Picturewealth app that lets you take a ‘welfie’ pic of your finances raises $1.2m
A Perth start-up that claims to offer a snapshot of your finances – dubbed a “welfie” – has raised $1.2 million, led by the financial planning group that will distribute its app first. The funding for PictureWealth shows the excitement around personal budgeting fintechs created by the likes of Acorns and Pocketbook – both of which have raised millions in Australia – continues to spread. PictureWealth claims to allow users to aggregate information on all their assets, debts, expenses and insurance policies, viewable on one PC or smartphone screen at one time. “Until now, there hasn’t been a single space where people can view a picture of their personal wealth. […]
Global finance innovator Neal Cross appointed to Peppermint board
Peppermint Innovation Ltd is pleased to announce Mr Neal Cross will join the Company’s Board of Directors as a Non- Executive Director.
Fintech start-up becomes $2b wealth player with WA acquisition
Fintech start-up PictureWealth has acquired Perth-based Neo Financial Solutions and completed a $12 million equity and debt raise.
Thank You & Merry Christmas!
From the team at Australian FinTech, we’d like to say a massive THANK YOU to everyone who has supported us over the past 12 months.
Myprosperity partners with $6.2bn platform
Myprosperity has partnered with an ASX-listed investment and superannuation platform provider to give clients whole-of-wealth solutions. Clients can now access HUB24 assets via myprosperity. HUB24 director of strategic development Jason Entwistle said by opening up the HUB24 platform and sharing data, it provides advisers and accountants the freedom to choose the technology solutions that provide the best experience for them and their clients. Former Xero Australia managing director and Myprosperity chief executive, Chris Ridd, said centralising clients’ wealth in one place creates massive opportunities for advisers. “By minimising time spent on administrative tasks, and providing their clients a bespoke wealth portal powered by live data feeds, advisers can grow their […]
