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.
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.
Verve is a women-only fund focused on closing the gap between men and women’s super: women currently retire with an average of 47 percent less super than men.
Startupbootcamp is expanding its Australian presence, launching a fintech accelerator program in Melbourne.
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.
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.