Here are the finalists for the 2021 Finnies
The Finnies are on again, representing many of the best fintech companies in Australia. Here is a list of the 2021 Finnies finalists.
Marketlend secures over A$200 million in funded capital
Marketlend secured over $200 million via a series of credit facilities from investors, including banks, credit funds and other institutional investors.
The PayPal for cryptocurrency trading: Trading platform moves out of beta testing
Brothers David and Ed Sapper wanted to build a trading platform that would have the same credibility as PayPal does for online purchases.
SendGold announces crowdfund via Birchal
SendGold has recently launched their anticipated investment EOI on the Australian crowdfund platform Birchal.
Nimble to exit payday lending
“While we transition from the payday lending market, we are building a strong suite of products which will eventually fill this void,” said CEO Gavin Slater.
Decentralised forms nation’s first crypto vault, says bitcoin not a bubble
Stephen Moss-led Decentralised Capital has formed a partnership to capitalise on growing interest in digital currencies and new-age vaults, reflecting his view that bitcoin is not a bubble waiting to burst. The blockchain assets and investments firm has teamed with safety deposit box group Custodian Vaults to set up what they claim is Australasia’s first insured cryptocurrency vault. Custodian Vaults is part of precious metals firm Pallion Group. “This is a solution for the next phase of the industry and it gives real security,” Mr Moss, the son of former Macquarie Group veteran Bill Moss, said in an interview. “You can’t hack your way into the safe.” “In my opinion […]
Banks and fintechs at war over password sharing
Micro investment company Acorns has accused ANZ Banking Group and other banks of telling customers they can’t share account passwords with the start-up, retarding its growth. Fintech Australia, the new lobby group for financial services start-ups, has formed an “open data subcommittee” to push for changes to the ePayments Code to make it clear that bank customers can give passwords to fintechs without banks having to provide approval. Sharing passwords with fintechs is a legal grey area. Acorns, which invests small change in exchange traded funds, lets users see their bank account activity and round up transactions to the nearest dollar. The app then invests the “change” in an investment […]
