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 […]
FinTech body seeks changes to APRA’s proposal to reduce market barriers to challenger banks
The Australian Government’s proposal to make it easier for digital-first challenger banks to compete against industry incumbents is could be improved, according to the peak body for fintech startups. FinTech Australia has lodged a submission with the Australian Prudential Regulation Authority (APRA) in response to its discussion paper, entitled “A phased approach to authorising new entrants to the banking industry”. The discussion paper proposes that new banking entrants, known as Authorised Deposit-taking Institutions (ADIs) can apply for a “restricted ADI licence”. Under the restricted ADI licence, new banking entrants may take up to $2 million in deposits with an individual limit of $250,000 per depositor over a maximum period of two years, […]
Tic:Toc expands to Tasmania, as NSW investors rush to purchase in Hobart.
Australian fintech Tic:Toc, announced their world first instant home loan platform will be made available to customers purchasing or refinancing properties in Tasmania. The online home loan, which uses a digital decisioning system to assess and approve finance in as little as 22 minutes, launched in July 2017 and initially excluded Tasmanian and Northern Territory properties from being eligible for finance. The expansion coincides with the latest results from CoreLogic RP Data, which shows Hobart has had the largest increase in home value year on year at 11.49%, ahead of Melbourne (10.10%) and Canberra (5.84%)[1]. Mainlanders have accounted for 23% of sales in Tasmania to date (REIT), with gross value […]
Showcase your FinTech company to the super industry
SPECIAL OFFER FOR FINTECH INNOVATORS TO EXPOSE YOUR BRAND TO THE SUPER INDUSTRY The Australian Institute of Superannuation Trustees (AIST) is offering Australian FinTech innovators the opportunity to profile their company at the super industry’s premier event, the Conference of Major Super Funds (CMSF) from 14 – 16 March 2018 in Brisbane, Queensland. This special offer is only open to Australian FinTech innovators and includes: Stand-alone booth including 42” LCD screen on stand to demo within the CMSF exhibition hall ‘FinTech Alley’ space for the duration of the event X2 booth attendees for the duration of the event Exposure to over 1000 decision makers from the superannuation and financial services industries […]
FinTech Indonesia signs collaboration agreement with FinTech Australia
The peak financial technology (fintech) industry bodies in Indonesia and Australia have signed a landmark agreement to help drive exchanges of talent and expertise between the two growing fintech markets. Signed in December, the memorandum of understanding between FinTech Australia and FinTech Indonesia is regarded as an important step to drive the mutual development and growth of fintech industries across both jurisdictions. The agreement was witnessed by Fithri Hadi, the Director of Financial Innovation from Indonesian Financial Service Authority (OJK) and Dan Thomas, Vice Chair of the Australian Department of Foreign Affairs and Trade. The agreement provides a platform to facilitate cross-border exchanges of talent, technology and capital and fintech […]
The world’s first cryptocurrency recruitment agency has opened in Sydney
A recruitment agency specialising in finding cryptocurrency and blockchain talent has opened in Sydney. Crypto Recruit has set up shop with the belief that it is the first in the world to offer such niche IT recruitment services, said founder Neil Dundon. “The idea was to get some first mover advantage in the market,” Dundon told Business Insider. “Nowadays there seems to be general pub talk [about cryptocurrencies] — people are just talking about it all the time and it’s just mental at the moment. So three or four months ago I had the idea: why don’t I couple my passion for cryptocurrency and blockchain… with my skills in recruitment?” […]
Payments startup Sniip announces national Australia Post partnership
Mobile payment technology company Sniip is today announcing a new nation-wide partnership with Australia Post to explore the use of Sniip to enable consumers to pay bills using the Post BillPay barcode anytime, anywhere. Co-founder and Chief Executive Officer of Sniip, Damien Vasta, said the company was excited to be working with Australia Post to provide greater choice to consumers in how they pay their bills. “Working with Australia Post presents an exciting opportunity to bring the benefits of speedy and secure bill-payment to the vast network of Post Billpay users Australia-wide,’’ Mr Vasta said. “This partnership is truly a breakthrough in customer service delivery, meeting the […]
Hyperwallet facilitates AUD transfers for Amazon sellers
Hyperwallet, a top global payout provider to digital marketplaces, today revealed that it will support international seller disbursements from Amazon’s new Australia-based marketplace. Hyperwallet’s multi-currency payout solution enables Amazon Marketplace sellers from across the globe to quickly and easily accept payment to their bank account across a wide range of local currencies. Hyperwallet is offering sellers the ability to use ‘Login with Amazon’ on its website to register for Hyperwallet’s self-serve payment portal, providing a simplified onboarding process for global sellers. Hyperwallet then ensures fast, convenient payment to sellers’ local bank accounts through its global network of banking relationships. “Amazon has long been recognized as a pioneer in […]
