‘Be your own hedge fund’: Investment startup Stake raises $3.5m
Stake will continue to challenge traditional banks and brokers on investing costs after closing a $3.5 million funding round to expand its base.
Australian FinTech company profile #39 – Payright
Payright enables merchants to accelerate return-on-effort by offering a buy now, pay later flexible payment option to their customers
Verrency and SDX to deliver savings options for digital wallets
Verrency’s partnership with SDX, a model manager gateway based in Singapore will focus specifically on the ASEAN nations.
What the future of Fintech looks like
What’s next for the future of fintech. Fintech has been a “hot” sector for quite some time now. Last year the global funding in the sector rose to US$111.8B
Moneytech to provide free coding for payments workshop
Moneytech are providing a free coding for payments workshop at Stone & Chalk in Melbourne on Thursday, 9 May 2019. Register now!
Blockchain payment solutions that simplify travel transactions
Fenex – a blockchain-powered payment and services solution for the travel and hospitality industry that provides a network of payment products to simplify B2B travel transactions. Fenex’s range of products will serve travel agents, hotels, airlines and tourism experience providers looking to speed up payment settlements, automate processing, reduce transaction fees and generate additional revenue opportunities. These products include the patent pending blockchain powered digital business to business payment platform (dB2B), BlocRec, and BlocTic, among others. Today, the current structure of the credit card issuance and acceptance costs in the hospitality industry can be as complicated as a 16-step process. Fenex is out to simplify this for its partners, offering […]
Binance will let you buy Bitcoin with cash from 1,300 stores in Australia
Binance says cryptocurrency fans in Australia will soon be able to purchase Bitcoin from over 1,300 supported Newsagents across the country. The new service, “Binance Lite,” marks the first time the Malta-based exchange has managed to open a fiat gateway in Australia. While it will only support buying Bitcoin at launch, press materials say more digital currency and fiat options will be added in the future. “Binance Lite Australia further expands digital currency adoption by providing easier ways to buy [Bitcoin],” said Wei Zhou, Binance CFO. “Australia has been at the forefront of blockchain innovation, and we hope Binance Lite Australia can play a role to help further this cause.” Once users […]
Saxo launches digital access to Chinese bonds
Multi-asset trading and investment fintech specialist, Saxo Bank has announced the addition of Chinese bonds to its offering, a move which will be expected to further cement its position as a gateway to China for its international client base. In 2017, the firm offered an opportunity for qualified institutional clients in Australia to trade mainland China bonds which was enabled via its Hong Kong based bond connect mechanism allowing both overseas and mainland China investors to trade in each other’s bond markets. The launch of mainland China bonds would add to this access to China a-shares listed on the Shanghai and Shenzhen stock exchanges, the firm said. To read more, […]
