P2P lending: What is it and how does it work?
P2P lending is where a central platform acts effectively as an introducer between parties that want to borrow money and parties who are looking to invest
ASX-aspirant MoneyMe valued at up to $243 million
IPO hopeful MoneyMe, backed by Vocus Communications founder and one-time small cap fundie favourite James Spenceley, has been valued at up to $243 million.
Fintech Wisr secures $200 million NAB funding
One of the key highlights of the NAB funding include an initial $50 million warehouse size with the potential to increase the size up to $200 million.
Raiz’s active customers exceeded 200,000, growth in superannuation FUM more than doubled to $55 million in the past 12 months
Raiz Invest, Australia’s largest mobile-first financial services platform, today announced an update for the three months to 30 September 2019.
Iress to automate superannuation, signs with ESSSuper
Iress has signed an agreement with Emergency Services and State Super (ESSSuper) to deliver the service, which is called Automated Super Admin.
GoldFund.io announces the launch of their CryptoCurrency/Gold Exchange and Gold Vending Machine
Australian fintech company GoldFund.io announces the launch of a CryptoCurrency Exchange that pairs their proprietary GFUN Token with Gold.
Explained: How ASX’s blockchain will change finance
Developers are planning on using the ASX’s blockchain to bring registries in-house, automate proxy voting and mutualise KYC.
Lightspeed to bolster Asia-Pacific presence with acquisition of Australia-based Kounta
Lightspeed POS has entered into an agreement to acquire Kounta, an Australian, cloud-based POS solution provider for SMBs in the hospitality industry.
