SpendConsole opens Dubai office amid surging demand for AI-driven, accounts payable automation solutions
SpendConsole, Australia’s leader in enterprise AI-powered accounts payable automation, announces its expansion into the United Arab Emirates.
Australia’s leading investment app Raiz helped Millennials and Gen Z save over $441 million in 2023
Investment app Raiz announce facilitating the saving and investing goals for Millennials and Gen Z to the tune of over $441 million in 2023.
DASH Technology Group nears 50% FUA growth in 2023 as its software mimics platform growth
DASH has experienced its strongest year yet, with investment platform FUA increasing by 46.89% compared to 31 December 2022.
Goldman Sachs achieves 99%+ same day affirmation rate and improved settlement rates leveraging DTCC’s CTM Match to Instruct workflow
DTCC announce that Goldman Sachs has achieved a greater than 99% same day affirmation rate and a significant improvement in settlement rates.
Innovation and consolidation key drivers of fintech M&A
Fintech startups are looking at M&A as a pathway for growth, driven by the need for scale or to acquire additional service offerings.
ASX-listed fintech Douugh launches new Merchant payment gateway, Douugh Pay
Central to Douugh’s scale up strategy of its direct to consumer offering is via merchant partnerships, with the launch of its new Douugh Pay product.
Investors cautioned about global risks in a domestic portfolio: PrimaryMarkets
Australian domestic investors would be foolish to ignore global risks and crises, which can have significant implications on local investments
Australia’s fintech activity falls 76% to A$910 million amidst global slowdown
Australia saw a 76% drop in fintech deal value in 2023 to US$587.5 million (A$910 million), while the deal count fell by a third to 95 transactions.