Australian FinTech company profile #2 – Link4
In case you missed it on Tuesday, for exclusive members of Australian FinTech we’re going to do a Company Profile on each member company. We’ll then post it on our website, share it to our 10,000+ global social media followers and have it appear in our weekly newsletter which goes out to over 3,000 subscribers. Here’s Australian FinTech company No.2 – Link4 1. Company Name: Link4 2. Website: www.Link4.com.au 3. Key Staff & Titles: Robin Sands – CEO, Sam Hassan – CTO 4. Location(s): Adelaide, SA 5. In one sentence, what does your fintech do?: Link4 delivers invoices from one accounting system direct into another – including Xero, MYOB, QuickBooks […]
Arctic Intelligence warns many Australian businesses may be vulnerable to financial crime
Arctic Intelligence, a market-leader in financial crime prevention audit, risk and compliance software, warned today that many Australian businesses may be unaware that their internal risk assessment processes do not go far enough; leaving them vulnerable to money laundering, terrorist financing, sanctions and regulatory non-compliance. With organised crime is estimated to cost the Australian economy more than $36 billion a year (source: https://www.acic.gov.au/about-crime/crime-types), government regulations are tightening and the spotlight is on businesses who may be a target for financial crime, to ensure that they have appropriate controls and programs in place. The Australian Transaction Reports and Analysis Centre (AUSTRAC) is responsible for ensuring that more than 14,000 Australian businesses, […]
SocietyOne targets $50M through launch of Personal Loans Unit Trust
Australia’s leading marketplace lender, SocietyOne, is targeting $50 million through the launch of a Personal Loans Unit Trust designed to increase simplicity, liquidity, diversification, and access for its wholesale investors. The Trust will provide investors with a consistent monthly income stream and enhanced liquidity, with an expected return of 6 per cent per annum. It will invest in a diversified portfolio of SocietyOne’s fixed rate unsecured personal loans, and includes a reserving mechanism that smooths earnings across the portfolio. “We believe this new Unit Trust model will help to significantly simplify the experience of investing in our portfolio of personal loans, and provide investors with greater access to this asset […]
Australian FinTech company profile #1 – Investfit
For exclusive members of Australian FinTech we’re going to do a Company Profile on each company and post it on our website, share it to our 10,000+ global social media followers and have it appear in our weekly newsletter which goes out to over 3,000 subscribers. Here is our very first profile for Investfit: 1. Company Name: Investfit 2. Website: www.investfit.io 3. Key Staff & Titles: James Claridge, CEO, Co-founder Ed de Salis, Sales Director, Co-founder Gavin Daw, Technology Director, Co-founder Antony Pritchett, CTO 4. Location(s): Sydney 5. In one sentence, what does your fintech do?: Technology that helps financial advisors provide better, lower cost, lower risk […]
Square partners with Australia’s community banks to help regional SMBs go digital
Today, global payments provider Square, Inc. (NYSE: SQ) announced it is teaming up with Unity Bank, Southern Cross Credit Union and the WAW Credit Union in a string of regional partnerships that will give more small businesses outside of Australia’s capital cities greater access to innovative payments technology. Small businesses across regional New South Wales, Victoria and Queensland will be able to benefit from the new partnerships and will see affiliated branches provide access to the iconic Square card reader for contactless and chip for just $59. Customers will also receive fee-free card processing for their first $1,000 worth of sales to help them get started. Square’s Country Manager […]
DomaCom secures $50 million property funding facility with La Trobe Financial
ASX-listed DomaCom Limited (ASX:DCL) has today announced that it has partnered with La Trobe Financial to provide property investors using DomaCom’s fractional property investment fund with a credit facility. An initial A$50 million facility has been provided by La Trobe Financial that will allow investors to acquire approximately A$100 million of leveraged property through the DomaCom Fund. The facility will provide up to 60% leverage for investors and Self-Managed Super Funds (SMSFs) at a competitive 5.99% pa. Enabling the use of lending when purchasing investment properties is a key addition to the DomaCom product offering, which places the Company in a strong position to almost triple its Funds Under Management […]
Is the future of Artificial Intelligence tied to the future of Blockchain?
Since the beginning of modern times, each industrial revolution was driven by different automation. While factory machines and fossil fuels drove the previous industrial revolutions, the on-going automation revolution is based on data-driven artificial intelligence (AI). Understanding its impact and what will be required to support the AI-driven automation revolution is a fundamental necessity. So, as we evaluate the impact and the support needed to harness this automation revolution, it seems that at the center of this revolution is the growing need for computing power. There are indicators that raw computing power is on its way to replacing fossil fuels and will be the most valued fuel in the rapidly […]
The Winners of the 2019 Fintech Business Awards have been announced
The Winners of the 2019 Fintech Business Awards have been announced. Congratulations to all the Australian fintech companies and leaders – well done! Individual categories Femtech Leader of the Year Jodi Stanton – SendGold Fintech Entrepreneur of the Year Ruth Hatherley – Moneycatcha Fintech Mentor of the Year Peta Tilse – Sophisticated Access Fintech Thought Leader of the Year Charmian Holmes – The Fold Legal Fintech Business Excellence Award (Individual) Ruth Hatherley – Moneycatcha Company categories Accounting Innovator of the Year Class Limited Compliance Innovator of the Year Advice RegTech Financial Advice Innovator of the Year Myprosperity Fintech Start-Up Business of the Year Trade Ledger Insurance Innovator of the Year […]
