FinTech

Feb
19

PlayChip lists on IDEX

PlayChip’s listing on IDEX is its fourth listing in less than three weeks, following its successful listing on Australia’s first regulated cryptocurrency exchange, Independent Reserve, in late January. The token is also listed on top ten exchange HitBTC and LATOKEN. The PlayXchange, the economic centre of PlayChip’s online gaming ecosystem, has had over 12,000 registrations since its inception in December of last year. The PlayChip was also integrated into online fantasy sports gaming platform, PlayUp, in January, where it can be used to enter daily fantasy challenges in numerous global sporting events. The PlayChip is expected to integrate into two additional gaming platforms in the coming months. In Q2 of […]

DETAIL
Feb
19

SME fund legislation will “fill the void”

The government introduced the legislation last week to establish a $2bn securitisation fund to help small and medium businesses get better access to finance.

DETAIL

Novatti just started making pots of money from its Alipay bill website

Novatti isn’t buying Australian milk to send to China, but has found another way to tap the moneyed Chinese population at home and overseas. The company says its gamble on a payments service for China residents to pay bills in Australia is paying off so well they’re looking at transaction volumes rising from $460,000 in January 2019 to an estimated $700,000 in February. In the December quarter the dollar value of transactions still only averaged $200,000 a month. As to the reasons for the pick-up? Novatti CEO Peter Cook attributed it to an increasing level of trust as the product spends more time on the market. “We think it’s partly […]

DETAIL
Feb
18

Lakeba Group CEO Giuseppe Porcelli appointed as Chief Strategy Officer for Mobecom Ltd

Lakeba Group CEO and Founder Giuseppe Porcelli has been appointed by Mobecom Limited (ASX:MBM) as Chief Strategy Officer with immediate effect from 1 February 2019. He will join the Mobecom executive team and be introduced to shareholders in upcoming future meetings. The appointment is a natural evolution of the partnership between Mobecom and Lakeba. Earlier in 2018 Mobecom announced Lakeba as their blockchain developer partner to build the cryptocurrency solution, AirCrypto for airBux, their customer loyalty platform. Following that, at the end of 2018 Lakeba’s Paid By Coins venture was acquired by Mobecom just six months after the business had launched. Giuseppe Porcelli’s appointment comes as part of a wider strategic review Mobecom […]

DETAIL
Feb
18

Just $82 will buy you a slice of this Perth house

A Perth house is going on sale, with investors able to buy a small bit of it for just $82. Australian fintech BrickX buys up investment properties and allows investors to purchase a slice of them by dividing it into small units called “Bricks”. While the idea, dubbed fractional real estate investment, is not new, Sydney-based BrickX took it to retail investors in 2015 at the height of Australia’s property boom when many ordinary folks were priced out of the market. The startup already has properties in Sydney, Melbourne, Ballarat and Adelaide — but this is the first time it has ventured into the Perth market. “It’s no secret that […]

DETAIL
Feb
18

How Blockchain crowdfunding could soon kill off the ICO

The words Blockchain and ICO might go together like sausage and mash but there’s a good reason, it generated nearly $8 billion in funds raised in 2018. Impressive but still only a tiny fraction of the global crowdfunding industry and already this year we’re seeing a sharp decline. Whereas in the traditional crowdfunding arena the odds are better, the industry is expected to hit $300 billion by 2025, with over $34 billion raised to date. Besides the staggering money raised, crowdfunding promotes product innovation, provides access to capital to founders, and leads to job creation. However, there are downsides in the industry. It is reported that nearly 78% of all crowdfunding campaigns fail to […]

DETAIL
Feb
18

Five Steps to Being a Confident and Smart Bitcoin Investor

The crypto-economy may seem like a dangerous place with little to no guarantees and many traps one can potentially fall into, but that’s actually not true at all. Everyone can choose what kind of investor they want to be and how much risk they’re willing to accept. In this article, we explain how you can become a confident and smart Bitcoin investor in just a few simple steps to give you an early start on your cryptocurrency journey.   To read all about it, please click on the link below… Source: Digital Surge – Five Steps to Being a Confident and Smart Bitcoin Investor

DETAIL
Feb
15

Peppermint collaborates with BancNet on Mobile Banking

Peppermint Innovation Ltd (ASX:PIL) advises it has teamed up with BancNet to provide their mobile banking technology and services that facilitate electronic fund transfers (EFT’s) in real time to BancNet member outsourcing banks. BancNet is the Philippines single Automated Teller Machines (ATM) switch operator connecting the networks of local and offshore banks. It is a multi-bank, multi-channel electronic payments network that enables its members’ customers to transact not only at ATM but also at point- of- sale (POS) terminals, the Internet and mobile phones. BancNet is the largest interbank network in the Philippines serving ATM cardholders of its 114 members and affiliates with circa 20,000 ATMs and more than 5,000 […]

DETAIL