2018 AFR Young Rich List: Emily Skye backs Millennial bank start-up
Fitness star and Young Rich Lister Emily Skye may have built a small fortune but that doesn’t mean she’s good with money. “I’ve never really known what’s going on with money, I mean I love to spend it but I’m not able to track it and really be responsible for it,” Ms Skye said. Ms Skye rockets up the 2018 Financial Review Young Rich List with an estimated worth of $36 million, reflecting growth in her online fitness business that attracted an undisclosed investment from Quadrant Private Equity this year. As she continues to build the fitness business, including releasing the first app for her FIT program this year, Ms […]
Fintech needs security baked in from the start
Fintech has been labelled a modern day gold rush fuelled by ambitious entrepreneurs and innovative technologies and consumer demand. KPMG and CB Insights’ “The Pulse of Fintech”report found that global investment in fintech currently sits at $13.8 billion with $4.5bn invested in the Asia-Pacific, across 140 deals. But as the relationship between new technologies, such as bitcoin and blockchain, and financial services deepens, so do the threats posed by increasingly sophisticated hackers. No market is more affected by cybercrime than financial services. PricewaterhouseCoopers’ 2016 Global Economic Crime Survey found that 48 per cent of financial sector respondents reported to have been affected by cybercrime, compared with 36 per cent across […]
