Afterpay-led buy now, pay later sector booms as more money pours in
The buoyancy of the listed buy now, pay later stocks is filtering into the private market, with Payright securing $12 million in funding.
Westpac backs mx51 to tackle global payments invasion
Westpac Banking Corp is backing a new payments spin-off – mx51 – to help it fend off an invasion by global payments software companies
COVID carnage: Limepay raises $6m to help merchants take control of BNPL
The lifeline this gives to merchants couldn’t be more timely, according to Limepay Founder & CEO, Tim Dwyer.
Neobank 86 400 warns RBA scheme driving big four’s cheap fixed rates
Major banks have led a sharp drop in fixed rates, which mortgage brokers last week said had contributed to the big four gaining market share.
Buy Now Pay Later market to double by 2023: Report
The buy now pay later market in Australia has grown from 3% of all ecommerce payments in 2018 to 8% in 2019.
Splitit boss hits out at ‘profiteering’ buy now, pay later rivals
Brad Paterson, the head of new buy now, pay later entrant Splitit has hit out at rivals offering vulnerable consumers lines of credit.
Fintechs eye $15b fighting fund as Judo bags cheque
Prospa, Zip and Flexigroup are among a group of fintechs considering applying for government support under a $15 billion structured finance fund.
Australian FinTech company profile #80 – MemberCheck
MemberCheck provides an online Anti Money Laundering and Counter Terrorism Financing service which specialises in PEP and Sanction screening.