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 »
FinTech Australia has announced the new Positive Impact award, which celebrates social impact in fintech. They are now calling for entries for its seventh annual awards. The Positive Impact award will consider the social, environmental, and economic impact of fintech companies. They introduced the new award to honour work on this within the sector. FinTech… Read more »
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.