FinTech Disruptors

MINT PAYMENTS PRESS RELEASE

MINT PAYMENTS SIGNS AGREEMENT WITH AWARD WINNING TRAVEL AGENCY SOFTWARE SOLUTION PROVIDER PROCESSING $4 BILLION IN TRAVEL SPEND Sydney, 1 February 2016: Payments processing technology provider, Mint Payments (ASX: MNW) (Mint or the Company) has partnered with multi award winning travel agency software solution provider Tramada Systems (Tramada), signing a three year licence and distribution […]

By Australian FinTech | FinTech . Payments
DETAIL
Feb
01

DirectMoney eyes $32bn card debt as it targets $100m in loans

Recently-listed marketplace lender DirectMoney is targeting $100 million in loans a year as it goes after the banks’ $32 billion in revolving credit card debt. Chief executive Peter Beaumont said it was surprising that so many people were paying up to 20 per cent interest rates on credit card balances when there are much lower […]

By Australian FinTech | Banking . Borrowing . FinTech
DETAIL
Jan
26

Gruden to list after reverse takeover of Exoma Energy

Digital marketing and app development firm Gruden will list on the ASX as early as this week through a reverse takeover of Exoma Energy, in a deal worth $7 million. Gruden itself is a collection of specialist technology companies with offices in Sydney, China and Malaysia and its self-proclaimed “jewel in the crown” is MobileDen, […]

By Australian FinTech | FinTech
DETAIL
Jan
21

How an Aussie fintech startup is connecting major brands to Chinese customers

Its always great to see Australian FinTech companies leading the way in international markets. Its hard to believe that such a market leader could remain under the radar for so many years. SmartTrans, a payments startup whose board is chaired by Australia’s former ambassador to Beijing has just posted its fourth consecutive $1m-plus month of […]

By Australian FinTech | Payments
DETAIL
Jan
20

CBA eyes collaboration with fintech companies in Asia and Europe

Kelly Bayer Rosmarin, CBA’s (CBA) Group Executive, Institutional Banking and Markets, said the Hong Kong and London labs highlighted the banks’ global approach to innovation that connected customers, employees and start-up communities to the latest fintech developments. “Hong Kong’s highly developed financial sector, strong entrepreneurial culture and proximity to China makes it the optimal location […]

By Australian FinTech | Banking . FinTech
DETAIL
Jan
18

Ken Henry says NAB has strong capital and is ready to embrace fintech future

“If digital innovation leads to more efficient ways of achieving credit intermediation, we are in a strong position to embrace those new efficiencies. Maybe the whole sector becomes more efficient. If it does, our customers will benefit. “The establishment of NAB Labs, an innovation lab in Melbourne, and NAB Ventures, a corporate investment fund to […]

By Australian FinTech | Banking . FinTech . Peer-to-Peer
DETAIL
Jan
15

Innovation – NSW innovation minister says he will deliver three things the startup community is pleading for

He says one of the flagship policies of the state government last year was the establishment of a “world first” government data analytics centre facilitating data sharing between government agencies and allowing for the analysis of the effectiveness of policies. Dominello  says the better use of public data can also assist with one of the […]

By Australian FinTech | Banking . FinTech . Sydney FinTech
DETAIL
Jan
14

New fintech platform to ‘take business from brokers’

A former major bank executive will launch a new fintech business this year to compete directly with the third-party channel on prime mortgages. Mark Bevan, who spent 25 years at CBA and six with Westpac, is the co-founder of Joust, an online platform that allows lenders to compete for home loan deals through a live […]

By Australian FinTech | Banking . Borrowing . Mortgage
DETAIL