Australian fintech Tic:Toc closes successful Series B funding
Australian fintech Tic:Toc, the world’s only fully digital home loan platform, today announced it has closed its Series B round, raising $11.5M in funding. The Series B funding, led by Genworth Mortgage Insurance Australia Limited (Genworth Australia) and Blackstone group entity La Trobe Financial, includes both new and existing investors and adds significant depth to the Tic:Toc share register, which also includes Bendigo and Adelaide Bank. The funding will allow Tic:Toc to further advance the capability of its platform as well as build greater brand awareness. It will also partially fund Tic:Toc ’s pending expansion into offering its automated assessment platform as a service to partners, as well as exploration […]
CXi sets course for scale up
CXi Software has ended the financial year with a strong quarter of activity, as it moves from a “start up” to a “scale up” business model. The company made a number of new senior management appointments in March and April – which preceded a move to new (and larger) premises on Queen Street in Melbourne’s CBD. The company also completed a Series A capital raising over the same period. New staff Adam Gernon was recently appointed as Chief Technology Officer, joining CXi from CenITex, where he was General Manager, Innovation and Delivery. Prior to CenITex, Adam had over 10 years’ experience in financial services technology at organisations such as NAB, […]
Prospa appoints Non-Executive Directors and Chairman
Prospa, Australia’s #1 online lender to small business, has today announced the appointment of Gail Pemberton AO and Fiona Trafford-Walker as Independent Non-Executive Directors to the Prospa Board. In addition, current Non-Executive Director Greg Ruddock has been appointed to the role of Chairman of the Board, having recently stepped down from the Board of Eclipx Group Limited to focus on Prospa. The new Board members will join existing Non-Executive Directors Avi Eyal from Entrée Capital, James Cameron from AirTree Ventures, and Executive Directors and Co-Founders Greg Moshal & Beau Bertoli. Joint CEO Greg Moshal commented: “Prospa’s success has been the result of a group of smart, talented and passionate people […]
Looking to Hire in Fintech? Australian FinTech Jobs is the answer
Since launching just over 10 weeks ago, Australian FinTech Jobs, the only dedicated Fintech employment platform in Australia, is already achieving the goals it was designed for. “Our intention for Australian FinTech Jobs is for quality, not quantity. The other large behemoth job sites can and will provide the quantity, but as we’re proving, we’re providing the right candidates,” CEO Cameron Dart announced. “Across the board, the feedback we’re getting is certainly encouraging – the number of applications are lower than our massive competitors, but the candidates are of a higher calibre. And in many cases, the hired jobseeker has come from our platform,” Dart continued. AustraliaFinTech.com.au, the No.1 website […]
finder Awards 2017: Innovation finalists announced
Entrepreneurs, start-ups and leading businesses are among this year’s finder Awards finalists. Finalists have been named across seven innovation categories following an extensive judging process in a range of industries from finance to technology, retail and travel. Fred Schebesta, co-founder and director of finder.com.au, says the annual awards have uncovered a diverse range products and brands which challenge the status quo – all with innovation at their heart. “From new smartphone apps to bite-sized property investing, these outside of the box ideas have the potential to change lives,” he says. “We were blown away by the calibre and number of entries this year; all of the finalists are finding solutions […]
Prospa appoints Rebecca James as Chief Marketing and Enterprise Officer
Prospa, Australia’s leading online lender for small businesses, continues to build on its growth with the appointment of Rebecca James as its new Chief Marketing and Enterprise Officer. Rebecca joins Prospa from ME Bank, where as CMO she led the transformation of the ME brand, simplifying the product offering and step-changing customer experience, which saw the bank increase its customer base by 40% as a result. She drove the establishment of a business-wide customer centric culture to transform the bank into a digitally led business. Rebecca has a wealth of experience in marketing and advertising, having held key marketing and leadership roles with challenger brands and strategic enterprise channels. Prior […]
CXi announces second client for Unit Registry
CXi Software has announced that it has successfully migrated its second client, in as many months, onto its cloud-based Unit Registry system – CXi-Registry™. “We’re delighted to welcome our second client; a significant Melbourne-based property firm managing some $2 billion in assets” said Seamus Ó Concheanainn, Managing Director of CXi. “This client is synonymous with professional property investing and is a terrific partner for CXi. Our CXi-Registry™ platform delivers the high-end capabilities that innovative fund managers require and feedback from our early adopters indicates we are meeting and exceeding market expectations in that regard,” Mr. Ó Concheanainn continued. “Our digital platform is the first purpose-built unit registry system developed in […]
Tom Culver of Goodments wins inaugural EY WAMTech PitchFest
Tom Culver, CEO and Co-Founder of Goodments, has been named as winner of the inaugural EY WAMTech PitchFest for his innovative FinTech solution in response to the problem statement of how to simplify the process for financial advice within the wealth and asset management (WAM) industry. Culver took out the top award among stiff competition from the group of five short-listed finalists at a special event held in Sydney last night. Supported by the Financial Services Council (FSC), the PitchFest called on FinTechs to help revolutionise the Australian WAM industry by designing innovative technology-based solutions to some of its biggest challenges, as identified via a survey of senior executives […]
