Frankie Financial powering Aussie neobank boom with new regtech
Frankie Financial announces it has signed deals with Xinja Bank and Novatti Group, as it works to provide the tools to power Australia’s NeoBank boom.
Financial planning software provider Midwinter acquires fellow fintech InvestmentLink
Financial planning software provider Midwinter has announced today that it has completed its transaction to acquire InvestmentLink.
Australian FinTech company profile #7 – InLoop
Through Flexischools, LanternPay and Nuonic businesses, InLoop provides advanced tri-party transaction and data analytics solutions.
Novatti Group (ASX:NOV) 1H19 results & outlook
86 400 secures national distribution with Vow Financial, readies home loan offering
SME lending is a valuable source of diversification for brokers says fintech lender OnDeck Australia
The Banking Royal Commission has highlighted the perils of relying on a single revenue stream, and SME lender OnDeck Australia is urging mortgage brokers to think beyond home loans and diversify into SME lending. Research by commercial lending fintech OnDeck Australia[1] confirms that 25 percent of Australia’s small to medium enterprises plan to seek additional business finance. Michael Burke, Head of Sales at OnDeck Australia, says, “There is clearly strong demand for SME finance, making this a revenue channel that brokers cannot afford to overlook. Moreover, our discussions with brokers indicate that, on average, one in four of a broker’s existing home loan clients are SME owners, providing a ready […]
Australian and African tech startups forge Blockchain-Powered partnerships
Now fintech companies like Australian startup Power Ledger are combining renewable solar energy and blockchain tech to deliver P2P energy trading solutions. They have already expanded their activities in India, Europe, Southeast Asia, and the US and are looking for more opportunities. They have attended ACTAI & Bitfury’s Annual Blockchain Summit in Morocco last year, discussing how blockchain and bitcoin-based tech can help transform the region and the world. Last year, Tanzanian fintech startup ClickPesa joined forces with Australian fintech and telecom leader Novatti Group to facilitate cross-border transactions for Australian mining companies based in Tanzania. They used an AUD utility token and the blockchain-based Stellar protocol, which provides a […]
Automic Group
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