Fintech lender Lumi targets $20M raise to fund aggressive expansion
Fintech lender Lumi announce A$20M capital to turbocharge growth and aggressively expand its team and market footprint over the course of the next 12 months
Netwealth takes stake in Aussie fintech
Wealth management company Netwealth has announced its investment and partnership with data solutions fintech Xeppo.
Australian fintech VC investment bullish in 2020, merger activity declines: KPMG Pulse of Fintech
Investment in Australia’s fintech sector has accelerated in the first half of 2020, reaching A$517.3m according to the latest KPMG Pulse of Fintech report.
ASX-listed fintech to buy Wirecard
Change Financial has entered into a binding agreement to acquire all of the business assets of Wirecard Australia and NZ for $7.8 million.
OpenInvest platform adds BlackRock to its marketplace
OpenInvest has taken a major step forward with the addition of model portfolios managed by BlackRock, one of the world’s leading investment managers.
Explaining digital gold – is it part of fintech?
With the world’s fiat monetary forms under tension and cryptocurrencies yet to accomplish balance, digital gold has wound up being an appealing option.
Australia recognised as “strong fintech hub” globally
Australia is showing itself to be a strong fintech hub globally, with solid investments in H1’20 despite rising pandemic concerns
Ignition engages Morgan Stanley Wealth Management for additional capital raise
Ignition Advice has engaged Morgan Stanley to raise additional capital of up to $35million, with a post-money valuation of $105 million.
