Fintech Australia has been forced to postpone The Finnies less than a fortnight before the awards were due to be held on June 9 as Victoria goes into a week-long snap lockdown after 34 active Covid-19 cases emerged in the last three days. With surrounding states also imposing restrictions on anyway who’s been in Victoria… Read more »
It’s arguable that 2020 was the hardest year that our emerging fintech sector ever faced. But as we all know, adversity breeds innovation. And nowhere was that more apparent than in the entries for this year’s Finnie Award submissions. We received a record 290 entries across 20 categories. Overall, the calibre of submissions was outstanding.… Read more »
Entries for Fintech Australia’s annual Finnie Awards are closing in less than two weeks on March 30. There are now 20 categories in total, including the Excellence in Open Data award, for how companies are managing and controlling their data, and a Hall of Fame award to commemorate a company that has made a lasting… Read more »
FinTech Australia has added two new awards to the annual Finnies, which are now open for entries. The new Excellence in Open Data award will examine how companies are managing and controlling their data, a issue that’s come to the fore with the launch of the consumer data right and open banking in July last… Read more »
The first-ever virtual Finnies Awards are just a few weeks away. But there’s one thing that every fintech should do before then, and that’s vote in our first People’s Choice Award. This award gives you, the community, the ability to single out your favourite fintech (from our finalists) and show your recognition of their work.… Read more »
FinTech Australia has launched a talent marketplace for Australian fintechs on LinkedIn, in a project backed by Tier One People. The marketplace, run through LinkedIn Groups, aims to connect candidates with prospective employers and help any talent displaced by the COVID-19 pandemic find new opportunities. Even before the project went live this week, leading Australian… Read more »
British banking multinational Standard Chartered is launching a joint venture company with fintech Assembly Payments to develop next generation payment solutions for the US$29 trillion e-commerce sector. The deal is a major coup for Assembly Payments, which launched in Melbourne in 2014, began providing online payment solutions with escrow services for marketplaces and platforms, before… Read more »
Welcome to Monday team. Here’s what we’ve seen. 1.  iFined for slowdown The French version of the ACCC, the DGCCRF, has fined Apple €25 million (AU$41m) for the 2017 iOS update that slowed down older iPhone models. Apple’s sin was not slowing down the phones, which the company claimed was to prolong the life of… Read more »
Judo Bank, the nascent fintech for SMEs, is once more on the hunt for cash, hoping to find another $400 million in a round 3 capital raise, just seven months after it set the Australian record for private funding for a startup round, with the same figure. The digital bank’s round 2 was initially meant… Read more »
TransferWise Vice President of Growth Nilan Peiris had one major not-so-secret to the $3.5 billion company’s growth to reveal at the recent launch of Intersekt in Melbourne. Customer evangelism drives growth. In real terms: over 80% of their customers use TransferWise’s service after hearing about it from a friend. TransferWise now has over 5 million… Read more »
Fintech Australia board members at The Finnies (l-r), Lauren Caplin of Reinventure, Simone Joyce of Paypa Plane, chairman Alan Tsen, GM of Stone & Chalk Melbourne, Carla Harris of Longevity, Melissa Mack of MoneyPlace, GM Rebecca Schot-Guppy, and Tim Dean of Credi.com. Up Bank, Airwallex and Afterpay are among the major winners of the 2019… Read more »
Before we get to the good stuff, we wanted to offer context which underscores just how much of an achievement it is to make this shortlist. This year there was a massive 237 entries for the Finnie Awards across all 18 categories (not including Biggest Raise of the Year). That’s 30 per cent more than last year.
The election is looming and policies and promises are being thrown around from all sides as the campaign heats up. Here we share some of the key issues Australian startups want to see on the agenda.
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.
Almost 70 percent of Australian fintech startups are post-revenue and 19 percent are profitable, median revenue growth across the sector up 2.25x on 2017, a report has found.
The Queensland government has startup grants worth up to $200,000 up for grabs 
Square Peg-backed cleaning products startup Zero Co is shutting down 
Eye Thy with my AI: Australian Radio Network digitises diversity with an artificially generated Asian female presenter 
12 startup festivals and events you need to know about this year 
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