FinTech Startups

Mar
19

How Lakeba Group uses AI to identify business opportunities – and when it lets humans take over

Rather than picking a single problem and solving it, Australian technology company Lakeba Group is hedging its bets, using AI to unearth a range of business opportunities, commercialising the underlying technology components as well as applying it to industry-specific use cases. So far the Manly-based company has identified seven commercial ventures, including the Shelfie, a […]

By Reposted by Australian FinTech | FinTech
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Mar
19

What’ll Waddle do with $4m injection?

Small business lender fintech start-up Waddle will step up its efforts to crack overseas markets and take a larger share of the big four bank’s local market share after closing a $4 million series A funding round. The funds, sourced from tech venture capital firm Allectus Capital, will be used to grow the fintech’s footprint […]

By Reposted by Australian FinTech | Borrowing . FinTech . Investing . Lending . Venture Capital
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Mar
18

New landing pads for Irish fintechs in Sydney and Melbourne

Stone & Chalk has partnered with Enterprise Ireland to “bridge the Aussie-Irish fintech gap”. Irish fintech companies looking to enter the Australian and Asia Pacific markets will be able to take advantage of landing pads at Stone & Chalk’s hubs in Melbourne and Sydney, according to an announcement made today. The landing pads have been […]

By Elizabeth Barry | FinTech
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Mar
18

Regulatory regime for initial coin offering on the cards

The federal government is considering regulating initial coin offerings, a niche form of private fundraising for the technologically sophisticated developer community, in a move that could give blockchain-based start-ups an alternative to traditional capital raising. With ICOs around the world largely unregulated, they are considered the “wild west” of capital markets where scams and fraud […]

By Reposted by Australian FinTech | Bitcoin . Blockchain . FinTech . Investing
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Mar
13

AI-driven lending platform won’t be the end for brokers

A new Artificial Intelligence-powered lending platform won’t be the end of human loan brokers, the technology’s creators say, because a broker’s ability to understand the intricacies of the application cannot be replicated by a machine. That’s the explanation given by Challis Capital Partners managing director Bill Salouris and Global Capital Commercial sales director Andrew West, […]

By Reposted by Australian FinTech | Borrowing . FinTech . Lending
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Mar
11

Sydney startup Earnd raises $2.5 million for app that allows you to get paid early

Earnd, a Sydney-based fintech startup, has raised $2.5 million for its app, which allows people to withdraw their wages as they earn them. The investment comes from some big names including NAB Ventures, Pocketbook founders Alvin Singh and Bosco Tan, BPAY CEO John Banfield, and others. Earnd said the money will be used to grow […]

By Reposted by Australian FinTech | FinTech . Investing . Payments
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Mar
08

Stone & Chalk supports Indigenous startup initiative

Fintech hub Stone & Chalk has partnered with not-for-profit Barayamal to provide Indigenous entrepreneurs with co-working spaces and access to investors, as part of its Indigenous Accelerator program in Victoria. The initiative, happening for first time in Victoria, will see five Indigenous startups receive a funding total of $50,000 in grants, also receiving support through […]

By Reposted by Australian FinTech | FinTech
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Mar
08

Fintech investment doubled while Australian banks hammered

Investment in financial technology startups more than doubled last year while Australian banks came under intense public scrutiny for their treatment of customers. Globally, fintechs managed to attract US$26.7 billion investments in the 2017-18 year, which was 107 per cent more than the year before, according to Accenture analysis of CB Insights data. The increase […]

By Reposted by Australian FinTech | Banking . FinTech . Investing
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