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Apr
16
Novatti Group (ASX:NOV) 1H19 results & outlook
Novatti Group Limited (ASX:NOV) CEO, Peter Cook talks about the company's 1H19 results, growth in transactions processing and range of processing solutions, and provides an update on Novatti becoming an ADI (authorised deposit-taking institution). Anna Napoli: Welcome to the Finance News Network, I’m Anna Napoli and joining me now from Novatti Group Limited (ASX:NOV) is [...]
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Apr
16
Australian Fintech Nauticus targets $25 million in equity raise
Melbourne fintech Nauticus Blockchain has targeted a $25 million equity raise to fulfill its vision for low cost, borderless financial transactions. The company launched in 2018 and has amassed a 50,000 strong community across Facebook, Telegram and Twitter, who help guide the development of its products. Trading on its digital currency exchange went live in [...]
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Apr
16
WP Hosting Customer Spotlight: Amber
WP Hosting spoke to Ryan Neale of Amber, a startup helping people prepare for a world where assets and currencies have become digital. Amber is an app that lets you swap your spare change for Bitcoin and other digital assets. It doesn’t have to be a big investment either as you can commit as little [...]
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Apr
16
Key benefits of robo-advisors in Fintech
When you are investing and strive for a higher ROI, whom do you address? As a rule, you reach out to a team of wealth advisors. That means meeting regularly with those financial consultants to discuss your ventures and make adjustments to your investment portfolio. This process is time and money consuming and can be [...]
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Apr
16
What does NPP mean for businesses and how on earth do they implement it?
Since going live on the 13th of February last year, retail banking customers have adopted NPP on mass. In fact, a number of major banks now use the NPP as a default method of transferring funds between Australian accounts. However, so far, progress has been slower for businesses despite some obvious benefits of real-time, data-rich, [...]
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Apr
15
Coming of age: Australian crowdfunding platforms raised $8.7m in the March quarter
Investing results for the March quarter suggest that when it comes to investing, Australians don’t appear to be too afraid of crowds.Among the major crowd-sourced funding (CSF) platform, Birchal led the way raising a total of $4,780,700 across four companies, from a total of 3,294 investors (another two closed successfully in April). It was a [...]
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Apr
15
NAB board member to float AI start-up on ASX
An artificial intelligence start-up founded by NAB board member Geraldine McBride has raised $3 million, led by Perennial Value Management, ahead of an anticipated float later this year. The company, which was founded in 2013 by mother-daughter duo Ms McBride and Amy Johnson, utilises customer data within big energy companies, banks and insurers that has [...]
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Apr
15
86 400 secures national distribution with Vow Financial, readies home loan offering
86 400, a genuine alternative to Australia’s Big Four banks, has secured national distribution with Vow Financial, one of the largest aggregators in Australia – part of the Yellow Brick Road Group. The partnership will enable 86 400 to deliver home loans via Vow Financial’s network of over 1,200 brokers. This development brings 86 400 [...]
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