Champion lender Jacaranda Finance sets a new pace for the fintech industry
Emily Wilcox: Practifi’s Australian COO disrupting the American fintech space
HashChing outlines new funding plans
Bitcoin isn’t a boy’s club, women just aren’t getting involved
by Chantelle de la Rey, Amber co-founder, product owner and lead designer. A common question I get asked is ‘why is Bitcoin a boys’ club’? And ‘how do you cope with being a female in three male-dominated spaces?’ Well, let me ask you some questions. Why do you think it is a boy’ club? Why haven’t you as a female entered the Bitcoin or digital-currency space? Why haven’t you bought Bitcoin? Please comment below or send me a message via social media telling me your ‘why’. Here are some common responses. ‘I don’t know enough about the space.’ ‘It doesn’t interest me.’ ‘Way too volatile.’ ‘OMG the news says Bitcoin […]
KPMG: Australia’s AltFin sector worth $1B
KPMG, an advisory and audit company, has released numbers that say Australia has a 32 percent share of the APAC alternative finance market, according to reports. The market has grown 88 percent year over year and it’s worth a total of $1 billion, the company said. This news comes in advance of the fourth edition of the AltFi Australasia Summit, which will take place in Sydney at the Doltone House on April 15. “This is the perfect time for challenger banks to enter the market. Through the use of technology and data we can provide our customers with greater control and transparency, and competitive rates,” said Volt Bank Co-Founder and […]
Blockchain incubator set to bolster Australian industry
Australia’s first incubator program dedicated to helping blockchain startups get their businesses up and running will be established in Adelaide. South Australian blockchain advisory firm Crypto SA has been awarded A$170,000 from the Federal Government to open the Crypto SA Lab in September. The incubator program will offer 10 blockchain startups free co-working space and mentoring services. The businesses have already applied for Crypto SA Lab and are currently in the vetting process. Program entrepreneurs will also receive blockchain technology training and broader business advice on how to run a startup. Crypto SA is an advisory firm that provides blockchain businesses information surrounding legal and financial compliance, smart contract support, […]
Unique marketplace driving alternative finance
The fourth annual AltFi Australasia Summit is approaching, with alternative finance leaders convening to discuss the future of the industry on 15 April. “Alternative lenders are currently facing a unique convergence of market happenings: reduced trust in traditional lenders, the upcoming shift to open banking, and the impending introduction of comprehensive credit reporting,” said the global CEO of alternative lender OnDeck, Noah Breslow. The 2018 Deloitte Trust Index for Banking revealed that less than half of Australians trust that their personal bank will keep its promises, and only 36% feel that their bank has their best interests at heart. According to Breslow, “This has created an opportunity to capture an […]
Australian FinTech company profile #4 – Gobbill
1. Company Name: Gobbill 2. Website: www.Gobbill.com 3. Key Staff: Shendon Ewans (CEO & Co-founder), Quentin Marsh (CTO & Co-founder) 4. Location(s): Melbourne based, Australian company. 5. In one sentence, what does your fintech do?: Automate bill payments by extracting invoice details, checking for fraud and paying using card or bank accounts. 6. How / why did you start your fintech company?: The co-founders were in a pub talking about the idea after missing some bills. We wanted to make our life admin easier, then Gobbill was used by our families and friends. It grew from there. 7. What the best thing your company has achieved or learnt along the way (this can […]