Queensland financial giant Suncorp has announced plans for a three-month accelerator program for fintech startups. The Suncorp Digital Incubator Program is a 90-day accelerator offering access to mentors, designers, data/APIs and tech and business experts, at the bank’s Digital Labs in Brisbane. Applications are now open with the program kicking off in June. Chief Information… Read more »
Techboard, Australia’s largest startup and tech directory, released its latest quarterly funding report today, revealing the March 2019 quarter was a bumper period for the sector when it came to funding. While the finalisation of the bid for online property exchange network PEXA (Property Exchange Australia Ltd), launched in late 2018 by the Commonwealth… Read more »
Payments disruptor Afterpay rocked the industry when it took out fintech organisation of the year at the Finnies for the second year in a row last year. Now, the global buy now, pay later company has become the first winner to sponsor the Finnies and is a major sponsor for the 2019 Awards.
Goodments, an investment app that matches people to shares and funds based on environmental, social and ethical values has launched a retail crowdfunding raise on the Equitise platform. The goal is to raise up to $500,000 with shares available from $200.
Applications are now being accepted for Accenture’s annual FinTech Innovation Lab Asia-Pacific, a 12-week program that helps early- and growth-stage fintech companies accelerate product and business development through mentorship with executives from top financial institutions. The sixth year of the Lab comes after global fintech investments more than doubled in 2018, to US$55.3 billion, led by a… Read more »
Melbourne-founded fintech Airwallex is the latest Australian startup to hit unicorn status following the closing of a US$100 million ($141 million) Series C round led by DST Global.
Sydney fintech Waddle, which provides invoice financing for small to medium enterprises (SMEs) has raised $4 million in Series A funding from Allectus Capital. With the company in 2017 securing a $50 million wholesale facility, the funding will go towards scaling Waddle across Australia and accelerating the integration of its global financial services partners. Founded… Read more »
The Finnies awards night plays a key role in celebrating our best and brightest and pushing our industry to test its own limits.
The app was founded by Marta Barbayannis, who described GiftWell as “an electronic wishing well” making it easier to “give gifts for life’s special moments”.
Neobank Xinja Bank has broken its own equity crowdfunding record, raising just under $2.59 million from over 1,500 investors in its second campaign.
GetReminded looks to help consumers avoid overpaying when their contracts for various services expire, and remind them when renewals for others, such as passports or licences, are due.
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.
Financial management platform Moneytree has partnered with superannuation service Roll-it Super to enable access to its data aggregation solution.