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.
The battle of the digital banks is on, with new offering Up launching today as volt bank announces a partnership with PayPal.
ANZ has released ‘Wallets@ATM’, a feature allowing customers to withdraw cash from the bank’s ATM using their mobile device rather than their plastic card.
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.
Kogan.com has continued its expansion beyond electronics, partnering with Adelaide Bank and Pepper Group to offer home loan products.
Just a few months on from raising $15 million in a Series A, Athena Home Loans has announced a strategic partnership with non-bank lender Homeloans Ltd.
Melbourne fintech company Credit Clear, which automates the process of requesting payments from customers, has raised $8.5 million in funding from investors including Regal Funds Management.
Brighte founder and CEO Katherine McConnell has been named Australia’s fintech leader of the year and Afterpay the fintech organisation of the year at the second annual Finnie Awards.
Melbourne coworking community YBF Ventures has launched Lift Off, a program aiming to boost diversity in the fintech space.
VC firm Reinventure Group has closed its third $50 million fund, with Westpac once more backing the firm as it looks to expand its focus to Asia-Pacific.
Fintech Brighte secures $20 million debt facility from NAB to help Australians buy renewable energy solutions
Fintech startup Brighte has secured a $20 million debt funding facility from National Australia Bank (NAB).
Open banking will be phased in with all “major banks” to make data on credit and debit card, deposit and transaction accounts available by 1 July 2019.