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.
Till Payments – the big winners at the Australian Blockchain Industry Awards
Till Payments picked up two awards at the inaugural Australian Blockchain Industry Awards, also known as the ‘Blockies’, held by Blockchain Australia.
Australian FinTech company profile #39 – Payright
Payright enables merchants to accelerate return-on-effort by offering a buy now, pay later flexible payment option to their customers
Late payments set to improve under new deal
Crippling late payments could become ancient history for Australia’s two million small to medium-sized companies following an exclusive new partnership.
Zip exceeds expectations in final quarter
The last quarter of FY19 was a success for buy-now pay-later group Zip Co, with transaction volumes up 108% year-on-year to $1.1 billion.
