Two new fintech players in lending and deposits
RBA data shows that approved deposit taking institutions (ADIs, mainly the banks) held $624 billion of deposits in term accounts as of April 2019
The spectre of cryptocurrency is spurring banks into action
Goldman Sachs is weighing the idea of launching a cryptocurrency of its own, CEO David Solomon said late last week.
Spare change investor start-up expands into Thailand and Vietnam
Raiz allows users to round-up everyday purchases and pool their spare change to invest in equities, bonds and other securities.
OpenMarkets releases trading platform for advisers
OpenMarkets Australia has put out a new trading platform aimed at advisers who want fast online tools for trading and investing in Australian securities.
Australian FinTech company profile #30 – Private Reporting
Private Reporting’s online reporting platform provides a better way to track their investments and monitor what is really happening on their portfolios.
Challenger banks hit back at ‘delusional’ claim from fintech investors
A bold rejection of the business model of emerging digital-only banks was made by seasoned fintech investor Rajeev Gupta, partner at Alium Capital.
CMC Markets launches exclusive range of cryptocurrency indices
CMC Markets, one of Australia’s leading contracts for difference (CFD) providers, has launched three new cryptocurrency indices for CFD traders.
There’s another reason behind bitcoin’s 200% rise this year – it’s got nothing to do with Facebook
Bitcoin has been on a tear this year, rising almost 200% since the start of the year. There are multiple theories as to why, and one is gaining traction.
