FinTech

Jul
20

Avoka leads other Fintechs in Westpac’s 2018 Businesses of Tomorrow

Today two hundred Australian businesses have been named as Westpac’s 2018 Businesses of Tomorrow, recognised for their vision and drive to help shape the nation’s economic future. Building on the success of the inaugural 2017 program, and joining an impressive alumni, the winning businesses exemplify adaptability, resilience, value to customers, and a readiness to meet […]

By Australian FinTech | FinTech
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Jul
20

What is the Blockchain? The Plain English version

By Bill Hess, Founder of Pixel Privacy.   The word blockchain is on everyone’s lips right now. Although you might not really understand what “blockchain” means, chances are you’ve heard people talk about it (a lot). Some people believe it will change our world for the better, and it will replace the banks that we […]

By Reposted by Australian FinTech | Bitcoin . Blockchain . FinTech
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Jul
20

Hub24 to launch new core offering

Platform provider Hub24 will launch a new core offering for clients with lower average balances, offering a “limited investment menu” to users. In a statement, Hub24 announced it will be launching its core offering within its investor directed portfolio service (IDPS) and super products, saying the launch will “provide an entry point for clients with […]

By Reposted by Australian FinTech | FinTech . Investing
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Jul
19

Afterpay surges 20pc after earnings increase

Shares in Afterpay Touch gained as much as 20 per cent after the company said underlying sales has increased by almost 40 per cent to $736 million over the quarter. The buy now, pay later payments provider said group revenue for the 2018 financial year would be around $142 million while earnings before interest, tax […]

By Reposted by Australian FinTech | ASX . FinTech . Payments
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Jul
19

Small and mighty: Meet the challenger banks nipping at the heels of the big four

A slew of challenger banks are poised to burst onto the Australian finance scene, in a bid to take on the big four, and change the way that Aussies think about banking. Typically offering cloud-based banking services without a bricks-and-mortar branch in sight, these so-called ‘neobanks’ say they will provide a more personal banking service, […]

By Reposted by Australian FinTech | Banking . FinTech
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Jul
19

Joust taps new Australian crowdfunding rules in bid to raise $2 million

Joust, an Adelaide based fintech that brings competitive tension to the home loan market by linking borrowers directly with over 20 lenders who compete against each other in real-time, has launched an equity crowdfunding campaign to raise $2 million. The Joust platform brings disruption to the $1.7 trillion home loan mortgage market where $2 billion […]

By Reposted by Australian FinTech | Borrowing . FinTech . Investing . Lending . Mortgage
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Jul
19

Despite sensationalism and fear, blockchain is the real deal for businesses

It would seem that blockchain is gaining a bad reputation from many, thanks to the hyperbole being perpetuated in certain quarters. But while sensationalist and negative headlines confuse, a handful of banks are destined to have the last laugh as they move forward with adoption of the technology. The most common mistake being made, is […]

By Reposted by Australian FinTech | Bitcoin . Blockchain . FinTech
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Jul
19

Prodigal Prospa returns to investors for equity

Online small business lender Prospa has gone back to the drawing board following a dramatic false start to its mooted ASX listing. Following the 11th-hour shelving of its initial public offering last month, Street Talk understands the company is considering a range of options including a private raising The company’s co-founders and joint chief executives Beau Bertoli and Greg Moshal are working […]

By Reposted by Australian FinTech | ASX . FinTech . Investing
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