APRA to recommence issuing new banking licences
APRA has announced it will resume issuing new banking licences in September, after having instituted a temporary pause on doing so in April of this year.
Startup Victoria receives funding boost
LaunchVic will provide funding to Startup Victoria to run a program for new and early-stage startup founders to survive and succeed beyond Covid-19.
Fintech Credit Clear readies IPO launch
Fintech Credit Clear would raise up to $15 million for the IPO, which implied a $65 million pre-money valuation for the start-up.
RateSetter rebrands to ‘Plenti’
RateSetter Australia has rebranded to Plenti as part of a broader move to ramp up the next phase of growth for the company.
Digital bank Up launches international payments powered by TransferWise
Up announce that international payments powered by TransferWise has arrived. Now you can get a fast, easy and cheap way to move your money overseas from Up.
Facebook is reportedly expanding its banking ambitions with a new division that will run all of the tech giant’s payment projects, including Facebook Pay
Facebook is launching Facebook Financial – or F2 – which will oversee all of the tech giant’s payments projects, including Facebook Pay.
Australian wealth managers are lowering costs due to robo-advisers
Australian wealth managers are feeling the pinch as robo-advice adoption rates are on the rise among wealthy investors and HNWI’s.
Why joining forces with Singapore will make Australia a financial services front-runner
Discussions around whether the fintech bridge between the UK and Australia should be extended to Singapore are now in full swing.
