BPAY Group develops BPAY BatchMaker and partners with QuickBooks
BPAY Group, Australia’s leading payments provider, has announced its latest innovation, BPAY BatchMaker, a product helping small businesses to pay multiple suppliers at the same time. As part of BPAY Group’s growing portfolio of developing innovative products for the Australian market that solve customer pain points, BPAY BatchMaker helps makes it easier for small businesses to pay multiple bills and create efficiencies by reducing manual processing. BPAY BatchMaker’s first partner is QuickBooks, the global leader in cloud accounting, with 2.8 million subscribers worldwide. The BPAY BatchMaker app is now available to QuickBooks customers, free of charge*, via the QuickBooks app store. The new application is an easy and convenient way […]
First Australian digital currency exchange regulated: Independent Reserve
Independent Reserve, the Australian digital currency exchange, yesterday became the first Australian exchange of its kind to be regulated. Independent Reserve is the first exchange to be regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC). Set up in 1989, AUSTRAC ensures Australian institutions conform to the required standards around Counter-Terrorism Financing and Know Your Customer rules. CEO Adrian Przelozny said the regulation represented a huge leap forward for the local digital currency industry. “We have been lobbying for increased regulation since we opened for business in 2014,” he said. “We passionately believe that the digital currency economy will – and should – become just another part of the mainstream […]
ONLY 6 days left to enter 2018 Finnie Awards
Entries are now open for Australia’s only industry-backed awards. FinTech Australia together with the NSW Government’s Jobs for NSW has come together to launch the 2018 Finnie awards. A total of 23 awards will be on offer, including FinTech Organisation of the Year, FinTech Leader of the Year, Female FinTech Leader of the Year and Emerging FinTech Organisation of the Year. In addition, fintech companies will have the opportunity to be recognised for excellence in sectors such as lending, wealth management, payments, crowdfunding, blockchain, artificial intelligence and regtech. For this year’s awards, a new award category has been introduced for the best fintech user experience/design outcome. Enter now! https://finnies.awardsplatform.com/ […]
Have you checked Australia’s only FinTech jobs platform?
Australian FinTech, the No.1 site for all things ‘fintech’ in Australia also runs Australia’s only dedicated fintech jobs platform, AustralianFinTechJobs.com.au Our mantra of ‘quality not quantity’ candidates is already proving successful according to leading FinTech companies and recruitment firms. And it’s not just for finance or tech jobs – Australian FinTech Jobs has seen roles from interns to the CEO and everything in between. Think of it as ‘Seek.com for FinTech’ where 10,000+ unique users visit each month. Candidates can apply through our site or directly to a specific URL/link on your website/job management platform so all the applications are in one spot. You can also showcase your company by […]
Equitise finalises Australia’s first equity crowdfunding with Xinja raising more than $2 million
Equitise is finalising Australia’s first equity crowdfunding offer, with aspiring neobank Xinja raising more than $2 million as it prepares to launch products designed to transform the banking experience for Australians. One-in-four investors have committed the minimum $250 for Xinja’s crowdfunding raise. Almost 7-in-10 have committed less than $1000, highlighting the accessibility of equity crowdfunding for regular investors, not to mention the opportunity for startups willing to work with them. Xinja’s capital raise was the first full retail equity crowdfunding offer to go live in Australia and is still open to investors until March 31. Equitise co-founder Chris Gilbert said the success of the raise underlines the willingness of everyday […]
Ignition Wealth announces new CEO Manish Prasad
Ignition Wealth Co-Founder and inaugural CEO Mark Fordree today announced the appointment of Manish Prasad to the role of CEO of Ignition Wealth. “On behalf of the Ignition Wealth Board, executive team and staff, we are extremely pleased to have engaged Manish Prasad to lead Ignition Wealth. Manish is a deeply experienced and well respected financial services executive, whose expertise and knowledge will guide Ignition Wealth as we continue to grow.”, said Mark Fordree, Executive Director, Ignition Wealth. Manish is a highly credentialed financial services executive with deep domain experience in financial advice across all channels and segments. Manish’s career includes senior roles globally for NAB/MLC, AMP/AXA, Genesys Wealth Advisors, […]
Australia’s first equity crowdfunding deal closes successfully
Equity crowdfunding platform OnMarket has successfully closed Australia’s first equity crowdfunding offer. Revvies Energy Strips Limited (Revvies) has become the first company in Australia to raise capital by utilising the government’s new equity crowdfunding legislation. Equity crowdfunding is the new way for everyday investors, mums and dads, and the millennial generation to invest in early-stage and growth-stage businesses. Where traditionally, this capital raising space was dominated by wealthy individuals, venture capitalists and angel investors, now everyone is able to handpick a company, invest and gain a stake. OnMarket founder Ben Bucknell said “Equity crowdfunding brings entrepreneurs and consumer investors together for the first time, and that is what we have […]
Sydney Angels funds QPay $570k to steal millennial students from banks
Australia’s first ever student marketplace app, QPay, has raised $570,000 from a series of high profile investors, including Sydney Angels and the Sydney Angels Sidecar Fund 2, to break into student banking through the release of a student-targeted QPay MasterCard. QPay aims to use the QPay MasterCard to capture the largest cluster of millennial consumers at the point when they’re most likely to begin making serious financial decisions – when enrolled in tertiary education. “University is the time when life decisions start to become quite future-focussed, especially regarding our finances,” said Andrew Clapham, Co-Founder of QPay. “We might be weighing up the amount of student debt we can responsibly accrue, […]
