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Peppermint’s Mobile Bill Payments platform commences under its agreement with Metro Gas

Peppermint Innovation Ltd is pleased to announce pilot testing of its agent mobile bill payments technology has commenced under its agreement with Metro Gas Sales Inc. (Metro Gas). Metro Gas delivers Liquid Petroleum Gas (LPG) to over 60,000 Filipino households, via an established network of 50 delivery personnel, who on average make 15-20 deliveries a day, 7 days a week. The pilot will test Peppermint’s purpose built mobile agent payments platform, with Metro Gas delivery personnel using the Peppermint powered Metro Gas Agent App to offer customers the ability to pay household bills at the time a delivery of LPG is made. The offering will provide customers’ with front door […]

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zipMoney and Shopify announce strategic partnership

zipMoney Limited is pleased to announce a strategic partnership with Shopify, one of the world’s leading and most recognised ecommerce platforms with over 377,500 businesses globally. Zip has a strong focus on Australian Small Business, where there are 2.5 million businesses seeking to sell goods and services both online and instore. With a simple setup and subscription-based model, Shopify has strongly supported the transition of this community to the digital world. The partnership will further accelerate the growth of Zip’s digital wallet solution, zipPay, online and instore. Zip already process payments for hundreds of Shopify merchants and this strategic partnership will help to accelerate the acceptance of Zip at the […]

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May
01

China giant Tencent funds Melbourne fintech start-up

Melbourne-based fintech start-up Airwallex has landed a $US13 million Series A funding round, becoming one of the first Australian companies to raise money from China’s biggest internet company, Tencent. Airwallex, which is building a new foreign exchange payment network, raised funding from the world’s fourth-biggest internet company, along with Sequoia Capital China and Mastercard. “We’ve built a digital banking layer and a digital compliance layer across traditional banking infrastructure,” co-founder and CEO Jack Zhang told The Australian. “You can think of us as a payment network; we’re offering a faster, cheaper way of making payments happen.” Airwallex lets businesses issue and pay invoices in their preferred currency at the mid-market […]

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Apr
28

Australia to be a cashless society by 2022

Cash is predicted to make up only 2% of all payments within the next five years. If you still pay for your morning coffee with a crisp $5 note, you’re a rare breed and clearly missed the “cash is no longer king” memo. New research shows that the number of cash payments received by Australian merchants has plummeted by 46% between 2010 and 2016 alone and currently makes up less than 10% of all payments. According to the research by market analyst East & Partners, if this trend continues, cash payments across Australian businesses are predicted to fall below 5% by 2019 and below 2% by 2022, creating a virtually […]

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Apr
28

You can email your bills to this fintech and it will pay them – after checking they’re not scams

A Melbourne fintech startup has commercially launched its new service today, where customers can send their utility bills for the system to automatically make the payments after intelligently sorting out scammers. Gobbill, founded in 2015 by Shendon Ewans and Quentin Marsh, has developed the service after receiving financial support from Microsoft’s BizSpark startup programme and partnering with the federal government’s Stay Smart Online campaign. “We decided to create Gobbill because we were finding it increasingly time-consuming to manage bill payments. We decided there had to be a better way to manage bills and still be in control of our payments,” said Ewans. After registration, the user just needs to email […]

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Apr
27

BGL & SelfWealth team up to provide value added services for Accountants

BGL Corporate Solutions and SelfWealth have teamed up to provide free value added services for Simple Fund 360 clients. SelfWealth, Australia’s only flat fee brokerage solution is now fully integrated with Simple Fund 360; Australia’s leading SMSF cloud solution.  The integration gives Accountants free access to SelfWealth’s fixed fee trading solution, portfolio construction tools and stock research powered by Thomson Reuters with the ability to extend these services to their clients. “The integration is well timed” said Ron Lesh, Managing Director of BGL.  “With the early adopters of Simple Fund 360 experiencing significant time savings through automation, they are now looking to expand their services to provide more value to […]

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Apr
27

Powerhouse disruptors NowInfinity and View Legal join forces

Two powerhouse disruptors – cloud-based document and entity management platform NowInfinity, headed up by fintech entrepreneur Amreeta Abbott, and groundbreaking law firm View Legal, headed up by innovator and recognised expert in estate planning and tax law, Matthew Burgess, have joined forces, merging the digital business units of each firm and forming a strategic partnership on legal services. “The partnership and merger provide accountants and bookkeepers, financial advisers, SMSF specialists and adminstrators and legal firms with a whole new level of solutions,” said NowInfinity CEO, Amreeta Abbott. “It enhances the NowInfinity platform, enabling members to efficiently create, collaborate and manage specific governance and life events for their clients.” Ms Abbott […]

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Apr
27

Become a property investor for just $57 with BRICKX

Australians can now invest in an apartment in Darlinghurst for just $57 with BRICKX.   BRICKX CEO Anthony Millet said it’s the lowest Brick price yet.   “We’re thrilled to offer investors a share in this inner-Sydney property at such a low price point,” Mr Millet said.   “With the Brick price starting at just $57, BRICKX continues to strive to make property investment affordable for all Australians”.   BRICKX breaks down traditional barriers that exist when it comes to investing in residential real estate by dividing properties into 10,000 units or “Bricks”. Investors may then earn capital returns and monthly net rental income in proportion to the number of […]

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