UK fintech GoCardless expands to Australia
UK fintech GoCardless, the online payments business simplifying Direct Debit, today announced that it has opened an office in Melbourne. GoCardless, which already serves more than 35,000 businesses every month across the UK, Eurozone and Nordics, is now able to offer businesses in Australia a better way to collect recurring payments. GoCardless will help the more than two million small businesses in Australia to improve their cash flow and cut the time they spend on administrative tasks, by making it easy to set automatic payment collection dates and automatically reconcile payments from within billing platforms like Xero. GoCardless’s intuitive API technology and integrations with subscription software including Chargebee and Zuora, […]
Fintech dwarfs Big Four at finder Awards, winning Best Home Loans & Tech Innovation
Tic:Toc, the fintech lender offering the world’s only instant home loan, was awarded Best Owner Occupier Home Loan – Variable; Best Investor Home Loan P&I Variable; and Best Tech Innovation, at the finder Awards held in Sydney last night; identifying the best value finance products across 20 categories. Tic:Toc founder and CEO, Anthony Baum, said the awards recognised the immense value Tic:Toc brings Australians. “It was so exciting for us to receive yet another source of validation for us that we’re filling a real need in the home loan market. It’s an industry that has been ripe for disruption, and we’re proud to have made such a big impact on […]
Stone & Chalk appoints new Chairman and Board, prepares for ‘scale-up’ phase
Asia’s largest fintech innovation hub, Stone & Chalk, is today announcing the appointment of a new chairman and suite of new board members, as it prepares for its next phase of growth, transitioning out of “start-up” mode to “scale-up” mode itself. After the conclusion of Stone & Chalk’s AGM in November, Leona Murphy, who had already served for three years on the board, will move up and replace Craig Dunn as Chairman, whose three-year term was set to expire. Speaking on Craig’s departure, Stone & Chalk CEO, Alex Scandurra, said; “I will forever be grateful to have served as CEO alongside someone with the wealth of knowledge, experience, and passion […]
OnMarket celebrates significant milestone: 100 transactions in 1,000 days
Digital investing platform OnMarket BookBuilds has recently completed their 100th transaction. OnMarket launched its B2C platform in October 2015, approximately 1,000 days ago. OnMarket, which is now approaching 50,000 members, provides retail investors with access to over one third of all IPOs on the ASX. OnMarket also offers equity crowdfunding after being granted an equity crowdfunding licence by ASIC in January this year, enabling its members access to innovative early stage and growth stage companies. OnMarket has raised over $65.7 million across the 100 transactions it has successfully completed. OnMarket CEO Ben Bucknell stated “Never before have Australians had access to investing into early stage companies and IPO companies like […]
When ‘it’ happens, SocietyOne urges us not to reach for the credit card
Australia’s pioneering and leading marketplace lender, SocietyOne, has launched an integrated marketing campaign to capitalize on the fast-approaching holiday season, where demand for consumer credit typically jumps with increased expenditure on festivities and gifts. The campaign, entitled “When ‘it’ happens”, highlights how even positive situations can put financial strain on even the most savvy Australians. It tells the story of ‘regular guy’, Dave, who is financially in control until a series of unexpected events blows his budget out of the water. SocietyOne saves the day by rewarding Dave’s good credit rating with a low-rate personal loan, saving him from resorting to a credit card – which can often become a […]
A first for Australian fintech: SocietyOne becomes first Aussie P2P to hit $500M in lending
SocietyOne has today become Australia’s first and only marketplace lender to reach $500 million in loan originations across its personal loan, agri lending and marketplace business, and is now setting its sights on reaching $1 billion by the end of calendar year 2019. The milestone follows a record August and the recent appointment of ex-Westpac and Citibank exec, Mark Jones, to the top job of CEO. “We’re delighted to have reached this significant milestone as we deliver an even better deal for our borrowers and investor funders,” said Mr. Jones. “We’ve been growing steadily over the past 12 months while we continued to transform our business and build new capabilities […]
Financial Planners set to benefit from YTML and SuiteBox partnership
Financial advisers have been given another boost in the race to digitalise their businesses with the recent tie-up between SuiteBox, a virtual meeting platform designed for financial risk compliance, and YTML, creator of Seido, an integration hub that connects fintech applications that results in a more efficient way to deliver advice. The partnership between YTML and SuiteBox sees the Seido Integration Hub connect directly with SuiteBox’s virtual meeting software, allowing advisers and their clients to meet, discuss and close business by combining face-to-face video meetings, document sharing and digital signing – recorded, compliant and available for regulatory scrutiny. The direct integration into the Seido platform, an integration hub designed by YTML […]
Midwinter integrates with Class
Australian based financial advice technology provider Midwinter Financial Services has today announced its integration with Class, a leading provider of cloud software for administration and reporting of SMSF and non-super investment portfolios. This particular integration will allow users of both Midwinter’s AdviceOS and Class to sync and replicate portfolios from Class into Midwinter’s AdviceOS, and allows users to update portfolio balances in AdviceOS overnight. The integration also allows for Class funds to be prepopulated, updated and used throughout AdviceOS like a normal portfolio. The new integration marks another significant development in Class’ strategy to support advisers in the efficient delivery of advice, enabling effective collaboration across advisers, accountants and their […]
