YTML: Focus on what you can change
Advice solution and tech provider YTML is calling on advisers to extract more value from their relationship with their software by working in partnership with it. YTML is software agnostic, working with a range of software providers so as to deliver the best solutions to the adviser or licencee. YTML CEO Kevin Liao said it is in this capacity as problem solvers for their advice clients, that they often hear frustrations about the software. “It is a common problem in our industry, that with limited training, many advisers aren’t equipped in understanding how to get the best out of their software. A little bit of knowledge can be a dangerous […]
Bitcoin blows past $2,500, $2,600, and $2,700
The bitcoin rally just keeps going. Thursday’s action has run bitcoin above $US2,500, $US2,600, and $US2,700 for the first time. It hit a high of $US2,749 before paring its gains. Currently, the cryptocurrency trades up 11.2%, or $US270, at $US2,682 a coin. It has gained in 27 of the past 30 sessions and has tacked on more than 130% over that time. Bitcoin has climbed aout 20% since Tuesday’s close, propelled by news that the Digital Currency Group, representing 56 companies in 21 countries, reached a scaling agreement at the Consensus 2017 conference in New York. The announcement was the latest bit of good news for the cryptocurrency. In early […]
Dion and Fincast partner to deliver an integrated portfolio management and exchange trading platform
Dion Global Solutions and Fincast Pty Ltd, announced the availability of their integration and operations partnership, which allows clients of Fincast’s cutting edge goal based advisory and portfolio modelling platform to obtain account and holding details from Dion’s rapidly expanding TradeCentre™ platform, perform guided modelling of the portfolio and then automatically generate trades based on agreed investment models and investor’s preferences, greatly streamlining implementation and back office operations for Fincast’s and Dion’s clients. Further, Dion and Fincast have created an operating partnership which sees accelerated improvements in productivity and cost savings for clients through the consolidation of the infrastructure and operations for the SaaS versions of our respective platforms. […]
Dion Global Solutions launches integrated wealth management and trading platform
Dion Global Solutions announced the launch of its wealth management module – TCWealth. Easy-to-use and functionally rich features of TCWealth will enable stockbrokers and wealth managers to carry out effective and efficient management of client assets. The Financial industry in Australia is undergoing a shift from traditional stockbroking services to wealth advisory. This unleashes an enormous opportunity for stockbrokers to expand their business model and offer access to a growing segment of new products and exchange listed instruments that give better returns to their clients. With TCWealth, stockbrokers and financial advisors gain instant and holistic view of their client’s portfolio information and extensive market data. This information is […]
Private companies face public conundrum under new crowdfunding rules
The Federal Budget extended crowdfunding opportunities to private companies, but a closer look at the amended legislation reveals they may still be forced to act more like public companies. A sticking point from the Federal Government’s Corporations Amendment (Crowd-sourced Funding) Act 2017, was that there was no scope for private (proprietary limited) companies to access crowdfunding. Government sought to address this in the latest Federal budget, but there could be a catch. The Crowdfunding bill passed in March, and becomes law this September. Feedback suggested few start-ups would consider crowdfunding under the model due to private companies being unable to raise money from the new crowdfunding regime, and the compliance […]
ZipMoney lands largest debt facility in Australian fintech history with $260 million led by NAB
Sydney company ZipMoney has secured a $260 million debt facility led by the National Australia Bank, in what the startup claims is the largest such deal in Australian fintech history. ZipMoney announced to the ASX on Wednesday that the facility would consist of $200 million from NAB, $40 million through two-year bonds issued through FIIG Securities, and $20 million in junior notes and equity. An “immediate refinance of $70 million of existing receivables” will take place using the NAB facility, resulting in an instant reduction in interest for the business. The startup operates a “buy now, pay later, with no interest” service — integrating into online retail stores to reach […]
Winners at The Finnies!
Congratulations to those Australian Fintech companies and their fearless leaders who won awards last night at the inaugural Finnies Fintech Awards: Female Fintech Leader of the Year: Emma Weston, AgriDigital Co-Founder & CEO Joint Male Fintech Leaders of the Year: Greg Moshal & Beau Bertoli, Prospa Co-Founders Fintech Organisation of the Year: Afterpay Emerging Fintech Leader of the Year: Emma Weston, AgriDigital Co-Founder & CEO Emerging Fintech Organisation of the Year: Spaceship Best Fintech place to work: Prospa Best workplace diversity: Timelio Marketing Campaign or Brand Initiative of the Year: Equitise – Equitise Bubble Excellence in establishing Market Presence (Australia): BrickX […]
Link4 completes the set of cloud accounting marketplaces
eInvoicing is available to small businesses through the major accounting software marketplaces in Australia. Link4 secured a position within the marketplaces of the 6 main cloud accounting solutions in use by small business owners throughout Australia. These include, QuickBooks, Xero, MYOB, Reckon and Sage. Why is this important? Many software firms focus on supporting large organisations leaving small business owners with limited options available to them. But Link4 are committed to providing the latest technology solutions to save small business owners time and money. eInvoicing reduces the time spent on dealing with invoices by providing automation to both account payables and receivables processes. Being listed on all of the aforementioned […]
