Wisr delivers EBITDA profitability on increased loan originations
Wisr has delivered EBITDA of $0.8 million, driven by continued Net Interest Margin expansion from front book repricing initiatives and improved funding margins.
ASX-listed Earlypay announce increased net profit and cash flow
ASX-listed Earlypay’s half-yearly net profit is up 24% to $2.6 million and operating cash flow of $4.8 million is up 186%.
Backbase and MeaWallet partner to transform digital payment security in Australia and New Zealand
Backbase have announced a strategic partnership with MeaWallet to addresses the growing demand for secure, seamless digital payment security experiences.
Australian FinTech hits 50,000 social media followers
Australian FinTech, the #1 source of fintech news and information in Australia, has just reached 50,000 social media followers.
CME Group and DTCC to enhance existing cross-margining arrangement, extending benefits to end users by December 2025
CME Group and The Depository Trust & Clearing Corporation (DTCC) today confirmed plans to expand their existing cross-margining arrangement.
Grapple acquires Spenda’s invoice finance portfolio for $2 million
Australian Lendtech and SME financier Grapple will acquire the invoice finance portfolio of ASX-listed Spenda for $2 million.
Airwallex appoints Jennifer Snell as Director, Marketing, ANZ to lead its marketing efforts
Jennifer Snell has been appointed Director, Marketing, ANZ for Australia-founded fintech unicorn, Airwallex.
Iress announce massive turnaround and annual net profit in excess of $88 million
ASX-listed Iress have today announced its financial results for the full year ended 31 December 2024 (FY24), with the key feature being delivered Statutory Net Profit After Tax of $88.7 million.
