Perth fintech Peppermint Innovation provides payment services to the unbanked in the Philippines
There is much to debate about the growth of Australia’s startup ecosystem, but it is a truth almost universally (well, in Australia, at least) acknowledged that the local fintech sector is doing well, bolstered by government support and corporate involvement. While most startups look to develop sophisticated products and services to tackle problems across every niche imaginable in the sector for savvy local consumers and companies, Perth fintech Peppermint Innovation thought there were significant opportunities to be found with those entirely new to banking. Founded by brothers Chris and Anthony Kain, who grew up in the small town of Narrogin, the company is providing mobile remittance services to the unbanked […]
Aussie fintechs again make FT’s Top 500 High-Growth Companies in APAC
Australian fintech companies have again featured in the annual FT ranking of 500 of the Asia-Pacific region’s high-growth companies.
Thank You & Merry Christmas!
From the team at Australian FinTech, we’d like to say a massive THANK YOU to everyone who has supported us over the past 12 months.
Bizmoto in partnership with leading Filipino Remittance Co
Peppermint Innovation Limited today announced its online international remittance business, Bizmoto, has signed a partnership agreement with Direct Agent 5, Inc (DA5) – one of the Philippines’ leading non-bank remittance payout providers. Under the agreement, Bizmoto will be able to use DA5’s 1000+ locations in the Philippines as trusted remittance payout providers for its customers and DA5 will be able to use Bizmoto’s online remittance platform to payout money transfers to Australia. DA5 is an authorised direct agent of Western Union Money Transfer and offers international and local remittance services, airline ticketing, bill payment facilities, mobile phone loading services, foreign exchange transactions and mobile payment services. Bizmoto will earn revenue […]
Winners at The Finnies!
Congratulations to those Australian Fintech companies and their fearless leaders who won awards last night at the inaugural Finnies Fintech Awards: Female Fintech Leader of the Year: Emma Weston, AgriDigital Co-Founder & CEO Joint Male Fintech Leaders of the Year: Greg Moshal & Beau Bertoli, Prospa Co-Founders Fintech Organisation of the Year: Afterpay Emerging Fintech Leader of the Year: Emma Weston, AgriDigital Co-Founder & CEO Emerging Fintech Organisation of the Year: Spaceship Best Fintech place to work: Prospa Best workplace diversity: Timelio Marketing Campaign or Brand Initiative of the Year: Equitise – Equitise Bubble Excellence in establishing Market Presence (Australia): BrickX […]
An Australian fintech is letting ‘bankless’ Filipinos pay without handling cash
Australian fintech Peppermint Innovation has signed a partnership deal in the Philippines to provide mobile payment services to locals that don’t have bank accounts but do have a phone. The ASX-listed company announced its new partnership with SUNMar Express Global Services, which will see the Filipino company white-label Peppermint’s technologies, on Thursday. Peppermint chief executive Chris Kain told Business Insider many Australians wouldn’t realise there are “hundreds of millions” of people in neighbouring countries that don’t possess a bank account. “Because the country is spread over thousands of islands, the Philippines has one of the lowest rates of account ownership in the region. More than two thirds of Filipinos are […]
