EML acquires Sentenial Group & enters the Open Banking market in Europe
EML has entered into a binding agreement to acquire 100% of Sentenial Group for €70 million upfront, plus an earn-out component of up to €40 million.
SMSFs looking to ride the cryptocurrency wave
Cryptocurrency is proving to be an attractive option for many SMSFs that have done their research and are comfortable with the risk.
Robo-advice prospering with younger generations
Robo advice is growing in Australia particularly among younger generations who lacked sufficient savings to enter the traditional share market.
Wisr makes strategic investment in European financial wellness fintech platform Arbor
Wisr announce today it has executed a term sheet to invest, via a convertible loan structure, in European financial wellness fintech platform, Arbor.
Airwallex’s latest US$100 million capital raising puts valuation at US$2.6 billion
Airwallex announced that the company’s valuation has increased to US$2.6 billion with a capital raising of US$100 million in a further Series D extension.
Australian fintech Earnd acquired by the UK’s Wagestream
UK-headquartered Wagestream has acquired Australian fintech startup Earnd.
Australian investors lag behind the global trend for passive funds and are playing catch up on ESG, Calastone research shows
The shift in investor preference for passive funds over active funds continued inexorably over the last two years, Calastone research shows.
DTCC proposes way forward to achieving global data harmonization in derivatives trade reporting
The Depository Trust & Clearing Corporation (DTCC) today outlined a three-prong plan to further harmonize derivatives trade reporting requirements.
