Fintech Zeller is taking on the big four banks to offer financial services to the small business sector, launching a new transaction account, debit card, and app. It’s a major shift in strategy for the Melbourne startup, founded by former Square exec Ben Pfisterer and Dominic Yap. The three-year-old venture launched in 2021 with a… Read more »
‘A good first step’: Fintech Australia responds to Council of Financial Regulators report into de-banking
A review into how to tackle the ongoing problem of de-banking in the fintech sector by the Council of Financial Regulators has come back with four key recommendations for the Australian government that industry lobby group Fintech Australia describes as “a good first step” on the issue. In March, the former Coalition government asked the… Read more »
The CBA’s move into cryptocurrency could pay off handsomely for the Big 4 bank with a new study from Visa revealing that up to a third of Australian crypto-owners saying they are likely or very likely to switch their primary bank to one that offers crypto products in the next 12 months. With around 20% of Australians… Read more »
NAB has partnered with major banks in Canada, Brazil and the UK in a hunt for the greater fintech innovation. The Global Open Finance Challenge is a virtual event seeking entrepreneurs and startups with globally scalable solutions for open finance. NAB is part of the initiative with CIBC, Itaú Unibanco and NatWest Group. They’re looking… Read more »
Funding from Point72, Bridge lane, Tank Stream and Reinventure, has allowed workplace software startup Flare to make progress on the next evolution of their financial wellness vision to help working Australians live their best financial life.
The Finnies awards night plays a key role in celebrating our best and brightest and pushing our industry to test its own limits.
UBank, the digital bank launched by National Australia Bank in 2008, is set to launch intelligent assistant Mia to help customers through their home loan applications.
As the finance sector deals with the fallout, fintech startups are taking note of both the lessons to be learned and the opportunities that have emerged.
ASIC has joined 28 international bodies in launching the Global Financial Innovation Network (GFIN), which aims to support financial innovation in the interests of consumers.
Israeli fintech startup Splitit has completed the first ASX listing of the year, following the closing of a $12 million initial public offering (IPO).
Fresh from securing its restricted banking licence from the Australian Prudential Regulation Authority (APRA) last month, neobank Xinja Bank has launched its second equity crowdfunding offer.
Australian fintech company Ignition Advice has partnered with Bank of Ireland to launch a digital advice platform for the bank’s customers.
OpenSparkz is working to reimagine loyalty programs and offers, believing there is too much friction in existing schemes for both merchants and 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.