Afterpay to raise $800m as co-founders cash in
Buy-now pay-later (BNPL) giant Afterpay (ASX: APT) will ride significant FY20 sales growth with an $800 million capital raise.
“The ones who get there quickly are the ones who will win”
The ones who get there quickly are the ones who are going to win: Daniel Fogarty, CEO and Founder of insurtech company Evari.
SelfWealth (ASX:SWF) welcomes influx of active traders in June quarter
SelfWealth reported an additional 14,132 active traders joined its platform during the June quarter, representing a 44% quarter-on-quarter increase.
Blockchain Australia seeks to build industry confidence with new CEO
Blockchain Australia has appointed a new CEO in an effort to improve blockchain awareness and application across Australia.
Open banking and consumer data rights threaten to un-stick the big bank’s customers
The Federal Government has passed Consumer Data Right (CDR) laws last year creating a general right for consumers to control their data.
UK fintech startup pirkx launches in Australia
UK fintech startup pirkx is launching its services in Australia, following successful seed funding rounds and successful launch in the UK market.
Open banking’s two approved players
Upon open banking’s launch this week, there were just two official ADRs: leading fintech company Frollo, and customer-owned bank, Regional Australia Bank.
Banks embrace data sharing “milestone”
Australian Banking Association CEO Anna Bligh said that sharing of data is a “watershed moment for competition in the banking industry”.