SendFX Australian Review
SendFX is an Australian owned money transfer company that launched in 2019. Find out if they are worth using to send money overseas.
Proposed Australian migrant bank to be powered by blockchain
Blockchain technology will be at the core of a new bank aimed at servicing Australia’s migrant population which being developed by ASX-listed Novatti Group.
SendFX launch marks a significant change for global payments
Launched in early May, SendFX has been established with the vision of becoming the go-to destination for making overseas payments.
Aussie start-ups offer bite of the blockchain in Big Apple
Australian blockchain start-ups are attending the Consensus blockchain conference this week, as part of an Austrade mission to New York.
Frankie Financial powering Aussie neobank boom with new regtech
Frankie Financial announces it has signed deals with Xinja Bank and Novatti Group, as it works to provide the tools to power Australia’s NeoBank boom.
Australian and African tech startups forge Blockchain-Powered partnerships
Now fintech companies like Australian startup Power Ledger are combining renewable solar energy and blockchain tech to deliver P2P energy trading solutions. They have already expanded their activities in India, Europe, Southeast Asia, and the US and are looking for more opportunities. They have attended ACTAI & Bitfury’s Annual Blockchain Summit in Morocco last year, discussing how blockchain and bitcoin-based tech can help transform the region and the world. Last year, Tanzanian fintech startup ClickPesa joined forces with Australian fintech and telecom leader Novatti Group to facilitate cross-border transactions for Australian mining companies based in Tanzania. They used an AUD utility token and the blockchain-based Stellar protocol, which provides a […]
A fintech wanting to be ‘Australia’s leading migrant bank’ has launched a $4 million placement
There are plenty of fintechs and plenty of small caps seeking money from Chinese consumers, but few companies that are both. Novatti (ASX: NOV) is one of them. The ASX-listed small cap is a holding company for half a dozen fintech platforms. One of these is chinapayments.com which allows Chinese people in Australia to pay Australian utilities bills through AliPay. They receive fees on a per-transaction basis for payments through the platform. In December, the volume was around $200,000 a month but in January this rose to $460,000. For those with loved ones back home, they can send money overseas through TransferBridge or MoniSend, or alternatively pay bills on their behalf. […]
This Aussie fintech is now helping give banking services to rural communities in Syria
Novatti Group Limited, an online financial transactions processor and financial technology developer, announces it has entered into a supply agreement with Banque Bemo Saudi Fransi (BBSF). Novatti has entered into the supply agreement with BBSF to supply its agency banking services and mobile payments platform. BBSF is a leading and trusted bank among Non-Government Organisations (NGO’s) that has been operating in accordance with global banking standards providing retail-banking services for 14 years. Under the NGO umbrella, a key program of the bank is to enable distribution of financial aid to rural consumers within Syria, most of who are not catered for in the current banking space. The platform being supplied […]
