Capital Preferences opens office in Stone & Chalk
Capital Preferences, a leading global financial technology company has joined Stone & Chalk, the leading Australian independent, not-for-profit fintech hub. Capital Preferences’ enterprise risk-profiling and product recommendation system is a next generation tool for banks, insurers, super funds and wealth managers who are seeking to better understand, advise, risk manage and grow their client base. The system is the brain that creates a patent pending set of measures on each client, called an Economic Fingerprint™. The system adds scientific precision and efficiency to mission critical tasks for advisers and regulators– such as understanding a client’s true risk, time or legacy preferences. “Capital Preferences’ aim is to replace outdated and imprecise […]
MoneyMe gets $30m capital raise
Consumer fintech firm, MoneyMe, has announced a $30 million capital raise from an ultra-high net worth Australian family office, which has branched out into fintech after investing mostly in large scale property on the eastern seaboard. The capital raise includes both debt and equity, and will fund the launch of a series of niche financial products aimed at millennial throughout 2016. MoneyMe chief executive, Clayton Howes, said the millennial market was important for fintech as they were inclined to spend big on lifestyle and convenience, and were willing to pay a premium for it. “Fintechs with the ability to create niche products that are delivered in a tailored way that […]
Fintech firm GetCapital ties up with China’s Alibaba | The Australian
In its last financial year, Chinese e-commerce giant Alibaba generated $US394 billion ($537bn) of transactions on its platforms as businesses around the world sourced and sold a bewildering range of goods. It is the sort of number that has not been missed by the swarm of new fintech (financial technology) companies scouring for partners to increase the number of customers. After flying under the radar since its formation in early 2013, GetCapital, a fintech that lends to small businesses, will today unveil a deal with Alibaba in which Australian importers and exporters can get finance on the platform. The company hopes to help businesses that struggle to get working capital […]
Global X ETFs introduces latest innovation in Gold-backed ETFs
Global X ETFs have launched the Global X Gold Bullion ETF (ASX: GXLD), expanding the company’s range of gold-backed products.
Zepto appoints Colin Baines as Chief Commercial Officer to grow market share as real-time payments adoption accelerates
Zepto have announced its latest C-Suite appointment with Colin Baines joining the Executive Leadership team as Chief Commercial Officer.
Liquidise launches to solve private company equity liquidity
Liquidise Founder and CEO, Andrew Ward, said while the idea of a private market wasn’t new, Liquidise offered something that is – guaranteed liquidity.
Fintech startup Yondr Money acquires nano-gifting platform Shouta
Australian fintech startup Yondr Money have announced the acquisition of the nano-gifting platform Shouta.
Australian fintech startup Stables launches international remittances between Australia and The Philippines
Australian digital wallet provider and payment startup Stables has today announced the launch of international remittances for its thousands of users.