Unique fraud fighting platform eftsure secures additional $2.5m funding
Australian fintech company eftsure has just secured an additional $2.5 million in funding to accelerate its growth and meet the demand for its protection platform.
The 4th Annual Australian FinTech Awards finalists have been announced
The 4th Annual Australian FinTech Awards will be held in Sydney tomorrow night, Thursday August 1, 2019. Congratulations to all the finalists.
Apple Pay is growing faster than the internet’s favourite payment service, PayPal
Apple CEO Tim Cook said that Apple Pay is now completing nearly one billion transactions per month, which is more than twice the volume of a year ago.
Zip & Afterpay rival Sezzle Inc debuts on ASX following its oversubscribed IPO
Technology driven payments company Sezzle Inc commenced the trading of its CHESS Depositary Interests (CDIs) on a deferred settlement basis on the ASX today
Buy now, pay later platform Payright raises $27 million, total fundraise exceeds $55 million
Innovative payment plan provider and Australian fintech Payright has completed a $27 million Series D fundraise through a mix of debt and equity.
Australian draft bill excludes digital currency from new cash payment limit
This makes it difficult to apply the cash payment limit in a way that would not largely prevent the use of digital currency in Australia.
Zip Co master trust up and running with $400m deal
Buy now, pay later payments provider Zip Co has won over equity investors in recent months, and has now set its sights on credit funds.
Major banks could face challenges from big tech with updated Reserve Bank rules
The Reserve Bank of Australia has thrown open the gate for technology companies to enter the payments space and challenge the big four banks’ oligopoly.