Australian FinTech company profile #75 – Live capital
Live capital helps small and medium businesses find the loan that best suits their business by providing access to a network of premium lending partners.
ACS CEO highlights opportunities for fintech sector
Australian businesses could reap up to $16b in benefits from a thriving Australian fintech sector, ACS CEO Andrew Johnson told Senators.
Payright supports AFIA Buy Now, Pay Later Code
Payright welcomes the recent announcement by the Australian Finance Industry Association (AFIA) on establishing a Buy Now, Pay Later Code of Practice.
RMIT’s Blockchain Innovation Hub gets a $6m boost
Victoria’s RMIT University has funneled an additional $6 million towards its Blockchain Innovation Hub
SocietyOne announces warehouse facility and $15m equity raise
Australia’s first and largest consumer marketplace lender, SocietyOne, has established a warehouse facility arranged by NAB, alongside a $15m equity raise.
No ‘passive’ stakes for CBA in new fintech push
CBA hopes to get the edge on rivals by launching 25 new fintech businesses over the next five years via the bank’s new fully-owned fintech entity named X15.
Open banking and neobanks to continue their slow burn in 2020
According to RFi research there is minimal consumer awareness of open banking and neobanks in Australia
APRA could oversee Facebook’s controversial cryptocurrency play Libra
The banking regulator APRA says it could oversee Facebook’s controversial push to introduce a new global cryptocurrency into Australia.
