Nod closes $2m funding round to support platform growth
The multi-award-winning artificial intelligence platform, known simply as Nod, has confirmed it has successfully closed its over-subscribed pre-Series A round of AUD$2m. Nod was recently awarded a coveted spot on the KPMG H2 Ventures Fintech100 and has developed a patent pending algorithm that utilises artificial intelligence to create real-time Statements of Advice for Financial Advisers and Accountants. Whilst this is the space where they have chosen to first apply their technology, Co-Founder and CEO, Joel Robbie, says the platform has been developed to be industry agnostic: “We are really excited about the impact we are having on document completion times in the Financial Advice industry! The platform is having genuine […]
Cabcharge now integrates with Google Pay for Digital Passes
Ever since we’ve had taxis, we’ve needed to get someone else to pay for our rides. Whether it’s a gift to help and loved one get somewhere or a business expense to ferry someone from point A to point B, figuring out how that payment will work has presented some challenges over the years. Australia’s Cabcharge system has been helping Australian businesses to manage travel and expenses for a long time now, and is committed to keeping pace with technology to help businesses manage these more easily and efficiently. They’ve recently launched Cabcharge Digital Pass alongside a brand refresh, bringing their payment system into Google Pay on your phone to […]
The lucky country for fintechs
A new report points to Australia as a leader in supporting the development of fintech solutions and exploring their potential. In a new research paper, the Alliance for Financial Inclusion has reviewed the varying approaches of some of the world’s developing, emerging and developed nations to cultivating fintech offerings. On regulatory attitudes, the report highlights the proactive approach of ASIC in establishing an innovation hub to run alongside its regulatory sandbox and the Digital Finance Advisory Committee. “First, establishing a sandbox sends a strong message to fintechs that the regulator is open to innovation. Second, it provides an important learning opportunity for regulators, especially when coupled with an ‘innovation hub’, […]
Bitcoin: Ten Years On
A mysterious, anonymous entity known as “Satoshi Nakamoto” posted a white paper on October 31 2008 entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”. It was the first time that the concept of Bitcoin entered the world. But outside of the cypherpunk mailing lists – those promoting the use of privacy-enhancing technology – this event was hardly noticed. Ten years on, who hasn’t at least heard of the cryptocurrency? On just nine pages, the white paper explained how the Bitcoin system would work. Many attempts at electronic cash had already been made going right back to computer scientist David Chaum’s “Digicash” developed in the 1980s. Using an intricate dance of cryptography, […]
How cryptocurrency is disrupting the global economy & the financial system
For the longest time now, cryptocurrency has been slowly rising and increasing its powers in the background. Though not a lot of people have been paying attention to it lately, it’s still going strong with no signs of stopping. Because of the technology behind it, cryptocurrency has the potential to be one of the biggest disruptors in the global business process. As for the financial sector, here are some of the ways cryptocurrency can change it. Fewer barriers to entry One of the best things about cryptocurrency is that just about everyone can get involved. There are little to no barriers to investing or trading cryptocurrency. And as more people […]
Women in senior leadership given the nod of approval
Award-winning Nod confirms its next major hire on their executive team will be a woman. Nod developed a patent pending algorithm that utilises AI to create real-time Statement of Advice for Financial Advisors and Accountants and today confirms they have appointed Kathryn Sforcina, an accomplished serial entrepreneur in her own right, as Head of Growth. Kathryn will bring the number of women on the Senior Leadership team up to 50% making Nod one of the few technology companies in Australia, if not the world, to have such a high representation of women in a senior leadership capacity. Joel Robbie, CEO, says the decision to actively seek true parity within their […]
Melbourne Fintech to disrupt the way young Australians travel
Melbourne Fintech Pelikin is on the cusp of disrupting the Australian travel money market with its mobile-only multi-currency account and prepaid Visa card. The young team is on a mission to make “travel brighter” for young Australians by providing them with valuable travel and money services that have been built with their best interests first. At its core, the Pelikin app and card will allow users to hold up to five different currencies at once and spend in over 200 countries across the world in an easy, affordable way. Last month, Pelikin released its prepaid card and with a unique vertical and neon yellow design, it’s a far cry from […]
