Australian FinTech company profile #33 – Cloudfloat
Cloudfloat provides buy-now, pay-later arrangements for small businesses
Verrency completes $10 million Series A raise
Australian payment innovation company, Verrency, closes a $10 million Series A funding round, bringing total investment in the company to over $20 million
Why AI-powered personalisation is crucial for QSRs
For a new customer, reading a menu for the first time can be overwhelming and confusing. AI removes this stress by presenting intuitive options.
What Apple’s credit card means for Fintech
To the traditional financial sector’s dismay, nightmares have become reality and Apple is now a banking player. After years of discussion about whether Big Tech corporations will enter this domain, details of a payment card were unveiled, threatening to blow all other newcomers out of the water. Apple Card, launched in partnership with Mastercard and Goldman Sachs, will leverage the success of Apple Pay and will be available as a built-in feature within the Apple Wallet application on iPhone. Boasting the promise of a “healthier financial life,” the new credit card will also offer 2 percent cashback on all transactions – which they will receive on a daily basis, making […]
UBank launches world’s first consumer Green Term Deposit certified by the Climate Bonds Initiative
UBank is now offering Australians with a sustainable way to invest with today’s launch of the world’s first Green Term Deposit in the customer space certified by the Climate Bonds Initiative (CBI). UBank’s Green Term Deposit is matched to a portfolio of renewable energy projects such as wind and solar power, and low carbon transport and buildings. It allows customers to use the savings in their term deposits to support a positive environmental impact, while still enjoying a high return. Certified by CBI, a not-for profit that has developed a standard for investments which address climate change, UBank’s Green Term Deposit is available to all customers with a minimum $1,000 […]
Home loan wrecker Athena proves demand for a new lending alternative
Homeowners don’t realise how much they’re being ripped off with rates. A new alternative has launched today on a mission to save Australians a lot of money by helping them pay off their home loan faster. A game-changing shake-up of the mortgage market has arrived with the launch of Athena – a home loan company on a mission to help Australians pay off their home loan faster. Launching with a highly competitive variable rate from 3.49% p.a for owner occupier principal and interest loans, and one of the best in market rates for investors starting at 3.89% p.a, Athena offers a genuine alternative to homeowners looking for change with their […]
OpenSparkz completes second capital raising, attracts local and Asian investors
OpenSparkz, an Australian fintech which has developed a global platform that removes the need for loyalty cards, offer codes and coupons, today said its second capital raising has closed oversubscribed. The latest seed raising of AUD$1.5 million attracted new regional and local investors alongside further commitments from the founders and original backers. New investors include Louise Daley, the Singapore-based Deputy Chief Executive of Accor Hotels Asia Pacific. Ms Daley will join the OpenSparkz board, which currently includes Andrew Lo, the founder and CEO of Hong Kong-based EFT Payments. “I am excited to be taking up an investment opportunity in such a dynamic player. This is a rapidly evolving industry and […]
Square launches payments SDK, enabling developers to process payments with Square in their mobile apps
Today Square announced the launch of the Square In-App Payments Software Development Kit (SDK), enabling developers and businesses to process payments with Square within their consumer-facing mobile apps for the first time. With just a few lines of code, developers can easily and professionally build a fully secure and elegant Square-powered payments flow in their Android or iOS apps. With this SDK, developers leave the complexity of payments to Square and focus instead on providing a more enjoyable customer experience. The In-App Payments SDK provides a customisable payments flow that works with the most popular payment types. The SDK includes a beautifully designed, interactive user experience that guides buyers as […]
