ASX-listed Bendigo and Adelaide Bank will pay up to $116 million for Ferocia, the Melbourne fintech co-founded by Dominic Pym and Grant Thomas. Ferocia has been behind Bendigo e-banking app and internet banking platform for nine years and three years ago, Bendigo partnered with Pym and Ferocia to launch the neobank Up. The 100% acquisition… Read more »
As the founder of more than a dozen businesses over 20 years, I’ve had the privilege of bringing together, and then working with, some of the world’s most talented people. Both as a founder and leader, you have a wonderful and enormous responsibility to shape a work environment where those people can flourish. Creating something… Read more »
Up co-founder Dom Pym and TransferWise head of banks Murali Akella. App-based neobank Up is partnering with fellow fintech TransferWise to offer international payments in 52 currencies. More than 130,000 Up users will be able to make overseas payments from their transaction account under the deal. Up co-founder Dom Pym said the integration with TransferWise… 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.
The battle of the digital banks is on, with new offering Up launching today as volt bank announces a partnership with PayPal.