Australian FinTech company profile #46 – Axe Group
Axe Group designs and builds innovative adaptable insurance software for Life and P&C insurance companies that deliver change today, without limiting what you can do tomorrow.
What is micro-investing and is it worth exploring?
Back in the day, if you were looking to save up your spare change, you’d look to the ol’ faithful piggy bank. But, nowadays, as cash is slowly becoming obsolete, some are turning to micro-investing as the modern-day answer to the piggy bank. And with micro-investing apps, not only can you save up your chump change but you can invest it. How does micro-investing work? Micro-investing is about making small and irregular investments from everyday transactions. Micro-investing apps round-up your purchases to invest your spare change. For example, a large cappuccino at $4.50 will be rounded-up to $5 and the 50 cents would then be invested. Depending on how frequently […]
The app increasing your super while you spend
A new phone app is helping people get big returns on their retirement savings, and Nine News has revealed how you can start earning NOW with as little as five dollars. A new app called Raiz is helping consumers use their spare change to boost retirement savings through an easy-to-manage investment account. And former financial advisor Nathan Martyn said he has already saved hundreds. “I wanted to start paying attention to where my super was and how it was likely to generate over time,” Martyn told Nine News. Say Martyn uses his debit card to buy a coffee for $3.50, the figure is rounded up to the nearest dollar. In […]
Cointree and Gobbill partner to let Aussies pay their bills with cryptocurrency
Major telcos, utility providers and insurers may not have jumped on the cryptocurrency bandwagon, but thanks to two local fintech startups that no longer matters, with cryptocurrency owners now able to pay any bill in crypto. Cryptocurrency exchange Cointree and automated billing platform Gobbill will let Australians pay bills with cryptocurrency, regardless of whether the business itself accepts the digital currency. Gobbill acts as a go-between, taking the funds from its users and paying the bills on their behalf. Gobbill co-founder Shendon Ewans admits that he was late to the cryptocurrency party, only beginning to dabble in it early last year, but said that’s what made a partnership with Cointree […]
What Every Investor Should Know Before Buying Cryptocurrency
by Mary Ann Callahan If you are here, then you have probably grown curious enough to find out more about the next big investment opportunity everyone has been screaming about. Techies call cryptocurrency the money of the future or digital gold, and skeptics refer to it as a bubble that will burst anytime soon or the biggest digital scam ever. Needless to say, beyond the initial noise that surrounded the global rise of cryptocurrencies, there seems to be a growing interest and increasing curiosity about the potentials of these digital coins. New investors are attracted by the fact that cryptocurrency has managed to turn many who have been bold enough […]
Link4 Australia gears up for international expansion
Adelaide FinTech company Link4 recently launched their new office space on Waymouth Street to give the company more space to grow as they expand internationally this year. Renew Adelaide and the Adelaide City Council hosted a launched in the new space to celebrate Link4’s achievements so far and to support the company for their exciting year ahead. In this new space, the Link4 team has already grown to strengthen their support and management teams, offering a well-rounded experience for their clients. “Our team is set to double in four months when we expand our product to the United Kingdom and New Zealand,” said Robin Sands, CEO and Co-Founder of Link4 […]
Australia leads non-core markets in fintech investment deals, but what does the sector need to grow?
Australia has emerged alongside Brazil as a leading fintech market after facilitating the largest fintech investment deals outside of the core markets of Asia, Europe and North America in the past 12 months, a report from CB Insights has found. The Global Fintech Trends report analysed global trends and found that half of the 10 largest fintech deals outside of core markets took place in Australia between the second quarter of 2016 and the second quarter of 2017. The remaining four took place in Brazil, and one took place in South Africa. Online small business lending platform Prospa topped the five Australian deals that made the list with its AirTree Ventures-led $25 […]
BRICKX busts into Balmain with bricks from $140
BRICKX is offering Bricks in a house in Balmain from $140 from this Thursday. CEO Anthony Millet expects BRICKX’s 13th property to be popular with investors looking for exposure to the sought-after residential real estate market in Sydney’s inner-west. “BRICKX strives to make property investment affordable and we’re thrilled to provide access to this architect-designed freestanding cottage in Balmain at an entry price of $140 per Brick,” Mr Millet said. CoreLogic figures show median house prices in Balmain have increased by 13 per cent per year over the five years to the end of April 2017. The three bedroom, one bathroom house on Clayton Street has […]
