Blog

Jan
13

Legal matters – It’s not optional to understand the laws and regulations, fintech founder says

  Fintech founders need to ensure they have strong knowledge of the various laws and regulations in the sector before launching, InvoiceX co-founder Dermot Crean says. Source: Legal matters – It’s not optional to understand the laws and regulations, fintech founder says

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Jan
13

Fiserv and Alpha Payments Cloud Partner on Cost Effective Solution to Connect to Real-Time Payments in Australia – Press Release

Alpha Payments Cloud, a global leader in providing third party payment, risk and commerce solution access to international banks and merchants, has today announced a partnership with Fiserv, Inc., a leading global provider of financial services technology solutions. The partnership will provide Australian banks with a simpler and faster way to process payments in Australia while also generating significantly more value through the addition of overlay services through the AlphaHub Payments as a Service platform. The AlphaHub introduces Australian banks to an entirely new middleware layer that provides frictionless access to overlay services instantly, significantly speeding up the introduction of new functionalities. Accessing these new functionalities through the AlphaHub’s considerable […]

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Jan
12

Growth – Why the Australian fintech community is much more than just Sydney and Melbourne

The efforts to create a national fintech association have so far largely occurred as a result of fintech organisations from Sydney and Fintech Melbourne. But while the majority of fintech startups are based within these two cities, it’s easy to forget that many interesting and successful startup companies have been launched in cities around Australia. Atlassian for instance, is Australia’s biggest recent startup success and was launched in Brisbane. As the formation of the national fintech association continues to gather pace, it will be important to remember the rapidly growing communities outside of Sydney and Melbourne. With the end of the mining boom Australia is seeking other industries to fuel […]

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Jan
05

Seven Australian fintechs to watch in 2016

It’s set to be a flagship year for Australian fintechs, as the local ecosystem strives to become the “top dog” in Asia. It’s a “pivotal” year that could prove to be “make or break” for many local fintechs, MoneyPlace co-founder Stuart Stoyan says, and many startups are already “punching above their weight” worldwide. While the last few years have seen the various stakes being placed in the ground, Prospa co-founder Beau Bertoli says 2016 is all about growth for fintech. “A lot of the groundwork has been done this year and 2016 is going to really be when the industry starts to get some serious momentum,” Bertoli says. As Stone […]

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Dec
23

Merry Christmas & Happy New Year

Merry Christmas, Happy Holidays & Happy New Year! All the very best for 2016! See you in the new year, The Australian FinTech Team

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Dec
22

Top 5 Hubs to Watch in 2016

Believe it or not, Australia has over 50 active startup hubs. With this meteoric rise comes large expectations for these spaces to start fostering the enterprises of the future. With more and more funds being invested in these hubs by the wider business community. OmniChannel Media takes a look at the top 5 tech startup hubs to keep an eye on in 2016. Stone & Chalk, Sydney York Butter Factory, Melbourne River City Labs, Brisbane Tank Stream Labs, Sydney Fishburners, Sydney Read more about them here: Top 5 Hubs to Watch in 2016 – TechExec.

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Dec
21

Australia’s top 32 start-up tech successes and why they matter

Want to start the next billion-dollar tech company? You need to be male, in your mid-30s and only two or three years into running a start-up. Not-for-profit organisation StartupAus has compiled a list of Australia’s tech successes over the past 13 years, featuring businesses with valuations in excess of $100 million. The list of 32 companies, which forms part of a report compiled with the University of Technology, Sydney which is due to be released early next year, features known successes Atlassian, Campaign Monitor and Catch Group, but also a number of lesser-known companies which are on track to become the next success stories, or “unicorns”. Lesser-known businesses such as […]

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Dec
21

Two FinTech disruptors hit the ASX

Two new Diversified Financial offerings listing on the ASX have the potential to shake things up for money lenders in both the consumer and commercial space. The companies are Directmoney (DM1) – a Peer to Peer (P2P) lender with a twist; and zipMoney (ZML) – a unique online credit provider for consumers and businesses. Both are prime examples of one of the hot long-term trends in technology – FinTech, or financial technology. FinTech companies are disrupting traditional financial services with the use of software and online platforms. In truth, disruptive activity in financial services pre-dates the Internet and the extensive use of sophisticated financial software. Dealing with traditional banks for […]

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