Paying bills just got easier with Easy Bill Pay
Financial services company, FSA Group LTD launches Easy Bill Pay, a bill payment service which allows users to pay and store bills and organise their finances quickly, easily and conveniently. As many as a third of Australians pay their bills late and this can cost them money and affect their credit report. On average a late fee of $24 is charged and that adds up. A survey conducted by a major bank in 2016 concluded that Australians were charged $286 million dollar in late fees in 2016. There are many reasons people pay their bills late and it can be as simple as forgetfulness, disorganisation, time poor or lack of […]
Compare Your Life’s iFace Technology is embraced by users
Melbourne based firm Save U has partnered with Cloud technology provider iFace (Compare Your Life) to start consolidating the need for multiple software applications. Save U’s CEO, Stephen Clarkson is impressed with the efficiencies the software has brought to his business. ‘Our decision to purchase was made in the initial presentation, as the quality of the software and the utilisation of the most up to date technology made the choice incredibly easy to make. We had been searching for a solution for 3 years, and this ticked all the boxes that we were looking for. The migration from our legacy product was seamless and after 15 minutes of […]
Milestone for equity crowdfunding in Australian with ASIC licence approval
OnMarket will be one of the first businesses in Australia to raise capital this year through ‘the crowd’, following the Australian Securities and Investments Commission’s approval of its equity crowdfunding licence. Equity crowdfunding brings entrepreneurs and retail investors together for the first time and is only now possible following today’s licence approval. Equity crowdfunding enables Australian retail investors to contribute as little as $50, or as much as $10,000 in a business. The new licenses follow federal legislation announced last year. OnMarket will bring investment opportunities through Australian businesses to ordinary Australians through its online platform and app. Investors will be connected to Australian businesses like Revvies, which […]
Equitise launches Australia’s first Equity Crowdfunding with Neobank Xinja
Australians will be able to invest as little as $50 in emerging startups and small businesses with the launch of Equitise’s new equity crowdfunding offering. Equitise has secured Australia’s first retail equity crowdfunding licence through ASIC, with neobank Xinja becoming the first company to raise capital from the public. Investors will be able to invest as little as $250 in Xinja, with a minimum target of $500,000 through Equitise, as a part of the neobank’s current fund raising round ahead of its 2018 product launch. Equitise co-founder Chris Gilbert said before now, this early stage investment was only available for high net worth investors or venture capitalists. […]
Local FinTech Jacaranda Finance commits to providing positive credit reporting data
Following the Australian Government’s announcement of the introduction of comprehensive credit reporting (CCR), many lenders and other financial institutions are following suit with the aim of creating a more accommodating platform for consumers. This platform will allow for consumers to get a better deal from lenders based on a more accurate representation of their own financial circumstances. The foundation of financial lending is built on the concept of helping those in need. However, it is common practice for lenders to enforce a different criteria for consumers with bad credit, as a negative history may lead lenders to question the reliability of the client. In line with responsible lending obligations, […]
Welcome Fintech Fans to 2018!
And welcome to Australia’s #1 FinTech employment platform – Australian FinTech Jobs Since the launch of AustralianFinTechJobs.com.au in late 2017, over 600 candidates have registered and 100+ FinTech companies and recruitment firms have posted more than 125 jobs for the FinTech industry. The site doesn’t just cater for finance or technology roles, it’s there for every role within a FinTech company from interns to the CEO. In addition, the site is also used for non-FinTechs, such as banks and financial planners etc, who are looking to hire for a specific FinTech role. We’ve also partnered with Indeed.com – one of the biggest employment advertisers in the world – and any […]
Putting the service back into ‘Financial Services’
Founded in 1998, well before Fintech had emerged as a moniker for disruptors in the finance industry, OFX (formerly OzForex) has been at the forefront of international money transfer services for nearly 20 years. From humble beginnings in a garage in Dee Why, the company has grown from an information only facility, providing up to the minute insights to the best available foreign exchange rates, to a global organisation, handling over $100B in transactions. Fuelled by a desire to ‘give Australians a fair go’ when it came to foreign exchange, the Company has consistently stuck to its ‘fair go’ and ‘great service’ roots. Developing partnership networks with a panel of […]
Australian fintech company BRICKX has had a 2017 to remember
It’s been a BIG year for Australian fintech company BRICKX. In the last 12 months BRICKX has: Helped more than 6,000 people access property investment Expanded our portfolio to 14 properties across three States Grown to 15 dedicated team members Attracted investment from the Westpac backed venture capital firm Reinventure BRICKX also won a swag of awards including: REA’s Excellence Award for Game Changer of the Year CANSTAR’s Innovation Excellence Award Talent Unleashed’s Best Startup for Tech or Digital Innovation Fintech Australia’s FINNIE for Excellence in Establishing Market Presence Fintech Business Award for Platform Innovator of the Year FinTECH Award for Best FinTech Communications Campaign What’s next? By […]