Author: Australian FinTech

Now you can buy Ethereum and alt-coins with cash at your local newsagent

The cryptocurrency revolution is coming to your local newsagent. Since 2016, enthusiasts have been able to purchase bitcoin over the counter in a local store via the blueshyft platform. Through a new partnership with CoinSpot, that has now been expanded to include numerous other cryptocurrencies, including Ether, the biggest rival to the dominance of bitcoin in the digital currency world.   blueshyft CEO Kain Warwick describes the new in-store offering as a significant improvement to the availability of Ether and other digital currencies for consumers.   “More Australians are becoming interested in cryptocurrencies beyond bitcoin. This partnership with CoinSpot now provides a simple method for consumers to buy many different […]

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Sep
20

You’re invited to the next FA-MIL: Fintech Australia – Meet the Industry Leaders

FinTech Australia in partnership with Grant Thornton, in the lead up to Intersekt Festival Australia’s first FinTech Festival, are hosting a series of evening events around Australia to help you understand how to make the most of Australia’s tax incentive programs, aimed at FinTech organisations. The Australian Fintech Community are welcome to register with the FA Member Ticket Type to attend for FREE (saving $48) At this seminar, experts will cover: Advantages of Research & Development (R&D) Tax incentives – you are eligible for more than you think! Alternative options to working capital Presenters: Sukvinder Heyer, Grant Thornton (Syd & Mel) Steve Andreazza, Grant Thornton (Adel, Per, Bris) David Wier, […]

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Sep
19

Australian FinTech Jobs hits the ground running

Australia’s only fintech employment platform, Australian FinTech Jobs, had barely launched when it made news around the world. Within 48 hours of the website’s launch, the employment platform made the press in New York, London, throughout Australia and across various other international business websites. “It’s very, very early days, but the positive feedback we’ve receiving is overwhelming,” says CEO Cameron Dart, “we are a bit surprised by the amount of support but obviously a dedicated employment site like this was need for Fintech in Australia.” In just over 4 weeks, more than 75 Fintech companies and recruitment firms have registered to use Australian FinTech Jobs. To date, some of the […]

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Sep
18

Evari’s success is all about having its head in the cloud

Australian business insurance is about to be turned on its head with Insurtech, Evari, set to create waves with its integrated, online insurance platform that makes obtaining and managing insurance quick and easy for small business. Evari’s cloud-based insurance platform is the first of its kind in the world, with no other provider offering fully digital, tailored insurance focussed at the small business sector, starting with cafes, restaurants and small retailers. Evari CEO, Mr Daniel Fogarty, says the insurance platform is a win-win for small business. ‘By integrating the insurance platform with a business’s cloud accounting software, we are alleviating the pain points with regard to how they obtain their […]

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Sep
14

Consumers and businesses win in private company equity crowdfunding bill changes

FinTech Australia has welcomed significant changes to draft legislation allowing private companies to crowdfund equity, which will ensure investors are protected while at the same time delivering reduced costs and red tape for companies. The draft crowdfunding legislation was introduced into the Australian Parliament today. The legislation is expected to provide a new fund-raising tool accessible by hundreds of thousands of Australian businesses, who will be able to crowdsource up to $5 million a year from retail investors, capped at $10,000 per retail investor, in return for equity in their company. “We’re pleased to see the recent rapid progress in the development of this draft legislation, and in particular the […]

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Sep
13

Expensify finishes first year in Australia with 220% customer growth

Just one year after officially setting up shop in Australia, Expensify announced today that its APAC-based clients have doubled over the past year, contributing significantly to the company’s growth. New Expensify customers in the region include La Trobe University, Xero, Oaks Hotels and Resorts, and Atlassian, as well as many small businesses. This major milestone comes just after Expensify’s recent announcement that the expense reporting app now serves more than five million users worldwide, having doubled its global customer base since early 2017.   Beyond impressive customer growth, Expensify’s expansion in the region has included new partnerships, integrations, and product improvements, such as: Welcoming BDO Australia, Growthwise, and Adaptable into […]

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Sep
11

Two Australian fintechs selected to help develop payments solutions for the world

Two Australian fintech companies have beaten entrants from across the world to be selected among five finalists in a global payments industry challenge, where they will work to develop new cross-border solutions for thousands of banks. Assembly Payments and CurrencyVue have been selected to take part in the SWIFT gpi Industry Challenge in Singapore on 13-14 September. As part of this challenge, the two well-established financial technology companies will work with 30 banks to develop new services for SWIFT’s more than 11,000 financial institution members across 200 countries, leveraging its SWIFT global payment innovation (gpi) service. Two winners will emerge from the Singapore event and will be featured at Sibos […]

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Sep
08

Macrovue announces two new executive hires from Macquarie and BT

Macrovue, an investment service backed by AMP, continues to grow its executive team, announcing the appointment of Sriram Seshadri as its Chief Technology Officer (CTO) and Maz Zaman as Head of Sales. Macrovue offers a leading-edge platform to invest in thematic portfolios of global companies. The portfolios are constructed using in-house research, giving Australian investors unprecedented access to international markets. The two new hires further bolster Macrovue’s strength in global markets. Sriram Seshadri, formerly an Associate Director with Macquarie Group and a Senior Developer with Goldman Sachs, brings even more international expertise to Macrovue’s leadership team as its new CTO. Seshadri has more than 20 years experience building commercially successful […]

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