FinTech Disruptors

Mar
29

What impact could Facebook’s digital currency have on the financial industry?

According to a New York Times report we have recently covered, Facebook is on pace to issue its own digital currency in the next few months. Prompted by its rivals, especially Telegram, which managed to raise a whopping $1.7 billion in its ICO campaign, the effort Facebook has put towards creating its own cryptocurrency could have a […]

By Reposted by Australian FinTech | Currency . FinTech
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Mar
29

Archa joins list of new neobanks aiming to transform Aussie banking

Australian banking is changing rapidly and a new wave of digital banks are hitting our shores, with companies like volt, Xinja and 86 400 set to launch this year, but there is another player coming to town soon that may be worth your attention. Archa is a new Melbourne-based neobank that is scheduled to launch […]

By Reposted by Australian FinTech | Banking . FinTech
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Mar
29

The Winners of the 2019 Fintech Business Awards have been announced

The Winners of the 2019 Fintech Business Awards have been announced. Congratulations to all the Australian fintech companies and leaders – well done! Individual categories Femtech Leader of the Year Jodi Stanton – SendGold Fintech Entrepreneur of the Year Ruth Hatherley – Moneycatcha Fintech Mentor of the Year Peta Tilse – Sophisticated Access Fintech Thought […]

By Australian FinTech | FinTech
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Mar
28

Wisr $10 million placement heavily overbid, upscales to $15 million

Wisr Limited (ASX: WZR), Australia’s first neo-lender, announces it has received commitments to raise approximately $15 million after costs via a placement of approximately 220 million shares. The Placement was oversubscribed and completed with the support of new and existing institutional, sophisticated and professional investors.The issue price for the Placement is 6.8c per share, representing […]

By Australian FinTech | FinTech . Investing . Lending
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Mar
28

Nayax Australia chosen as Reis & Irvy’s Australia’s exclusive cashless solution provider

Nayax Australia, a leading fintech company has been selected to provide Froyo Robotics Reis & Irvy’s Australia business with a cashless payment solution for their robotic frozen yogurt franchise business. Like its American franchisees, the partnership will see Reis & Irvy’s robotic machines fitted with Nayax’s VPOS Touch device. Nayax will enable consumers to choose between a wide range […]

By Reposted by Australian FinTech | FinTech . Payments
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Mar
28

Australian banking giant ANZ fails to understand Blockchain Technology

Australia and New Zealand Banking Group Limited (ANZ) — Australia’s third-largest bank by market cap — doubts blockchain technology’s ability to provide trustless transactions, at least for now. Additionally, the firm acknowledges the benefits of the technology but claims banks don’t need to make the switch. Could ANZ be any more wrong? After curiously examining […]

By Reposted by Australian FinTech | Banking . Blockchain . FinTech
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Mar
28

Future of banking is personal and personalised

The future of banking will involve delivering a “goodie bag” of solutions tailored to Millennial customers. Steve Weston, chief executive of “neobank” Volt Bank, said banks traditionally helped customers by dealing with them face to face but provided no additional help on a day-to-day basis. “From the moment you walked outside of the door of […]

By Reposted by Australian FinTech | Banking . FinTech
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Mar
28

Show me the Moula

Moula CEO Aris Allegos, tells the story behind the fintech’s multi-million dollar securitisation In early March, online business lender Moula secured an additional $250m in funding to lend to Australian businesses, which was raised through the latest round of a securitisation program launched in 2015. To enhance the impact of the funds on the business […]

By Reposted by Australian FinTech | Borrowing . FinTech . Investing . Lending
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