EML Payments to shell out $423m for European fintech
EML Payments has entered into a binding agreement to acquire London-headquartered Prepaid Financial Services for an upfront value of £226 million (A$423m)
Raiz successfully raises over $6million via institutional placement
Raiz Invest have successfully completed of a Placement of seven million fully paid shares at $0.86 cents per new share, raising a total of $6.02 million.
China and Australia ink fintech deal to share information on new trends
China and Australia‘s regulators have agreed to partner up on fintech, a move that will give them oversight on new trends in each other‘s markets.
Novatti secures investment for Aus expansion
Novatti has received a $1.1 million investment from the Australia Fintech Investment Group as the two companies launch their joint business.
Acquisition advances non-bank’s growth plan
Cashflow Finance is now one of the largest non-bank lenders in Australia specialising in trade, invoice and equipment finance.
Offshore challenger bank OakNorth eyes local lending tie-up
Challenger bank OakNorth is the latest global fintech to set its sights on Australia, preparing the ground for the launch of a lending assessment platform.
Ripple On-Demand Liquidity now available in Australia through FlashFX partnership
FlashFX also became the first Australian company to use blockchain for international money transfers when it first got with Ripple some years ago.
Aussies can now shop from 125 million products on Amazon Australia with Zip as a payment option
From today, Zip users will be able to access more than 125 million retail products on Amazon Australia.
