Finance industry disruptor sets out to end predatory loans
Half of Australians are now living pay cheque to pay cheque, many trapped in a cycle of debt perpetrated by predatory consumer loans.
Fintech Spotlight: Australian-Based Stake Focusing On Long-Term Investors
Stake, an Australian-based brokerage founded in 2017, is still growing according to the firm’s senior product manager, Alexander Robertson.
Zip to merge with US competitor Sezzle, announces $199m raise
Zip Co has today entered into a merger agreement with US-based rival Sezzle, valuing the target at approximately $491 million.
Australia: Crowdfunded Companies Top $1 Billion in Market Cap in 2021
The market cap of all crowdfunded companies in Australia topped $1 billion in 2021, according to the leading crowdfunding platform Birchal.
Larry Diamond backs teenage founders of fintech Instant in $2.2m pre-seed round
Founder of BNPL giant Zip Co Larry Diamond has backed the teenage founders of checkout platform Instant in a $2.2 million pre-seed round.
Cashed up Peppermint launches new platforms ahead of electronic money licence in the Philippines
Peppermint Innovation is set to launch new integrated platforms in the next quarter as it awaits the approval of an electronic money licence.
Change Financial continues to drive growth
Fintech payments leader Change Financial confirms the achievement of key platform milestones and new sales.
‘Super-apps’ top consumers’ preferences
Incumbent banks will need to “act now” to protect their advantages, if they want to remain relevant to consumers in the future.