Bain Capital to buy Iress’ UK Mortgages business for a total gross cash consideration of $164.3 million
ASX-listed Iress to divest its UK Mortgage business to Bain Capital Tech Opportunities for a total cash consideration of $164.3 million.
The 2023 Australian FinTech news headlines
Here are all the major Australian FinTech news headlines for 2023.
Loyalty Now caps six months of innovation under new leadership with raft of customer wins and strategic hires and eyes APAC expansion
Loyalty Now, has cemented its role as a market leader in the business to business card linked offers driven loyalty and rewards category.
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.
The 2019 ifa Excellence Awards finalists have been announced
Congratulations to the Australian fintech companies nominated as finalists in the 2019 ifa Excellence Awards under the Innovator of the Year category.
AMP’s stumble has smaller players smelling blood
Amid the storm unleashed by the commission, these tailwinds have become something more like a gale. The market has arguably moved a long way ahead of the eventual facts on the ground, perhaps too far. The royal commission is still in fact-finding mode. Reports won’t be finalised until early 2019. Even then, what will and won’t be taken up in law is another issue entirely. It could well be two years before the dust settles. Yet the theme looks well entrenched in the share prices. Hub24, Netwealth and Praemium all trade at 12-month forward price-to-earnings multiples of around 66, on Bloomberg numbers. That looks difficult to swallow. The Bell Potter […]
OpenMarkets adopts Bloomberg EMSX for Global Equity Liquidity and Execution Services
OpenMarkets has taken a crucial step to open up its platform to overseas investors after integrating with Bloomberg’s global multi-asset trading platform.