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.
Gen Y-focused financial advisory firm Wealth Enhancers launches e-learning course to help millennials with money
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.
Sydney-based startup Grei offers a multimedia content platform aimed at improving financial literacy in China
Targeting a Chinese audience, the Grei app looks to improve financial literacy through mentorship from experts and leaders and educational content.
Fintech app PictureWealth combines an individual’s “wealth selfie” with robo advice to improve financial literacy
Taking a snapshot, or “wealth selfie”, of a user’s finances, PictureWealth delivers robo-advice designed to help users plan their financial future.
Smartpay is a payments company which offers its own open payments service API and physical EFTPOS devices to merchants and retailers.
Australia is the top nation, alongside Brazil, facilitating the largest fintech deals outside the global core markets, according to a CB Insights report.
Fintech coworking community Stone and Chalk has announced its expansion into Victoria, with a space for 60 desks to open next month in Melbourne.