Prospa reaches $200 million milestone
Australian leading fintech, Prospa, announced the company has hit $200 million in loan originations – cementing itself as the leading force in Australia’s non-bank finance sector. The milestone announcement coincides with the company securing additional capital from a large local institutional funder for its latest financing round, taking total capital raised to over $100 million. Beau Bertoli, Joint CEO of Prospa, said the additional $50 million debt capital raising is part of Prospa’s strategy to scale operations. “This is a significant milestone for our business. It means we can meet increasing demand from small businesses for fast, easy access to finance. And it means we can continue […]
Leading Australian Legal FinTech expert Claire Wivell Plater joins Ignition Wealth Advisory Board
Ignition Wealth CEO Mark Fordree has announced the appointment of Claire Wivell Plater to the Ignition Wealth Advisory Board. “Claire Wivell Plater is a leading Australian expert on compliance and regulatory issues and concerns. Claire’s knowledge, insight and innovative approach will assist Ignition Wealth as we ongoingly develop our digital advice solution. We believe working with industry leaders like Claire will allow us to maintain our position offering a best in class product.”. Mark Fordree, CEO, Ignition Wealth. Claire is a long standing member of the Business Advisory Committee to ASIC’s Licensing Division, and a member of the Federal Treasurer’s FinTech Advisory Group. She is an active supporter […]
AtlasTrend completes $2.8m capital raising
Australian based fintech and global equities fund manager, AtlasTrend, is pleased to advise that it has completed a capital raising of $2.8m to grow its online investment platform and progress its continued disruption of the trillion dollar traditional funds management sector. AtlasTrend provides retail and sophisticated investors with online access to proprietary investment insights and an easy way to invest in four exclusive global equities funds, with portfolios aligned to global investment megatrends focused on where the world is heading – Big Data, Online Shopping, Healthy Lifestyle, and Baby Boomers. AtlasTrend completed the capital raising through new and existing investors, with notable investors including some of the early backers of […]
Findex launches Family Office in Australia
Findex, Australia’s largest privately owned accountancy and financial advisory firm, today launched Family Office, an entirely new financial offering that gives individuals and businesses a single point of contact to build and maintain their wealth. For the first time, clients of Findex will gain access to their own office of financial and business advisory specialists for their personal and business affairs. Their adviser will act as a single point of contact and provide access an expanded suite of services under the one umbrella. These range from tax, wealth management, risk consulting, lending, insurance, self-managed superannuation, audit and assurance, management consulting to business advisory and more. The offering builds on the […]
FinTech Security from the team at Entersoft
Security forms the foundation of the financial services industry. One side is the cautious, steady moving world of banks and financial institutions while the other is the dynamic, entrepreneurial environment of software and technology companies which are moving into the FinTech space. Aside from convenience, keeping customer information secure is the biggest responsibility of all FinTech companies. A single security breach can be a big blow to the reputation of a financial institution. The rapidly emerging fintech sector is throwing up serious challenges in this extremely important area. And the issue is as much related to cultures as it is to technology. Here is a comprehensive set of resources for FinTech, created and […]
The coolest 100 people in Australian tech
Business Insider Australia’s Tech 100 is a comprehensive list of the coolest people in Australian tech. It highlights achievements in the sector over the past 12 months. Congratulations to those cool people from the world of FinTech, FinTech Startups and FinTech Hubs & Accelerators, FinTech VC’s and Investors in Australia…. 12. & 13. Dan Petre and Craig Blair, co-founders, AirTree Ventures 15. Jason Yetton, MD and CEO, SocietyOne 20. Stuart Richardson, founder and managing partner, Adventure Capital; co-founder, York Butter Factory 21. Paul Bassat, co-founder, Square Peg Capital 23. Maile Carnegie, group executive digital banking, ANZ 24. Jost Stollmann, CEO, Tyro Payments 25. Niki Scevak, managing director, Blackbird Ventures […]
Optus MyBusiness Awards – FinTech Finalists
Congratulations to the Australian FinTech companies that are shortlisted for the Optus MyBusiness Awards: Billsumo HashChing Maestrano Practice Ignition SelfWealth Six Park ABAKUS APPS From the team here at Australian FinTech, we wish you all the best! Good luck!
Link Group invests in technology solutions provider Moneysoft
Link Group (ASX: LNK), a global provider of fund administration, share registry, shareholder management, analytics and services, today announced an investment in Australian technology solutions company, Moneysoft. Moneysoft is a provider of Personal Financial Management (PFM) tools that incorporate real-time data, budgeting, reporting capabilities and more, to assist financial advisers and their clients to better manage their money and reach their financial goals. The strategic partnership with Moneysoft will augment Link Group’s offering to both superannuation funds and listed company clients as the two parties join forces and explore opportunities to collaborate on new products and innovations. Initially, Link and Moneysoft will release a number of products designed to help […]
