PayGroup (ASX:PYG) nearly doubles new contracts in 1H FY21
ASX-listed payroll manager PayGroup has nearly doubled its new contracts over the first half of FY21.
Australians rush to check credit scores amid pandemic
Emerging fintech Credit Savvy found 614,000 people checked their credit scores between March and August 2020, a 36% increase on the same period in 2019.
Credit Clear plans ASX listing and $15 million IPO
Melbourne-based fintech Credit Clear has announced its plans to forge ahead with its plans for a $15 million initial public offering (IPO).
Square buys $50 million in bitcoin as part of larger investment in cryptocurrency
Payments platform Square has purchased US$50 million (AUD70m) in bitcoin, part of its larger investment in cryptocurrency
New fintech payment system set to save merchants millions
Sydney-based fintech DataMesh Group has launched its new payment system which allows cost-effective automatic routing via eftpos’ Australian Debit system.
IMB Bank launches open banking
IMB Bank has announced that it has launched its open banking platform and will share certain data through API integration.
Fintechs embrace $2bn R&D spend
The fintech sector has largely welcomed the government’s pivot away from its previous proposed cuts to the R&D tax incentive.
Plenti achieves record loan originations
Non-bank lender Plenti achieved record loan originations of $106.9m for the quarter ending 30 September 2020, up 48% from the prior corresponding period.
