Industries leaders express their views on Australia’s open banking regime
Australia’s open banking regime commenced yesterday, 1 July, 2019. Here’s what some of the industry leaders had to say about the launch.
Challenger banks hit back at ‘delusional’ claim from fintech investors
A bold rejection of the business model of emerging digital-only banks was made by seasoned fintech investor Rajeev Gupta, partner at Alium Capital.
Inside the war on the big four banks
Neobank start-ups will refrain from tearing each other down to train their guns on the juicy target of the big four banks.
A look at emerging trend of Neobanks in Australia
A Neobank is a completely digital bank that is created to work on digital and mobile platforms. Neobanks in Australia include Xinja, Archa, 86 400 & Up.
Is 2019 still the year of the neobank?
For all the activity going on in the market, there’s still no fully independent neobank offering banking services to the public.
UK fintech Revolut launches in Australia
Revolut opened a beta version of its local app on Thursday, with nearly 20,000 Australians on its waiting list simply, the firm says, from word of mouth.
Verrency completes $10 million Series A raise
Australian payment innovation company, Verrency, closes a $10 million Series A funding round, bringing total investment in the company to over $20 million
