Wisr delivers EBITDA profitability on increased loan originations
Wisr has delivered EBITDA of $0.8 million, driven by continued Net Interest Margin expansion from front book repricing initiatives and improved funding margins.
ASX-listed Earlypay announce increased net profit and cash flow
ASX-listed Earlypay’s half-yearly net profit is up 24% to $2.6 million and operating cash flow of $4.8 million is up 186%.
Australian FinTech hits 50,000 social media followers
Australian FinTech, the #1 source of fintech news and information in Australia, has just reached 50,000 social media followers.
Grapple acquires Spenda’s invoice finance portfolio for $2 million
Australian Lendtech and SME financier Grapple will acquire the invoice finance portfolio of ASX-listed Spenda for $2 million.
Airwallex appoints Jennifer Snell as Director, Marketing, ANZ to lead its marketing efforts
Jennifer Snell has been appointed Director, Marketing, ANZ for Australia-founded fintech unicorn, Airwallex.
Iress announce massive turnaround and annual net profit in excess of $88 million
ASX-listed Iress have today announced its financial results for the full year ended 31 December 2024 (FY24), with the key feature being delivered Statutory Net Profit After Tax of $88.7 million.
Loopit secures major partnerships in the USA with Avis Budget Group franchisees
Australian mobility technology startup Loopit has cemented its position as a global leader by securing partnerships with three major Avis Budget Group franchisees in the United States.
New data from Independent Reserve reveals record crypto adoption in Australia
Crypto adoption is growing, investment strategies are evolving, and seasoned investors are seeing better profits.