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.
New funding guide for business unveiled
The Business Funding Guide is a collaboration between the ombudsman and alternative lender Scottish Pacific Business Finance.
Prospa named Fintech Lender of the Year at MFAA National Excellence Awards
Prospa has been recognised as the top Fintech Lender at the MFAA National Excellence Awards, for the second year in a row.
Frollo joins Temenos Marketplace and accelerates delivery time for next-generation banking apps
Frollo, the award-winning digital finance platform, is now a featured partner on Temenos Marketplace for the Australian market.
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
Brighte secures $130m securitisation warehouse anchored by NAB
The facility is a $130m asset-backed securitisation warehouse with NAB providing $80m as the senior funder and also includes about $50m of mezzanine funding
Fintech lenders should band together to break the big 4 monopoly: loans.com.au
Leading Australian online lender loans.com.au has called on Fintech Lenders to put aside their differences and work together to beat the Big Four banks.
Australian fintechs urged to look at the super apps of China to take their business to the next level
PayPal and Stripe target payments, Robinhood on mobile investment, Kabbage on lending” while Chinese firms are building super apps, such as WeChat