Search Result: max id

Jun
11

Gobbill

We’ll pay your bills on time, every time

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Mar
23

Game-changing Aussie fintech Investfit in $1.5m raise uses predictive analytics to turbocharge retirement savings

A new online application for financial planners and advisors has been launched into the Australian market, which can provide clients with a material uplift in retirement savings – potentially in the hundreds of thousands of dollars.   Investfit uses sophisticated predictive analytics to maximise financial goals, such as retirement income, by simulating a person’s financial future using technology that crunches billions of calculations in real time.   VC firm Sapien Ventures, spanning Silicon Valley, Australia and Asia, led a $1.5 million Series A funding round to back the company. Investfit now plans to build sizeable market share across Australia and expand into the Asia and US. Through Sapien’s connections, Investfit […]

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Mar
13

managedaccounts.com.au invest in platform upgrades to support advisers

A new cloud based solution announced today by managedaccounts.com.au promises to transform the adviser and investor experience through a market leading intuitive front-end. ASX listed managed discretionary account (MDA) provider, managedaccounts.com.au is partnering with specialist fintech firm CapitalRoad to implement a new solution for its user interface and middle office requirements to replace its inhouse developed and supported proprietary software. Melbourne-based CapitalRoad is a specialist provider of integrated cloud-based software as a service (SaaS) for the financial services industry. managedaccounts.com.au Chief Executive Officer David Heather said the new solution represented a significant investment which would have major benefits for advisory firms, wealth managers, advisers and their clients and is expected […]

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Jan
31

Founder of AMP-backed fintech warns on corporate venture capital

The co-founder of a fintech acquired by AMP’s shuttered venture capital arm says start-up entrepreneurs who choose to take investment from a big corporate player must have their “eyes wide open” and be careful about their motivations. Jemma Enright, who was also chief executive of budget management platform MoneyBrilliant which AMP New Ventures wholly acquired in 2016 after an initial $1.5 million investment in 2014, said that corporates can bring a lot of value if there is a “shared vision”. “But if you are going down the path of a corporate investor, you need to ask the question of where their interests really lie, why they are entering the space […]

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Jan
31

Announcing the APAC Blockchain Conference

Quest Events are excited to announce the launch of the APAC Blockchain Conference, developed in partnership with the Australian Digital Currency Commerce Association (ADCCA) and supported by Australian FinTech, set to take place from 7-9 March 2017 in Sydney. The event will focus on identifying the opportunities and overcoming the challenges to make revolutionary blockchain technology a reality. By bringing together over 40 blockchain leaders from across Australia and further afield, the event aims to deliver a comprehensive insight into how blockchain can be commercially implemented and the challenges that still need to be overcome. Key speakers that can be highlighted include: Joseph Lubin, Co-Founder, Ethereum and Consensys Ahmed Fahour, Chief Executive Officer, […]

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Jan
30

Westpac’s Reinventure buys tech start-up Doshii

The Westpac-backed venture fund Reinventure has splashed its cash on Melbourne-based payments platform start-up Doshii, a spin-off of Australian point-of-sale vendor Impos. Westpac is the largest investor in Reinventure, which recently launched a second $50 million fund to invest in about a dozen Australian technology ventures. It comes amid a broader trend of Australia’s biggest banks investing in fintech companies aiming to disrupt the payments market, which has so far produced mixed results for the incumbent financial giants. Doshii is the country’s only application programming interface company, and gives app developers a common platform that works with hundreds of point-of-sale systems. Its aim is to overcome a problem in the […]

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Jan
27

Fintech Avoka banks on big success

After topping up with $16 million of growth capital in the middle of last year, the leading Australian fintech company Avoka is eyeing off a potential IPO next year as it aims to make good on chief executive Phil Copeland’s drive for a $1 billion valuation by 2020. Next Tuesday, Avoka, which was one of KPMG’s top ten global fintech innovators in 2015, will announce the appointment of KPMG deal advisory partner Matt Lewis as chief financial officer. Lewis will help drive Avoka’s international expansion, with the company having added 50 staff to its global workforce of 95 since last year’s raising. Annual revenue this time last year was running […]

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Jan
13

How integrating digital can help banks save money, improve sales

By Don Bergal, CMO at Avoka Retail banks are successfully integrating digital into a continuous omnichannel experience for customers across marketing, selling and delivery of their products. With the internet continuing to make inroads into almost every aspect of our daily lives, the need for this integration — and the opportunity it presents — is obvious. Digital Customer Engagement Heavy use of digital for promotional and marketing purposes — through social media, internet search, digital ads, websites and so on — is now commonplace. The service element, i.e. how customers consume financial products, has also been transformed by the rise and popularity of online banking. For instance, most banks now […]

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