Australian neobanks face a sterner challenger than their UK equivalents did
Australian neobanks such as 86 400, Up and Volt, are trying to make dents in an extremely consolidated banking market dominated by the four major incumbents.
Australian FinTech company profile #81 – Wefund
Wefund’s proprietary finance platform connects borrowers seeking fast, transparent, commercial and construction finance to accredited non-bank lenders.
The “social-distancing-friendly” home loan
The home loan process at neobank 86 400 was crafted to be a “social-distancing-friendly solution” to brokers during this unprecedented time.
Open Banking on target for July 2020 launch
Keeping the open banking timeline has been welcomed by the financial industry and Split Payments CEO Kristofer Rogers said there was no reason for delay.
Tap and go payment limit increased to $200 to contain virus spread
Australian shoppers will soon be able to make purchases of up to $200 at the checkout using tap and go, as retailers try to stop the spread of the virus.
Online start-up Tippla offering Aussies a unique way to secure their credit scores amid COVID-19
Online platform Tippla offers Aussies a unique tool to manage their credit scores in a time where COVID-19 threatens to push many into financial hardship.
BGL announces new features in Simple Fund 360 and integrates with Cointree
BGL Corporate Solutions announces another major release of Simple Fund 360 which includes changes for the government’s Stage 1 response to COVID-19.
eBay adds BNPL capability with Afterpay partnership
From today, Australian shoppers can take advantage of Afterpay’s buy-now pay-later (BNPL) platform on online auction site eBay.
