FinTech Startups

Jul
20

Avoka leads other Fintechs in Westpac’s 2018 Businesses of Tomorrow

Today two hundred Australian businesses have been named as Westpac’s 2018 Businesses of Tomorrow, recognised for their vision and drive to help shape the nation’s economic future. Building on the success of the inaugural 2017 program, and joining an impressive alumni, the winning businesses exemplify adaptability, resilience, value to customers, and a readiness to meet […]

By Australian FinTech | FinTech
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Jul
20

Hub24 to launch new core offering

Platform provider Hub24 will launch a new core offering for clients with lower average balances, offering a “limited investment menu” to users. In a statement, Hub24 announced it will be launching its core offering within its investor directed portfolio service (IDPS) and super products, saying the launch will “provide an entry point for clients with […]

By Reposted by Australian FinTech | FinTech . Investing
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Jul
19

Afterpay surges 20pc after earnings increase

Shares in Afterpay Touch gained as much as 20 per cent after the company said underlying sales has increased by almost 40 per cent to $736 million over the quarter. The buy now, pay later payments provider said group revenue for the 2018 financial year would be around $142 million while earnings before interest, tax […]

By Reposted by Australian FinTech | ASX . FinTech . Payments
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Jul
19

Small and mighty: Meet the challenger banks nipping at the heels of the big four

A slew of challenger banks are poised to burst onto the Australian finance scene, in a bid to take on the big four, and change the way that Aussies think about banking. Typically offering cloud-based banking services without a bricks-and-mortar branch in sight, these so-called ‘neobanks’ say they will provide a more personal banking service, […]

By Reposted by Australian FinTech | Banking . FinTech
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Jul
19

Joust taps new Australian crowdfunding rules in bid to raise $2 million

Joust, an Adelaide based fintech that brings competitive tension to the home loan market by linking borrowers directly with over 20 lenders who compete against each other in real-time, has launched an equity crowdfunding campaign to raise $2 million. The Joust platform brings disruption to the $1.7 trillion home loan mortgage market where $2 billion […]

By Reposted by Australian FinTech | Borrowing . FinTech . Investing . Lending . Mortgage
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Jul
19

Fintech’s double-edged sword

Ultra-low interest rates and fintech were two of the major threats to the stability of the financial system identified by the global regulator in its recent annual economic report. “Sustainable profitability is especially important at the current juncture: banks have been facing the dual challenge of persistently and unusually low interest rates eating away at […]

By Reposted by Australian FinTech | Banking . FinTech
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Jul
18

Australian cryptocurrency exchange Cointree enters the SMSF space with new partnership

Cointree, one of Australia’s leading cryptocurrency exchanges, has identified a growing interest from customers wanting the ability to purchase cryptocurrency with their superannuation. Due to this increased demand, Cointree is partnering up with New Brighton Capital, who offer accredited SMSF accounting services and focus on helping Australians own crypto in their super. “I am very […]

By Australian FinTech | Bitcoin . FinTech
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Jul
18

From sneakers to sex toys: How rewards startup Incent Loyalty is partnering with 345 retailers to offer cryptocurrency for online shopping

Sydney-based retail rewards startup Incent Loyalty has partnered with 345 online stores, including the likes of Europcar, Sketchers, Sephora and adult store Black Label, to offer shoppers cash back in cryptocurrency, and already has some 5000 users on its platform. Co-founder and chief executive of Incent Loyalty Rob Wilson tells StartupSmart the idea behind the […]

By Reposted by Australian FinTech | Bitcoin . FinTech . Payments
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