Local FinTech Look Who’s Charging eyes offshore expansion

Local FinTech Look Who’s Charging eyes offshore expansion

Local FinTech start-up Look Who’s Charging has been selected as one of only 24 companies from around the globe to present their business on the centre stage at Money 2020 in Las Vegas this coming October.

Look Who’s Charging is a Data as a Service business and one of the first companies globally to solve the problem of unrecognisable transactions.  Look Who’s Charging links the often-random narratives from debit and credit card transactions to in-depth merchant details.

NAB integrated Look Who’s Charging into their digital applications earlier this year.  In the past 12 months Look Who’s Charging has helped to de-mystify over 15 million transactions many of which would have resulted in a call to a bank or a chargeback.

Look Who’s Charging Co-Founder David Washbrook said “Feedback from NAB’s customers has exceeded expectations with 98% of respondents to a recent survey rating the service as either very positive or positive.”

“However, being able to truly understand and interpret customer spend has many far-reaching implications other than improving the customer experience and reducing calls to banks’ call centres, especially with the introduction of Open Banking.  Key other use cases include automating loan application procedures, friction-free loyalty, merchant level card controls, streamlined procurement reviews and improved fraud controls.”

Look Who’s Charging is using Money 2020 as a platform to help expedite their offshore growth plans.  The company will be pitching their business to a panel of leading VCs and industry experts in front of an audience of thousands.

“We made a recent trip to the UK off the back of the UK-Australia FinTech Bridge and we met with a number of UK banks and FinTechs.  Interest was extremely high and we’ve yet to come across a company globally that can match the depth and breadth of our dataset.  Money 2020 is an excellent opportunity to expedite our US expansion.  We also plan to make use of Austrade’s Landing Pad in San Francisco as part of the trip,” said Washbrook.