Payments fintech startup Sniip, launches first ever digital bills with push notifications
Toowoomba Regional Council is leading Australia in digital billing, by partnering with Australia’s first bank-agnostic payments and billing app, Sniip, to launch a patented “m-billing” function that will alert ratepayers of Council rates and water bills via push notifications directly on their smartphones. Ratepayers can opt into the function by registering for m-billing in the Sniip app, from which point they will receive future bills directly into the app via push notifications and can pay in a few simple clicks, without inputting any extra data or leaving the app. The end-to-end paperless solution is expected to drastically reduce the Council’s overheads and carbon footprint by helping them transition […]
Prospa named as #1 high-growth company in APAC on FT 1000 list
The Financial Times, in partnership with Statista, has identified Asia-Pacific’s top 1,000 high-growth companies. With high growth a signal of underlying demand, the FT 1000 list, which was published this week, highlights the major players driving economic growth within the APAC region. Sydney-based online small business lender, Prospa, has been identified as the top high-growth company in Asia Pacific. The list is dominated by technology companies, suggesting innovation and disruption are key drivers of growth across the regions key markets. Countries included in the research are Japan, South Korea, India, Australia, Hong Kong, Taiwan, Singapore, New Zealand, Malaysia, Indonesia and the Philippines. 138 companies from Australian and New Zealand make […]
The New Payments Platform Launches
Payments infrastructure that enables customers with accounts at different banks, building societies and credit unions to make real-time data-rich payments to each other any time of day, any day of the year, will commence rolling out to the Australian public from today. The New Payments Platform went live in November last year and has supported funds transfers between employees at a number of different banks, building societies and credit unions. The Platform’s public launch occurred in the very early hours of this morning — at 12.01am to be precise — when CEO of NPP Australia Adrian Lovney marked the occasion by making a donation to the Alannah and Madeline […]
Aussie Regtech secures recognition as leader in Compliance Innovation space
Leading Australian RegTech Lucsan, has been announced as a Fintech Business Awards finalist in the Compliance Innovator of the Year category. As one of the 10 nominees contending the award, Lucsan is thrilled to be named alongside some of the industry’s best in class by being acknowledged as a leading organisation making a contribution to the rapidly growing RegTech and fintech communities. The exciting development further signify Lucsan’s presence as an in-demand RegTech. It also follows on from the announcement late last year that one of Australia’s largest financial services technology providers, IRESS, took a minority stake in Lucsan. Additionally, Lucsan recently welcomed former ASIC man, Stuart Frith, as their Group […]
Moneysoft partners with managedaccounts.com.au
Moneysoft has partnered with managedaccounts.com.au to offer its personal money management solutions to all financial planning practices using the ASX-listed online platform provider. Under the agreement, advisers receive preferential pricing on both Moneysoft Lite and Pro. Those tools enable them to provide additional client services, build greater engagement and unlock further efficiency. Managing director of managedaccounts.com.au, David Heather, said that there is a natural alignment between the two companies with their shared focus on empowering advisers and their clients. “The growth in managed accounts is part of an industry-wide shift to more transparent and efficient investing. Pairing our next generation platform with Moneysoft’s money management, cash flow and budgeting services […]
Australian FinTech partners with Spotcap Australia
Australian FinTech is delighted to announce our official partnership with Spotcap Australia, in a movement to continue fostering a thriving environment for fintech. This new partnership is a step towards growing the support network and shared knowledge between Australian fintech businesses. Spotcap provides Australian SMEs with unsecured business loans from $10k to $400k for up to 24 months, with flexible repayment schedules. As an innovative online lender, Spotcap has developed a proprietary credit algorithm that leverages real-time business data, allowing them to provide funds quickly and with convenience. Spotcap’s fast and seamless online application process reflects their purpose of making finance effortless, taking less than five minutes to […]
Link4 Australia gears up for international expansion
Adelaide FinTech company Link4 recently launched their new office space on Waymouth Street to give the company more space to grow as they expand internationally this year. Renew Adelaide and the Adelaide City Council hosted a launched in the new space to celebrate Link4’s achievements so far and to support the company for their exciting year ahead. In this new space, the Link4 team has already grown to strengthen their support and management teams, offering a well-rounded experience for their clients. “Our team is set to double in four months when we expand our product to the United Kingdom and New Zealand,” said Robin Sands, CEO and Co-Founder of Link4 […]
Local digital currency exchange Independent Reserve adds two new execs, turns to institutions
Independent Reserve, the Australian Digital Currency exchange, has added two executives to its senior management team as the company turns its attention to its growing stable of institutional and SMSF clients. Roman Stefanidi joined Independent Reserve as Chief Technology Officer in August, and Lasanka Perera as Head of Strategy in October. CEO Adrian Przelozny said the firm was now well positioned to grow as it focuses on institutional clientele. “Digital Currency has reached a level of awareness now where we’re seeing investors who have been waiting on the sidelines starting to enter the market,” he said. “Factors like the the new regulation by AUSTRAC, emerging ETFs and crypto […]
