Australian FinTech company profile #33 – Cloudfloat
Cloudfloat provides buy-now, pay-later arrangements for small businesses
GROW Super launches own superannuation platform
GROW Super has launched its own distributed ledger superannuation platform TINA, as well as raising $17 million in a Series C funding round.
Verrency and SDX to deliver savings options for digital wallets
Verrency’s partnership with SDX, a model manager gateway based in Singapore will focus specifically on the ASEAN nations.
Resimac acquires stake in fintech finance company
Resimac has purchased a 15% stake in Australian fintech company Positive Group, a pool of finance companies dealing with asset finance, mortgages and advice
ANZ, CBA, Westpac, Scentre, IBM form bank guarantee blockchain company
ANZ, CBA and Westpac, with Westfield shopping centre operator Scentre and IBM, are building a blockchain-based platform for bank guarantees called Lygon.
Fintech is the ‘new normal’ with 55 per cent of consumers regular users
More than half of banking and financial services customers around the world use fintech products, according to deVere Group.
Open banking faces delay due to data concerns
Open banking could be delayed after Labor said it was unlikely to pass the requisite legislation by the end of this month due to data concerns.
Fintech industry not recognising scope of sector – FinTech Awards will change this attitude
The FinTech Industry needs to embrace all these new categories of fintech – and in the future that includes embracing Facebook’s new Libra digital currency and wallet.
