Moneysoft expands team with eight new appointments
Moneysoft has appointed eight new staff in response to growing demand for its suite of personal financial management solutions. This expansion boosts Moneysoft’s frontline account management and client service teams including increased support capability. It follows strong uptake of the company’s core cashflow as a service software and the recent launch of its Round-ups solution. The new appointments are in account management, product development and support, as well as new hires in the sales team. Moneysoft’s Australian team now numbers 18 full time staff. In addition, Moneysoft has increased its offshore capability with nine additional staff in Europe dedicated to mobile application design, development and testing. “Moneysoft has grown rapidly […]
Startup Muster report outlines Australia’s fintech strength
Fintech has strengthened its position as Australia’s most popular startup sector among company founders, according to a major survey released today. The Startup Muster 2017 report is based on responses from 2,214 people to an August 2017 survey, including 1,184 people who identified themselves as a startup founder. The report finds that 19.7% of startup founders nominated fintech as their industry, up from 15.9% in 2016. Overall, fintech remains the number one startup sector for founders in Australia for the second year in a row. The report also lists fintech as one of the top five industries targeted by startup supporters such as mentors, professional services firms and coworking spaces, while […]
Loan fintech launches recruitment drive
Digital mortgage service uno has embarked on a new recruitment drive to expand the firm’s staff by 50% over the coming six months. This initiative has been the result of recent insights gained from consumers – learnings which have grown the business rapidly over the past few months, uno founder and chief executive officer Vincent Turner told Australian Broker. “As a result, we’re ready to take this up a notch,” he said. uno is now recruiting across three separate roles within the company: consultants, home loan advisors and support. “A lot of what people are joining uno for is we have a massive focus on the training and mentoring approaches […]
Collaboration with industry and regulators key to enhancing RegTech innovation
Industry delegates gathered at a high-level event in Singapore on the 16th of November, calling for financial institutions and regulators to work more collaboratively with start-ups to enhance RegTech innovation across the region. Hosted by Deloitte, Austrade and The RegTech Association, the event was held as part of Singapore’s inaugural FinTech Festival, and was attended by the Australian High Commissioner, the Hon. Bruce Gosper. At the event, industry influencers, government officials, tech start-ups and entrepreneurs came together to discuss strategies for driving cross-industry and cross-border collaboration, and opportunities to safeguard against financial crime with RegTech solutions. Julian Fenwick, Chair of The RegTech Association and Managing Director of GRC Solutions, a […]
Looking to Hire in Fintech? Australian FinTech Jobs is the answer
Since launching just over 10 weeks ago, Australian FinTech Jobs, the only dedicated Fintech employment platform in Australia, is already achieving the goals it was designed for. “Our intention for Australian FinTech Jobs is for quality, not quantity. The other large behemoth job sites can and will provide the quantity, but as we’re proving, we’re providing the right candidates,” CEO Cameron Dart announced. “Across the board, the feedback we’re getting is certainly encouraging – the number of applications are lower than our massive competitors, but the candidates are of a higher calibre. And in many cases, the hired jobseeker has come from our platform,” Dart continued. AustraliaFinTech.com.au, the No.1 website […]
10 Australian Fintech companies in the 2017 Fintech100
The Fintech100 represents the most innovative companies, creating products and services at the juncture of technology and financial services who are seeking to disrupt the existing processes and products that dominate the marketplace, with fintech companies from 29 countries featuring in this year’s 100. Congratulations to the Australian Fintech companies who made the H2 Ventures KPMG 2017 Fintech100 Top 50: 24. Prospa 37. zipMoney 44. AfterPay Touch And congratulations to the following Australian Fintech companies who made the Fintech100 Emerging 50: Airwallex Cover Genius Hyper Anna Macrovue MoneyMe Tic:Toc Valiant
BRICKX receives investment from Reinventure
Fractional property investment firm BRICKX has secured investment from the Westpac-backed venture capital firm Reinventure, in its Series A funding round. The Fintech, that provides access to residential property by enabling Australians to buy “Bricks” in individual property trusts, is not only tackling housing market accessibility but proving to be popular with those saving for a home deposit. BRICKX CEO Anthony Millet is proud to have formed this strategic partnership with Reinventure. “We look forward to working with Reinventure, who are wholeheartedly aligned with the BRICKX vision in providing a product which addresses the growing problem of housing affordability and investment accessibility,” Mr Millet said. “Over […]
Global Corporates chasing technology innovation in banking
Some of the world’s largest enterprises are prepared to switch financial providers should their banks not keep up with technological innovation, new research from East & Partners has found. According to the exclusive report, titled Financial Technology and the Corporate, around 13 percent of corporates have either partially or fully switched banks in direct response to newly released financial technology solutions, with a further 20 percent currently considering doing so. The research is based on direct interviews with 737 corporate treasurers and chief financial officers (CFOs) from the Top 100 firms across eight key markets including Australia, China, France, Germany, Hong Kong, Singapore, the UK and USA. […]
