Australian FinTech company profile #87 – Finspo
Finspo helps average Australians save thousands on their banking.
Report: 63% of APAC customers willing to switch to neobanks
The era of digital banking is well underway in the APAC region and is set to accelerate in the next five years with 63% of customers willing to switch.
ING welcomes digital signatures
ING has announced that digital signatures acquired through legitimate e-signature platforms will now be accepted on all home loan applications.
Non-bank lender issues $1.25bn RMBS
Non-bank lender La Trobe Financial has “effectively reopened” Australian debt capital markets with a $1.25bn RMBS raising.
Revolut finally secures Aussie licence
An ASIC spokesman confirmed that Revolut had been granted a licence to market non-cash payment products to retail and wholesale clients.
Westpac backs mx51 to tackle global payments invasion
Westpac Banking Corp is backing a new payments spin-off – mx51 – to help it fend off an invasion by global payments software companies
CBA invests in Slyp to drive digital receipts
Commonwealth Bank has joined the other big banks as an investor in start-up Slyp, a provider of digital receipts which can help to eliminate paper receipts
Frollo first FinTech to become ADR
The ACCC has announced that Frollo is Australia’s first FinTech to become an Accredited Data Recipient under Open Banking regulations.
