BGL releases Simple Fund 360 integration with A.S.A.P Actuarial
This new integration provides BGL clients the ability to request an Actuarial Certificate directly from A.S.A.P using Simple Fund 360’s Actuarial Wizard.
Octet CEO Clive Isenberg honoured among 2019’s Most Intriguing Entrepreneurs
Octet CEO, Clive Isenberg, has been recognised as one of the Most Intriguing Entrepreneurs of 2019 by Goldman Sachs at its Builders + Innovators Summit.
PayPal agrees to invest $500m in Uber, says it will help develop taxi operator’s digital wallet
Global online payments operator, PayPal, has gotten into an agreement to invest $500 million in cab aggregator provider, Uber.
30% of Aussies trust robo-advice
Nearly a third of Australians trust robo-advice, new research from Thinque has shown, which it said is a reflection of diminishing faith in human advisers.
Copying investors via SelfWealth resulted in a 36% return over two years
Australia’s fastest growing online share trading platform, SelfWealth, continues to innovate and provide Australian investors with outperformance.
Bluechain launches in Australia with Amex
Anglo-Australian fintech Bluechain Payments Ltd has partnered with American Express, enabling Bluechain to offer highly competitive rates on Amex card transactions for its rewards payment service in Australia and New Zealand. Bluechain’s payment platform will assist Amex grow its share of the US$250 trillion bill payments market and allow consumers and businesses to “cardify” their purchases by using an American Express card for almost any payment—even where Amex or other major credit cards are not accepted. A Bluechain user could, for example, pay their council rates with Amex, even though most councils don’t accept Amex cards either when paying online or in person. The cardholder gets the American Express reward […]
DETAIL MYOB votes are in; shareholders hand keys to KKR
Almost four years to the day after re-listing on the ASX, and after an at-times remarkable takeover battle, the accounting software company is headed for a another stint in private equity hands. It is understood early votes and proxies received ahead of Wednesday afternoon's meeting are enough to ensure MYOB is headed into KKR's private equity portfolio. Manikay Partners, owner of a 16 per cent stake, has voted for the deal as flagged, along with former controller and now 6.1 per cent shareholder Bain Capital. Add in a handful of the other institutional shareholders and KKR goes into the meeting knowing it already has the numbers. It's understood to have […]
DETAIL Aussie blockchain investor goes global
Australian digital assets investment firm TCM Global Asset Management (formerly Token Capital Management) is making its first international foray. TCM is chaired by former ANZ managing director of global markets, Steve Bellotti, and its chief executive is former JP Morgan managing director of Asia Pacific commodities trading, Jon Deane. The firm has acquired a controlling stake, alongside high profile blockchain investor Frank Amato, in Cleveland-based Grasshopper Capital. Grasshopper Capital's first fund, launched in 2017 and closed in 2018, returned 29.28%. The fund was long only and focused on infrastructure opportunities in the blockchain ecosystem. Grasshopper has now announced it will be launching a new fund, Grasshopper Capital Fund II LP, […]
DETAIL