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.
Beyond helping users see where their money is going, Frollo also looks to help users achieve their savings or other money goals and learn better money habits.
Fintech startup Study Loans, which looks to help students finance their tertiary education, has secured a $50 million finance facility from an ‘ASX200 finance company’ and launched a $5 million capital raise.
First announced last October, payments app Beem It has launched this month with backing from Westpac, Commonwealth Bank, and NAB.
Gen Y-focused financial advisory firm Wealth Enhancers has expanded into online education with the launch of Wealth Creation for Gen Y, a course aimed at helping Gen Y out with their finances.
Three years in the making, Judo Capital is launching into the market today with a focus on building real relationships with its SME customers.
Open banking will “revolutionise” Australia’s financial services sector by giving consumers the right to share their data to get themselves a better deal, Treasurer Scott Morrison said.
Data registries and analytics business Illion, formerly Dun & Bradstreet, has acquired Adelaide fintech startup Proviso as it gears up for the arrival of Australia’s open banking regime.
ANZ has announced the appointment of Ron Spector as its managing director of New Business, Emerging Technology and Ventures.
ASIC has announced a deal with the China Securities Regulatory Commission to promote innovation in financial services in their respective markets.
Study Loans works with the educational institutions to have tuition paid to the organisation as a student progresses through their studies, like the government study loan programs.
Of the 100 names on this year’s Young Rich List, published by the AFR, exactly half of them made their wealth in the finance and tech sectors.
Targeting a Chinese audience, the Grei app looks to improve financial literacy through mentorship from experts and leaders and educational content.
Taking a snapshot, or “wealth selfie”, of a user’s finances, PictureWealth delivers robo-advice designed to help users plan their financial future.
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