Fintech lender raises $8m and banks on Prospa IPO boost
Prospa rival Lumi is banking on a growth spurt when its competitor in the non-bank small business lender market lists on the ASX in coming weeks.
EML Payments acquires UK fintech for $40.5m
EML Payments is bolting onto its growing European business with the purchase of UK fintech Flex-e-Card Limited.
Bank of England’s chief economist thinks Bitcoin could replace cash
Payments the ‘latest victim of disruption’ – consumers modernising wallets
Afterpay originally launched in 2015 and merged with payments technology company Touchcorp in mid-2017. Afterpay now services more than 3.1 million active users
Why your bank is set to offer ‘lifestyle services’
Open banking has forced the UK’s big banks to use financial services from other players and to offer lifestyle services such as sourcing mobile phone or energy plans
Australian FinTech company profile #14 – GBG
GBG offers a series of innovative and intelligent solutions that help organisations quickly validate and verify the identity and location of their customers
Banks to join forces for blockchain-based settlement project
Several of the world’s largest banks are in the process of investing around US$50 million to create a digital cash system using blockchain technology
From Xero to $1 billion: Aussie tech company’s founder joins global big time
Accounting platform Xero has chalked up its first ever half year profit on the back of strong global growth sparking a sharp shareprice rally.
