Cloud banking platform Mambu launches fully digital solution for SME lenders
Mambu, the market-leading SaaS cloud banking platform, has unveiled a fully digital solution for SME lenders that cuts costs and speeds time to market.
Mambu set to make waves Down Under, appointing award-winning fintech leader Kristofer Rogers as new MD ANZ
Mambu has welcomed award-winning fintech leader Kristofer Rogers to the newly created role of Managing Director for Mambu Australia and New Zealand
Space tickets, gemstones and Gmail: ‘Biggest business you’ve never heard of’ behind $5.6 billion in deals
It’s used to buy and sell everything that’s “complex and expensive”, from boats and planes to space station tickets, gemstones and exotic animals. But despite processing more than $5.6 billion in deals, including the sale of some of the internet’s biggest domain names including Twitter, Gmail and Instagram, it’s the “biggest fintech you’ve never heard of”. Matt Barrie reckons they “should have added a few zeros” to the $10 million sale price of little-known US website Escrow.com when he snapped it up three years ago. Escrow.com, as the name suggests, provides online escrow services for e-commerce platforms by holding payment between buyer and seller until a transaction is completed. Its […]
Top seven fintech business lenders compliant with new code of conduct
The seven largest online small business lenders have opened themselves to scrutiny by an independent oversight committee
Matt Heine and Steve Tucker back fintech start-up
Artificial intelligence-enabled fintech start-up Nod has received a private capital injection from industry luminaries including Netwealth joint MD Matt Heine and Koda Capital chair Steve Tucker. In a statement, Nod announced it has raised $750,000 in capital as part of a funding round to support the its plans for expansion. The start-up, which “generates documents in real-time for finance professionals” using artificial intelligence, said it received the backing of a number of “key investors” including Mr Heine, Mr Tucker, Padua Financial Group executive chair Matt Esler, and venture capital firm H2 Ventures. Mr Heine said compliance-driven document generation had the potential to “save advice firms significant time, effort and expense” […]
Super fund Spaceship accused of high risk and not enough returns
A start-up super fund that is aggressively targeting millennials via social media has investment advisers alarmed that it is more expensive than most super funds and is taking significant risk without promising higher returns. But Spaceship, which has the backing of venture capital and tech luminaries such as Atlassian co-founder Mike Cannon-Brookes, says strict rules mean it can’t gamble customers’ super, while the fees are a small price to pay for the superior returns that will come from investing in technology. The super fund says it expects to kick off with $100 million of funds under management from young Australians when it launches later this month, after “early adopters” moved […]
