SME lender acquires invoice finance platform
Skippr’s online invoice finance platform will combined into CML Group’s current Cashflow Finance and Classic Funding Group offerings.
Half of Australian start-ups feel ignored by the government
More than half of Australian start-ups feel ignored by governments and policymakers and a quarter believe Australian regulations have impeded their growth.
Australian insurtech sector poised to scale: new survey finds partnering with insurers to become mainstream within three years
EY and Insurtech Australia’s survey of the Australian insurtech sector found that partnerships between insurers and insurtechs are becoming more common.
CML Group makes strategic acquisition of Skippr to enhance tech capability
ASX-listed CML Group advise it has entered into a binding agreement to purchase 100% of the shares in Skippr Invoice Finance
Online lenders warn SME loan scheme may miss the mark
Australian online lenders have seen little uptake of the federal government’s revamped $40 billion small business guarantee scheme.
Why is Bitcoin’s supply limit set to 21 million?
Bitcoin was designed around the principle of a finite supply, with Bitcoin’s supply having an upper limit at exactly 21 million, as set by its creator.
AOFM approves investment into Prospa warehouse trust
The Australian Office of Financial Management has approved a maximum investment of $90 million into a Prospa Group Limited warehouse trust.
Zip accelerates global expansion with the acquisition of US-BNPL player, QuadPay and raises up to $200m to drive growth
Zip Co announce today that it has entered into an agreement to acquire the remaining shares in the New York based “Buy Now, Pay Later” provider QuadPay.
