Markets in the eye of the storm
Investment markets are in the eye of the storm. The initial storm danger came as COVID-19 hit, decimating jobs and smashing demand.
Frollo hits 1,000,000 CDR (Open Banking) API calls
1,000,000 CDR (Open Banking) API calls. It’s a big milestone, not just for Australian fintech company Frollo, but for Australian consumer finance.
Xero is getting into business lending, buying Sydney financing startup Waddle for $80 million
Xero is moving into lending to small business through invoice financing, announcing plans to acquire Sydney startup Waddle for up to $80 million.
Digital lender introduces tiered variable rates
Neobank 86 400 has introduced tiered variable rates for borrowers, enabling customers with higher deposits to access cheaper rates.
Challenger B2B fintech Parpera aims for $800,000 crowdfund target
B2B fintech Parpera has opened shares for trading with equity crowdfunding platform Equitise, with the aim of raising $800,000.
ETF Securities hits $3 billion in funds under management
The Australian ETF industry touched an all-time record high of $67.2 billion in funds under management (FUM) in recent weeks.
