Practifi: How a successful Fintech company was created from a few glasses of wine
Adrian Johnstone, Chief Commercial Officer and Co-founder of Practifi, recently spoke to the Entrepreneur Podcast Network (EPN), where he went into depth about his company, what inspired its inception, and what the future holds for the financial advice and services industry as Practifi expands into the US market. Practifi is the business management platform for the financial advice industry. It is an exciting alternative to traditional CRM systems and offers an end-to-end solution that revolutionises financial services businesses by enabling them to reach their full growth potential. With you can run your business on the cloud, automate your workflows, integrate the best tools and build the advice business you’ve always […]
Identitii completes 2018 Mastercard Start Path program
ASX-listed Identitii Limited, the Australian FinTech enabling banks and corporates to securely exchange intelligent information in real-time, has just completed the Mastercard Start Path program. Start Path, a six month program that runs four times a year, connects innovative later-stage FinTechs with Mastercard’s global ecosystem. Start Path selects FinTechs that have the potential to scale globally and aims to open the door for companies to innovate on top of Mastercard’s existing technology infrastructure. “Mastercard Start Path has given Identitii the opportunity to reach new potential customers and to demonstrate how our Overlay+ platform can enhance the secure sharing of documents and information in a MasterCard environment,” says Ben Buckingham, COO, […]
Fintech player Douugh scores MasterCard partnership
Australian fintech start-up Douugh has scored a new partnership with MasterCard, joining forces to launch a smart bank account with a debit card from the global payments giant. Douugh, which was founded by SocietyOne’s Andy Taylor, has created a personal financial assistant utilising artificial intelligence. But the start-up does not intend to become a bank, rather it claims to want to help people save more and live debt free. Mr Taylor said the partnership with MasterCard would give the company a “big boost of horsepower”, letting it create a product that would be available in three of MasterCard’s major regions – the US, Australia and Britain – by 2020. “MasterCard […]
Yet another end of Cryptocurrency? What influences the market now
Most cryptocurrencies have seen their growth slow down in recent months. The prices of Bitcoin and major altcoins have leveled out at a point well below their peak prices. While some investors take this as a sign that the market is starting to mature, others see this trend as disconcerting. The situation surrounding cryptocurrency is not what it was a year ago. This also means that the factors that influence the market have changed, although some factors are enduring and will always affect cryptocurrency performance. Here are some of the major factors influencing the market right now. Bitcoin Price The price of Bitcoin influences the prices of all other digital […]
Start-up heads up a crypto currency new wave of business
Among the best and brightest have showcased in Noosa the future of block chain technologies that make crypto currency trading possible and the potential impacts of the technologies over the upcoming decade. The inaugural Crypto Coast Convention #CCCnoosa saw more than 100 delegates brainstorm the Peregian Beach Digital Hub, Peppers Noosa Resort and the Innovation Centre at Sippy Downs. Guest of the opening discussion panel was made up of Queensland Chief Entrepreneur and founder of Everledger, Leanne Kemp, CEO of Civic Ledger Katrina Donaghy, MP Sandy Bolton MP, Noosa Mayor Tony Wellington, co-founder of Crypto Coast Convention Taylor Tran and Jon Allison from Modern Assets. Mr Tran said the Sunshine […]
Midwinter announces technology partnership with BUSSQ and Skylight Financial Solutions
Australian based financial advice technology provider Midwinter Financial Services announced its recent technology partnership with BUSSQ superannuation fund. This has seen Midwinter’s AdviceOS platform utilised for a range of advice channels within BUSSQ, namely face-to-face and phone-based advice. BUSSQ has also employed the use of Midwinter’s Client Portal as a meaningful client engagement tool. This partnership is in line with BUSSQ’s launch and rebrand of its financial planning business as Skylight Financial Solutions – which provides advice across all topics, within and outside of superannuation. Midwinter’s Head of Institutional Growth, Salvador Saiz is delighted about the ongoing relationship, saying, “Midwinter has worked closely with the BUSSQ and Skylight team to […]
Banks will assess loans using real spending data: Basiq
A start-up backed by Westpac and National Australia Bank has developed software to read bank account data and automate the loan assessment process for banks, allowing them to base lending decisions on actual customer spending rather than relying on estimates and indexes. Basiq’s system is being used by Regional Australia Bank, whose chief risk officer Campbell Nicoll says asking customers to estimate spending in various categories during an application process no longer cuts it. “People have just been guessing their expenses,” he said. “But Basiq plugs into our bank, extracts two years of transaction data, categorises it – and that and gives us the true picture on expenses.” The Australian […]
How to take a FinTech through an IPO
Raiz Invest (previously Acorns Australia) launched in 2016, quickly amassing close to one million users. George Lucas, CEO is one of the more experienced founders in the FinTech NextGen series. Many CEO’s in financial services struggle to relate to the Millennial market, not so George and his Raiz Invest team. Discover his secrets in this interview with Dexter Cousins of Tier One People. How does Raiz Invest work? George:Raiz Invest is a micro investing platform, enabling users to invest in the markets with as little as five dollars all through an app on your mobile phone. Put simply, we enable users to save in the background of life. Raiz educates a potential […]
