Aus fintech sees strong H1 2019, despite global decline
Australia’s fintech start-ups raised US$401 million in H1 2019, compared US$122 in H1 2018, an increase of 229%, according to Accenture research.
Australian fintech investment subdued in H1’19, as market pauses ahead of future growth: KPMG Pulse of Fintech
While IPOs are not tracked by the Pulse of Fintech report, it noted Australia has been an exception when it came to fintech IPOs.
Verrency completes $10 million Series A raise
Australian payment innovation company, Verrency, closes a $10 million Series A funding round, bringing total investment in the company to over $20 million
Prospa lists on the ASX
Prospa Group Limited are pleased to announce the company has been admitted to the official list of the ASX following the successful completion of the IPO.
A record $117 billion in fintech deals have been done this year as cashless payments soar in popularity
Fintech-targeted mergers and acquisitions has increased rapidly over the last five years, and the value of deals in the space has hit a record high in 2019
MYOB votes are in; shareholders hand keys to KKR
Aussie blockchain investor goes global
London threatening San Francisco’s fintech unicorn dominance, research says
London could soon overtake San Francisco as the fintech (financial technology) unicorn capital of the world, according to a new study. Of the world’s 29 fintech unicorns – private companies valued at more than $1 billion – nine are based in San Francisco, while seven are headquartered in London, the research published Tuesday said. The report, by London-based recruitment firm Robert Walters and research group Vacancy Soft, said London was “showing signs of potential to threaten San Francisco’s historic dominance of the market.” It noted that London’s fintech sector received more venture capital (VC) funding than any other EU city in 2018, securing 39% of all European fintech funding. Berlin’s […]
