FinTech

Sep
02

Zip Co completes QuadPay acquisition

Zip Co (Z1P) has completed the purchase of QuadPay, a leading high growth buy now, pay later (BNPL) player in the United States. Quadpay allows customers to pay in four interest-free instalments over six weeks, online and instore. In early June, Zip announced it would purchase the New York-based company in a script deal worth $403 million. In August, the company reported a record month for QuadPay as it delivered monthly transaction volume in excess of US$70 million (approximately A$97 million) — a 30 per cent increase on the June average and a 600 per cent on July 2019 figures. CEO and co-founder, Larry Diamond, is pleased to welcome QuadPay […]
DETAIL
Sep
02

Jarden, Ord Minnett prepare fintech Harmoney for IPO

Harmoney has hired stockbrokers Jarden and Ord Minnett to advise on funding options, which include a private debt or equity raising or IPO sharemarket float.

DETAIL
Sep
02

Cashflow biggest concern for COVID-hit SMEs

Finstro Chief Product Officer Tom Whitworth said cashflow support was critical to empowering SMEs to continue to trade and grow.

DETAIL
Sep
01

CoinSpot receives Blockchain Australia Certification

CoinSpot has now officially been awarded the certification as a Blockchain Australia Certified Digital Currency Exchange provider.

DETAIL
Sep
01

Australian fintech SendGold announce they are live in India with UPI

With UPI, SendGold’s Indian customers can now buy Australian gold through a safe jurisdiction, instantly, without the friction and fees of other channels.

DETAIL
Sep
01

Blockchain-based platform for bank guarantees set for commercial launch

ANZ, CBA, Westpac, IBM and Centre Group’s successful Blockchain platform, Lygon, reduces the time to issue bank guarantees from up to one month to one day.

DETAIL
Sep
01

Fighting fraud through blockchain

As the insurance industry in Australia moves towards full digitisation, blockchain is appearing as one of the most important technologies for the sector.

DETAIL
Sep
01

BNK profits bolstered by multichannel lending growth

BNK’s full-year results for the 2020 financial year saw net income growth of 17% to $35.5 million, driven by strong multichannel lending.

DETAIL