Cape awarded MVP Grant to kickstart new wave of Open Banking powered business finance tools
Australian fintech company Cape has been awarded a prestigious Minimum Viable Product (MVP) grant by the NSW Government.
ACCC’s Sims warns big banks’ fintech deals could be blocked
The ACCC’s Rod Sims has warned he could block innovative fintechs from merging with big four banks, after giving approval for NAB’s takeover of 86 400.
Airwallex’s latest US$100 million capital raising puts valuation at US$2.6 billion
Airwallex announced that the company’s valuation has increased to US$2.6 billion with a capital raising of US$100 million in a further Series D extension.
Australian fintech Earnd acquired by the UK’s Wagestream
UK-headquartered Wagestream has acquired Australian fintech startup Earnd.
Senate steps up fintech work
The Australian Senate last week voted to “expand the scope and length” of the Fintech Select Committee to further strengthen the country’s position.
How Australia rose to become the third largest Regtech Hub
Australia has emerged as a major regtech hub with 80 firms in the country, sitting only behind the US and the UK in global standings.
Social enterprise Little Phil plans to supercharge Australia’s charities with new initiative
Social enterprise Little Phil is planning to help kickstart public support for good causes as part of the United Nations International Day of Happiness.
Cape hires former Pepper Money & Westpac exec Tanya Ward as its first finance chief
Sydney-based fintech Cape has appointed former Pepper Money & Westpac executive Tanya Ward as the company’s first Chief Financial Officer.