FinTech Startups

Oct
04

BitTorrent’s creator wants to build a better Bitcoin

In 2001, a 25-year-old unemployed college dropout named Bram Cohen crafted an elegant protocol for moving data around the internet. Titanic numbers of pirated songs and movies, and countless lawsuits, later, he’s putting the finishing touches on what he hopes will be another world-changing protocol—this time for moving around money. Cohen’s earlier invention was BitTorrent, […]

By Reposted by Australian FinTech | Bitcoin . Currency . FinTech
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Oct
03

World’s largest crypto exchange Binance invests $3.5 million in Australian startup TravelbyBit

Cryptocurrency exchange giant Binance today announced it is investing over USD$2.5 million (AUD$3.5 million) in TravelbyBit, the Australian startup responsible for facilitating the world’s first digital currency-friendly airport in Brisbane. The cryptocurrency powerhouse will work with TravelbyBit to introduce a global point-of-sale (POS) payment system, incorporating blockchain technology into major airports around the world. Changpeng Zhao, CEO of […]

By Australian FinTech | Bitcoin . Blockchain . Currency . FinTech . Investing
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Oct
03

Sargon grows executive lineup, launches fintech solutions

With a rebrand, numerous executive appointments and the launch of two new products, Sargon Capital is on an impressive growth trajectory. Adding to what has already been a whirlwind few months for the company; the newly-rebranded Sargon is celebrating its fifth birthday with the announcement of an expanded leadership team. Darran Goodger, Maria Dalton, Daniel […]

By Reposted by Australian FinTech | FinTech
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Oct
03

New SMSF admin offering hits market from fintech firm

A fintech firm has developed a new platform which provides SMSF establishment and ongoing administration services. The financial technology platform, called Selfmade, was developed by former Macquarie investment banker Robin Huender and MoneyMe Financial Group chief executive Clayton Howes. Selfmade is an online platform allowing users to establish and monitor the performance of their SMSF […]

By Reposted by Australian FinTech | FinTech . Investing
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Oct
03

Bank Of Queensland backs solar panel lender Brighte

Brighte, a buy-now-pay-later platform for home energy backed by Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar, has secured a $15 million debt facility with Bank Of Queensland that takes its total facilities to $45 million. Of the 11,000 payment plans worth $90 million approved by Brighte since it started lending in October 2016, 94 per […]

By Reposted by Australian FinTech | Borrowing . FinTech . Investing . Lending
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Oct
03

Social Enterprises making the most of Equity Crowdfunding

Equity crowdfunding has been labelled the way of the future for social enterprise, with one community-owned renewable energy retailer raising over $300,000 to expand across Australia. Enova Community Energy’s equity crowdfunding campaign on Crowd88 has raised $348,649 two days before it’s due to wrap up on 4 October. While it has fallen short of its […]

By Reposted by Australian FinTech | FinTech . Investing
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Oct
02

OpenMarkets announces agreement with Agility Applications to support growth agenda

Digital trading platform OpenMarkets has announced an agreement with Agility Applications to provide a suite of technology solutions and services centred around comprehensive data management infrastructure, APIs and middleware. Agility, which is part of the HUB24 group, provides a broad range of market-leading data integration, technology solutions and delivery services to brokers and wealth management […]

By Australian FinTech | FinTech
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Oct
01

Banking royal commission interim report: Banks to tap each other’s account data

There’s a clear takeaway for the fintech scene from the banking royal commission’s interim report: the major banks will have to get much more sophisticated accessing and analysing spending data generated by customers. In the wake of Commissioner Kenneth Hayne’s blockbuster report, data policy inside the banks is no longer going to be viewed solely […]

By Reposted by Australian FinTech | Banking . FinTech
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