Advice

Jan
19

US fintech SoFi targets mortgage lending in Australia

One of the best-funded financial technology companies in the US, SoFi, is preparing to launch in Australia to offer mortgages in direct competition with the banks. In recent days, the San Francisco-based SoFi has used LinkedIn to advertise for a manager of mortgage operations, based in Sydney, along with an operations manager and a marketing […]

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending . Mortgage . Peer-to-Peer
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Jan
13

FinTech: UK Vs Australia

by Matthew Parker, The MitchelLake Group Having recently moved from the UK to Australia, I have been excited to observe and experience first-hand some of the differences between the UK FinTech ecosystem and that of its Antipodean cousin. I do not, by any means, pretend to be an expert, but I have had the privilege […]

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending . Payments . Peer-to-Peer . Robo-Advice
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Jan
12

Hub24 completes fintech acquisition

Platform provider Hub24 has completed the acquisition of Agility, a start-up specialising in application, data exchange and technology services for the finance industry. The acquisition was first announced to the market in November 2016, at which time Hub24 said it had entered a binding agreement to acquire the business for $6 million. “Hub24 has developed […]

By Reposted by Australian FinTech | FinTech
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Jan
12

How automation is shaping fintech plans

Digital innovation and partner collaboration are key. A new industry report calls for investment banks to take advantage of technological innovations by optimising outdated operating models, improving automation and undertaking a digital transformation. Australian consultants EY’s Capital Markets: building the investment bank of the future report reveals that, despite continued efforts to reduce costs, investment […]

By Reposted by Australian FinTech | Banking . Blockchain . FinTech . Robo-Advice
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Jan
09

High-net-worth investors embracing robo-advice

Robo-advice platforms’ capacities are expected to continue growing in the coming year, according to Finovate, expanding their functionality to include broader wealth management functions and cater to high-net-worth customers. The “myriad” financial needs facing Millennials, coupled with increasing longevity risk confronting older investors, has driven change in the robo-advice space, Finovate research analyst David Penn […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Jan
05

Self-managed super funds key to OpenCorp’s growth

Young rich lister Allister Lewison plans to double the size of his crowd-funding-based investment advisory and property development business OpenCorp over the next two years, underpinned by self-managed super funds growing their investments in syndicated development projects. In the past financial year, Mr Lewison almost doubled his fortune with $42 million in assets, up from […]

By Reposted by Australian FinTech | FinTech . Investing
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Jan
02

Robo advice start-up Six Park closes $1.5m capital raise

A Melbourne-based robo-adviser has closed a $1.5 million capital raise from a powerful group of investors that includes a former finance minister and an ex-Deutsche Bank ANZ exec chairman. This is the second round of funding for DIY investment platform Six Park, which has now raised a total of $2.9 million to help it in its […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice . Venture Capital
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Dec
20

REST’s industry-first online super advice product gives members ‘mobile first’ access to personalised financial advice

REST Industry Super became the first Australian super fund to provide its 1.9 million members with ‘mobile first’ access to personalised financial advice with the launch of the REST Advice Online platform.   REST Advice Online is delivered on Midwinter’s next generation Advice Operating System (AdviceOS) and provides REST members with the ability to receive […]

By Australian FinTech | FinTech . Investing
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