Search Result: grow finance

Jun
24

Bitcoin is trading above $10,000 for the first time in over a year following Facebook’s cryptocurrency announcement and strong 2019 growth

The price of a single bitcoin exceeded $US10,000 for the first time since March 2018 on Friday, according to CoinDesk.

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Jun
21

SME finance comparison site secures $1m investment

According to the finance matching platform ebroker, the investment comes after a strong period of growth for the website.

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Jun
13

Alternative lender partners with training institute to accelerate business growth

Beyond Merchant Capital have teamed up with The Entourage, Australia’s most effective business training institute to provide backing and direction to SMEs.

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Jun
11

Fair Go Finance partners with Australia’s leading rental property website

Fair Go Finance partners with Australia’s leading rental property website rent.com.au to develop and fund convenient financial products aimed at renters

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Apr
30

Wisr delivers record loan origination growth on the back of an oversubscribed capital raise and multi-product business momentum

Wisr Limited (ASX: WZR), Australia’s first neo-lender, grew new loan originations to a record $18.8 million last quarter, the Company announced as part of its Q3FY19 business update.

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Apr
15

Rejected by banks: SMEs struggle to secure finance

Research commissioned by OnDeck, a leading online SME lender, highlights the problems that small businesses face trying to secure finance. Two out of five SMEs surveyed have sought finance in the past. However, almost one in four (23%) have been knocked back by their bank. Rejection rates rise to 37% among businesses that have been in operation for less than five years. Noah Breslow, Global CEO of OnDeck, says, “What is particularly concerning, is that one in three SMEs rejected for bank finance have had to reach out to family or friends for funding, or have simply resorted to using a credit card.”   Lengthy finance approvals hurt SME operations […]
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Apr
04

WEX partners with Australian supply chain finance solutions provider Octet

WEX (NYSE: WEX), a leading financial technology service provider, announced today that it has partnered with Sydney-based supply chain technology provider and financier Octet. Octet is a supply chain management and financing platform that enables Australian small- and medium-sized businesses to manage and pay local and international suppliers. The platform uses enterprise-grade tools to enable its customers to track, validate and authorise each step of the supply chain. This provides Octet’s customers with full visibility of all supporting documentation and the ability to facilitate payments through multiple methods. Through the partnership, Octet’s customers will benefit from WEX’s virtual credit cards to pay their suppliers. The full benefits of using WEX’s payments […]

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Mar
22

Automic Group appoints FinTech leader Astrid Raetze to accelerate growth

Automic Group announces the appointment of Astrid Raetze as an Executive Director. A tech company that provides a unique ecosystem of share registry, company secretarial, legal and finance services, and which already services more than 10 per cent of ASX listed companies, Automic is delighted to celebrate the appointment of an exceptional leader. Astrid was previously a partner at KPMG, where she was the Australian Head of FinTech. She has more than 20 years of experience in the finance and legal industries, including a long tenure with Baker & McKenzie where she was the Global Head of FinTech, a member of the Global Innovation Committee and the Australian lead for […]

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