FinTech Startups

Dec
18

Australia’s banking regulator grants Xinja a restricted banking licence

Xinja said today it is ready to revolutionize the way Australians think about banking after receiving a restricted banking licence from the Australian Prudential Regulation Authority (APRA). Xinja said it has now become a bank, a digital ‘neobank’ designed entirely for mobile, which is already challenging Australia’s entrenched major banks by showing people how innovation […]

By Australian FinTech | Banking . FinTech
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Dec
18

Wealth scandals open door for new entrants

A global data provider believes neobanks and robo-advisers stand a good chance of gaining traction in an industry where incumbents are plagued with scandals. Following the news that troubled wealth giant IOOF could face several class action lawsuits, GlobalData believes the damage to public trust in the financial services industry will have significant long-term implications […]

By Reposted by Australian FinTech | Banking . FinTech . Robo-Advice
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Dec
14

Up launches conversational payments

Up, the digital banking platform that went live in October 2018, has today launched conversational payments in app for customers. An Australia first, the experience will bring functionality on par with the United States, Europe and China, where Venmo, SquareCash and WeChat Pay have significantly altered and improved customers’ payment experience. Up’s Chief Imaginer, Anson […]

By Australian FinTech | FinTech . Payments
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Dec
13

Retreat & Destroy: what R&D reforms are doing to start-ups

For a government that is threatening to wipe out a significant number of tech start-ups with its proposed changes to the research and development tax incentive, it shouldn’t come as a surprise the Morrison government appears to have failed to do any research into the potential impact. After all, if the government had conducted its […]

By Reposted by Australian FinTech | FinTech
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Dec
13

SA govt launches blockchain challenge to spur industry

Offers $100,000 prize pool to entrepreneurs. The South Australian government is hoping to forge its position as Australia’s “blockchain capital” through a new $100,000 challenge for entrepreneurs. On Wednesday it launched the blockchain innovation challenge, inviting South Australian residents (or those willing to relocate) to pitch ideas that solve problems using blockchain. The government hopes to […]

By Reposted by Australian FinTech | Blockchain . FinTech
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Dec
11

Practifi: How a successful Fintech company was created from a few glasses of wine

Adrian Johnstone, Chief Commercial Officer and Co-founder of Practifi, recently spoke to the Entrepreneur Podcast Network (EPN), where he went into depth about his company, what inspired its inception, and what the future holds for the financial advice and services industry as Practifi expands into the US market. Practifi is the business management platform for […]

By Reposted by Australian FinTech | FinTech
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Dec
11

Fintech player Douugh scores MasterCard partnership

Australian fintech start-up Douugh has scored a new partnership with MasterCard, joining forces to launch a smart bank account with a debit card from the global payments giant. Douugh, which was founded by SocietyOne’s Andy Taylor, has created a personal financial assistant utilising artificial intelligence. But the start-up does not intend to become a bank, […]

By Reposted by Australian FinTech | Banking . FinTech
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Dec
10

Start-up heads up a crypto currency new wave of business

Among the best and brightest have showcased in Noosa the future of block chain technologies that make crypto currency trading possible and the potential impacts of the technologies over the upcoming decade. The inaugural Crypto Coast Convention #CCCnoosa saw more than 100 delegates brainstorm the Peregian Beach Digital Hub, Peppers Noosa Resort and the Innovation […]

By Reposted by Australian FinTech | Currency . FinTech
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