Tech unicorn Airwallex raising more funds
Airwallex was valued at over $US1 billion ($1.5 billion) last year, making it a tech ‘unicorn’, after it raised $US100 million from high-profile investors
Xinja Bank launches capital raise for sophisticated investors as part of Series D
Xinja Bank, Australia’s independent neobank built entirely for mobile, has launched a fund raise aimed at sophisticated investors.
Raiz sees growth as FUM nears $465m
Raiz Invest Limited (ASX: RZI), Australia’s largest, mobile-first financial services platform, has reported FUM now sits at $464.67 million.
Human touch secures $14m for debt collection fintech
Debt collection agency InDebted has raised $14 million in one of the largest venture capital rounds seen in Australian fintech this year.
Aussie fintech investment up 252%
Investment in Australia’s fintech sector “smashed previous records” last year, jumping up to $2.9 billion according to data from KPMG.
How does cryptocurrency work?
About 25 million people around the world use bitcoin, a type of cryptocurrency that lets consumers buy goods and services, or trade their coins for a profit
Domacom continues to improve balance sheet by driving funds under management through distribution channels
DomaCom is intent on improving its balance sheet as the company primarily focuses on driving funds under management via its distribution channels.
Aussie fintech investment reaches $3 billion after 250% growth… but don’t celebrate just yet
Fintech investment in Australia is bucking the international trend. On a global scale, fintech investment actually dropped slightly.
