Aussie FinTech Octet goes global with new partner in China
Octet, a global financial technology company, has welcomed Asiafactor (CN) Limited as the latest licensee of the Octet platform. A successful Chinese supply chain finance organisation, Asiafactor will leverage Octet’s revolutionary supply chain management and financing platform to enable its customers to manage and pay international suppliers, saving time and freeing up their cashflow. Asiafactor will offer the Octet-enabled platform to serve both existing domestic small to medium enterprises, as well as to a vast range of prospective exporters throughout China. Customers leveraging the platform will be able to use their existing credit cards or other financing facilities to pay global suppliers at competitive exchange rates, removing the need for […]
The finalists for The Finnies 2022 have been announced
The finalists for The Finnies 2022 have been announced. Congratulations to all the fintechs, associated businesses and their hard working teams.
Car finance platform Driva doubles down with $6m growth round
Driva, an Australian Fintech platform that helps customers finance and insure their vehicle purchases, has banked another A$6M growth funding round.
Thank You & Merry Christmas!
From the team at Australian FinTech, we’d like to say a massive THANK YOU to everyone who has supported us over the past 12 months.
The 4th Annual Australian FinTech Awards finalists have been announced
The 4th Annual Australian FinTech Awards will be held in Sydney tomorrow night, Thursday August 1, 2019. Congratulations to all the finalists.
International transfer provider OFX launches developer portal with international payments API
ASX listed foreign currency exchange company OFX (formerly OzForex) today announced the launch of a developer portal, designed to provide the global developer community with turn-key access to the company’s new Payments API, with access to a 24/7 support team. OFX continues to lead the Australian Fintech industry by launching an International Payments API on a self-serve developer platform. Skander Malcolm, CEO and Managing Director at OFX, explained why the portal demonstrates the brand’s commitment to continuous advancement in the tech, product and payments space; “As the world moves to a place where automation, scale and efficiency are a basic need, the OFX team are striving to build products which […]
Partnerships driving the local fintech sector
Financial technology startups are growing in Australia, from less than 100 in 2014 to approximately 579 companies today. Many financial businesses see this as a direct threat, but if our country is to have any hope of building a world-class financial services technology industry, the future lies not in competition, but in collaboration. We are already seeing the local attitude change, with a recent PwC report finding that over 82% of financial institutions expect to increase fintech partnerships in the next three to five years. By partnering and collaborating with smaller fintech startups, established companies can accelerate industry growth and push the capabilities of both parties forward. Australia has a […]
