Andrew Ellett
Fintech

Fintech HelpPay raises $2.4 million as the bill-sharing app launches to aid people with household expenses

- November 26, 2021 2 MIN READ

HelpPay, a fintech for people seeking help to pay bills, has raised $2.4 million in series A ahead of its public launch this Monday, November 29. The first-of-its-kind platform lets people securely share bills with family and friends via a smartphone app, allowing others to chip in and help pay them off. Unlike crowdfunding options… Read more »

Elliott Donazzan
Fintech

CBA’s X15ventures chips an extra $700,000 into on-time payments fintech Payble

- November 16, 2021 2 MIN READ

x15ventures, the Commonwealth Bank’s venture scaling arm, has tipped an additional $700,000 into its joint venture fintech Payble. The startup is a subsidiary of ASX-listed Sydney fintech Identitii (ASX: ID8), which uses blockchain and tokenisation to connect banks and businesses with the data for payments, in a joint venture with x15. Payble co-founder and MD… Read more »

advice, business
Funding

Fintech Asendium raises $1.1 million to make life easier for financial planners

- November 12, 2021 2 MIN READ

Financial advice startup Asendium has raised more than $1.1 million. The round was backed by a mix of institutional investors, including Holon Global Investments, plus several aligned and independent financial advisers, and private investors. The funds are earmarked for developing the fintech’s technical capability, product development, and integrations. Asendium is looking to transform the way… Read more »

Paul Byrne
ASX

Veteran fintech Assembly Payments rebrands as Zai following CurrencyFair merger

- November 4, 2021 2 MIN READ

Assembly Payments has completed its merger with Irish cross-border payments marketplace CurrencyFair and rebanded as Zai. The Melbourne fintech announced the merger in April this year, which went ahead following regulatory approval. It’s the second rebrand for Assembly Payments, which was founded in 2013 as PromisePay by Darren McMurtrie, Simon Lee and Simon Jones. The Westpac-backed… Read more »

Afterpay, Nick Molnar, Anthony Eisen
Advice

KPMG: Fintech sector growth is being driven by M&A

- October 29, 2021 3 MIN READ

Consolidation in the financial services sector, as corporates swallow up fintechs, has been a key driver of growth in the fintech sector over the past 12 months according to analysis by KPMG. The KPMG Fintech Landscape 2021, an annual survey of independent fintechs that are either active and/or headquartered in Australia, reveals there are currently… Read more »

Superhero, John Winters
Funding

Shares platform Superhero raises $15 million as it looks to expand into New Zealand and cryptocurrency

- October 26, 2021 2 MIN READ

Digital share trading and superannuation platform Superhero has raised $15 million in a new round to support international expansion plans. The round was led by Perennial Value Management and included other high-profile investors, including Regal Funds Management, Ophir Asset Management and Alex Waislitz’s Thorney Investment Group. The fresh cash injection follows a $25 million raise… Read more »

Daniel Cannizzaro
Funding

Sydney fintech Parpera raises $1.3 million as it prepares to launch

- October 22, 2021 2 MIN READ

Money management fintech Parpera has raised $1.3 million as it ramps up to launch its Banking-as-a-Service (BaaS) enabled offering. Earlier this week, the company announced plans for a mobile app-based business solution developed in a partnership with Railspay. The fintech, which is focused on sole traders, freelancers, and entrepreneurs as a potential target market of more… Read more »

Fintech

EY: Australian fintech is now at global levels

- October 21, 2021 5 MIN READ

Australia’s fintech ecosystem saw record investor capital, strong job creation and a growing focus on international expansion during the pandemic, according to the 2021 EY FinTech Australia Census. The sixth annual Census, a collaboration between Ernst & Young and FinTech Australia, reveals a dramatic increase in the proportion of fintechs whose capital raising expectations were… Read more »

David Ingram
Funding

Proptech lending marketplace CrowdProperty raises $1.5 million seed round

- October 15, 2021 2 MIN READ

Marketplace lending platform CrowdProperty Australia has raised $1.5 million in a seed round as it aims to ramp up finance for SME property development. The raise was led by developer Oscar Done, supported by several property, financial services, and tech investors including Black Nova VP Alex Retzlaff and former TripAdvisor technology VP Jeff Lewis.  CrowdProperty launched… Read more »