Commonwealth Bank focused on innovating amid pressure from fintechs
Commonwealth Bank CEO Matt Comyn has said his bank is committed to spending big every year on technology to deliver the best banking experience.
Jacaranda Finance rated as one of the best personal loan services
Jacaranda Finance took home the title for the personal loans category given their popularity among Aussies looking to access quick online finance.
Three funds bankroll MoneyMe raising
MoneyMe is seeking to raise $45 million for a $212.2 million market capitalisation with bids due to lead managers Morgans and Ord Minnett on Thursday.
High-end Afterpay rival takes its fight international
Payright, which is associated with high-end services like professional photography or home renovations, serves customers with a $20,000 spending limit.
EML Payments to shell out $423m for European fintech
EML Payments has entered into a binding agreement to acquire London-headquartered Prepaid Financial Services for an upfront value of £226 million (A$423m)
China and Australia ink fintech deal to share information on new trends
China and Australia‘s regulators have agreed to partner up on fintech, a move that will give them oversight on new trends in each other‘s markets.
Novatti secures investment for Aus expansion
Novatti has received a $1.1 million investment from the Australia Fintech Investment Group as the two companies launch their joint business.
Acquisition advances non-bank’s growth plan
Cashflow Finance is now one of the largest non-bank lenders in Australia specialising in trade, invoice and equipment finance.
