Author: Australian FinTech

Jul
24

Ignition Wealth to open in Ireland

Ignition Wealth CEO Mark Fordree has announced two significant appointments, with a view to opening Ignition Wealth Ireland.   Irish fintech expert Peter Oakes has joined the Ignition Wealth executive team as a member of the Advisory Board. Peter Oakes is renowned in the Irish financial services industry for his astute knowledge and innovative attitude. As a former senior executive at both the Central Bank of Ireland and Bank of America Peter holds an excellent international banking pedigree. As an early adopter, and advocate of financial technology and ‘regtech’ Peter will provide guidance to Ignition Wealth globally and advise on the current capital raise in Ireland.   In addition, leading […]

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Jul
19

BRICKX busts into Balmain with bricks from $140

BRICKX is offering Bricks in a house in Balmain from $140 from this Thursday.   CEO Anthony Millet expects BRICKX’s 13th property to be popular with investors looking for exposure to the sought-after residential real estate market in Sydney’s inner-west.   “BRICKX strives to make property investment affordable and we’re thrilled to provide access to this architect-designed freestanding cottage in Balmain at an entry price of $140 per Brick,” Mr Millet said.   CoreLogic figures show median house prices in Balmain have increased by 13 per cent per year over the five years to the end of April 2017.   The three bedroom, one bathroom house on Clayton Street has […]

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Prospa announced as NSW state winner in 2017 Telstra Business Awards

Prospa, Australia’s leading online lender to small business, has been awarded the 2017 Telstra New South Wales Medium Business Award in the 2017 Telstra Business Awards. Prospa is the first fintech company to be awarded the accolade and this year’s win follows the company’s third consecutive appearance as a finalist at the Telstra Business Awards. Over the past five years, Prospa has disrupted a previously traditional industry by transforming the way small business owners experience finance, injecting more than $400m into the Australian small business economy through over 12,000 loans to small business owners. Alongside this growth, Prospa has maintained extremely high customer satisfaction of over 90%, as well as […]

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CXi Software announce first client on their cloud based unit registry platform

New Australian fintech CXi Software Pty Limited (CXi) announce that Endeavour Securities (Australia) Limited (wholly owned by Linchpin Capital Group Limited) has gone live on its cloud-based unit registry platform CXi-Registry to facilitate full and simplified registry for Endeavour’s Investport Income Opportunity Fund.   “We chose CXi-Registry as we needed an investor registry solution that was simple, intuitive and efficient, and a solution that will integrate into a range of other systems” said Paul Nielsen, Joint Managing Director of Linchpin Capital.   Linchpin Capital is a Sydney based independent investment and capital advisory house operating across multiple asset classes, including; retail financial planning & wholesale investment advisory, Superannuation and funds […]

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Jul
18

Ignition Wealth launches low cost high compliance SMSF appropriateness tool

CEO Mark Fordree today announced the launch of the Ignition Wealth SMSF Appropriateness tool, a software technology solution automating the administration of the SMSF appropriateness process.   “This is a client-centric solution that ensures that investors considering establishing an SMSF are engaged, educated and empowered. It offers a low-cost easy to use solution.”. Mark Fordree, CEO, Ignition Wealth.   Ignition Wealth sets the benchmark in Australia as a business to business digital financial advice solutions provider. This technology solution has been designed to allow advisers, accountants and financial enterprises to reduce the time and cost of the SMSF Appropriateness process.   “Our clients are seeking smart technology solutions to drive […]

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Jul
18

Square and Vodafone team up to make business easier

Square is teaming up with Vodafone Australia to launch a first-of-a-kind offer which will help time-poor business owners across Australia start accepting card payments and run an integrated mobile point of sale in their business instantly.   Vodafone small business customers will now be able to source hardware, software and payments services in one place – with the inclusion of Square strengthening Vodafone’s stable of communication and business solutions.   Available now from selected Vodafone stores, the Square Reader for contactless and chip can be purchased for just $5 (RRP $59) when bundled with Vodafone’s 24-month $60-and-above Red Plans and $50-and-above SIM Only Red Plans.   To reduce costs for […]

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Local start-up, Stake beats US giant Robinhood to bring Australians free share trading

Stake have thrown the the Australian investment landscape into disarray by offering users simple and intuitive access to US equities, all at the lowest brokerage rates possible….$0…free. zilcho. Yes, the race to zero is over. US broker, Robinhood has over 61,000 Australians on its waiting list for zero commission trading, but an Australian start-up, Stake has beaten the Google backed venture to the line. Starting August 2017, Stake’s brokerage on trades will go to $0. Zero.stake.com.au This means Australians will: ● Invest globally more simply and affordably than the can locally. ● No longer have to invest in Banks, Miners or supermarkets ● Power the new world with their capital. […]

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Jul
13

CashDeck and MyMoney partner to educate on wealth management

CashDeck today announced that it has signed an agreement with MyMoney to provide personal wealth management software and financial education to over 1000 of MyMoney’s clients. The partnership will help MyMoney’s clients better understand their spending habits, allowing them to know at any given time what their money is doing. Graham Chee, Founder and CEO of MyMoney, a business that specialises in financial service solutions for self-directed clients, said he has recognised a noticeable shift in client behaviour in recent years. “Where once clients left everything in the hands of an adviser, these days they want to be across their finances and take more responsibility for their outcomes alongside their […]

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