge by the RBA to buy government bonds to support the banks in lending to small and medium… Read more »
Sydney fintech Waddle, which provides invoice financing for small to medium enterprises (SMEs) has raised $4 million in Series A funding from Allectus Capital. With the company in 2017 securing a $50 million wholesale facility, the funding will go towards scaling Waddle across Australia and accelerating the integration of its global financial services partners. Founded… Read more »
With funding from investors including NAB Ventures, Earnd helps Australians access their income as they earn it.
Australian fintech company Ignition Advice has partnered with Bank of Ireland to launch a digital advice platform for the bank’s customers.
The Australian alternative lending space has a new player in its midst, with new offering Lumi launching following the raise of a $31.5 million Series A round.
While there are a wealth of pocket money apps and kids’ bank accounts in the market, the team still saw a gap for a money management and education tool for kids, and so Kwidz was born.
Your Money Your Life features a terrific program of seminars presented by a range of expert financial gurus plus a range of investment advisers and fund managers ready to talk to you personally and answer any questions.
WLTH aims to put into the hands of the average Australian tech tools that have traditionally only been available to finance professionals.
Now might be exactly the right time in Australia to start a fintech, but what exactly the best investors are looking for can be a mystery for new founders.
Pearler believes that many an average Aussie would like to learn more about investing and how to do it, but the barrier to entry often feels insurmountable.
The average Australian carries less than $60 in their wallet, with 80 percent of consumers preferring to pay by card, a new report from Square has found.
Part of the reason why SMB owners are choosing to forgo a business loan is the amount of documentation required, with 80 percent stating it was onerous.
Xero has unveiled Xero Learn, an education platform looking to help everyone from uni students through to SMB owners develop their financial literacy.
Adelaide-founded fintech startup Tic:Toc, which has developed a digital home loan platform, has raised $11.5 million in a Series B round led by Genworth Australia and La Trobe Financial.
As the statistics show, access to capital can be life or death for a business – but it can be difficult and expensive to obtain.
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