Afterpay challenger Splitit up 90 per cent on first day of trade
Israeli fintech start-up Splitit has got the tech initial public offering market off to a cracking start for the year, with the payments-splitting company jumping 90 per cent on it first day of trade. Having raised $12 million and listed with an issue price of 20¢ on Tuesday, Splitit ended the day at 38¢, giving it a valuation of $100.3 million, having capitalised on the momentum behind peers such as Afterpay and Zip Co. The company, which was founded in 2012 by Gil Don and Alon Feit, has created technology that sits on top of the payments “rails” used by Mastercard and Visa to allow individuals to split the cost […]
Monoova launches PayTo education campaign
Australia’s leading business payment solutions provider Monoova, launches its PayTo campaign today.
Monoova announces senior appointment amid continued growth
Monoova has welcomed Lionel Beraldi as Head of Growth, further supporting the firm’s continued expansion in the Australian market.
Monoova and Nudge partner to help more Australians own their financial goals
Savings fintech Nudge announces a new partnership with payments provider Monoova to help more Australians own their financial goals.
Monoova and Jacaranda Finance partner to further enable financial inclusion
The partnership further supports financial inclusion by enabling Jacaranda Finance to deliver an improved loan experience to thousands of customers.
For ASX-listed payments companies, a partnership approach is key
The Australian Stock Exchange is home to a number of fintech payments companies looking to capitalise on the global shift towards digital payments.
‘No hard and fast rule’: Fintechs and banks size each other up
Westpac’s banking services partnership with Afterpay will force fintechs and the big banks to reassess their relationship with each other.