foreign exchange


The Global Money Transfer Industry: A Case For Collaboration

Evolving with disruption The money transfer industry globally has entered a period of significant change, spearheaded by the evolution of mobile technology and growing demand for digital tools that help us manage our money faster and smarter. Digital disruptors such as peer-to-peer lending services, mobile apps and blockchain have shifted the market, offering borderless accounts […]

By Reposted by Australian FinTech | FinTech . Payments

International transfer provider OFX launches developer portal with international payments API

ASX listed foreign currency exchange company OFX (formerly OzForex) today announced the launch of a developer portal, designed to provide the global developer community with turn-key access to the company’s new Payments API, with access to a 24/7 support team. OFX continues to lead the Australian Fintech industry by launching an International Payments API on […]

By Australian FinTech | Currency . FinTech . Payments

Bank-in-an-app startup Pelikin has launched a crowfunding equity raise

Pelikin, a banking alternative designed for digital natives, today launched a $400,000 equity raise on crowdfunding platform Birchal. The fintech startup is founded by 28-year-old Sam Brown, who wants to disrupt traditional retail banking with a more efficient way to manage money in Australia and while travelling abroad. Pelikin users will be able to control […]

By Reposted by Australian FinTech | Banking . FinTech . Investing

Putting the service back into ‘Financial Services’

Founded in 1998, well before Fintech had emerged as a moniker for disruptors in the finance industry, OFX (formerly OzForex) has been at the forefront of international money transfer services for nearly 20 years. From humble beginnings in a garage in Dee Why, the company has grown from an information only facility, providing up to […]

By Australian FinTech | Currency . FinTech

Peppermint entering lucrative international remittance market

Peppermint has created a wholly owned subsidiary, Peppermint Payments Pty Ltd (PPPL) to provide international remittances in the Australian market. Reflecting Australia’s history as a “land of immigrants”, this market is already large and growing faster than GDP, but supply has been shrinking due largely to increased compliance requirements. PPPL is registered with Austrac as […]

By Australian FinTech | ASX . FinTech . Payments

Fintech start-up InstaReM names Aussie cricketer Matthew Wade as brand ambassador

InstaReM, which offers international money transfers to individuals and businesses, has signed on Australian wicketkeeper Matthew Wade as the sports face of the brand. InstaReM lists Australia as its founding market, having begun life here in 2014. Since the company’s modest start in Australia, InstaReM has since successfully spread its wings to other corridors by […]

By Reposted by Australian FinTech | Currency . FinTech . Payments

CurrencyVue partners with AFEX in move to revolutionise payments and FX Hedging

Currency solutions platform, CurrencyVue, has today announced the launch of its Integrated FX Risk Management Platform, transforming the way businesses manage complex payments and FX hedging contracts. In partnership with global payments and risk management provider AFEX, the online platform allows businesses to manage international trade, global payments, and foreign exchange contracts via seamless integration […]

By Australian FinTech | Currency . FinTech

How the Rich Invest: Owen Kerr is making huge profits in forex with Pepperstone

Profits at Owen Kerr’s foreign exchange broker Pepperstone have surged in the 2017 financial year, as the company enjoyed a large increase in clients from Asia. Pepperstone’s earnings before interest and tax (EBIT) surged 99 per cent to a record $96.7 million from $166 million revenue. Net profit for the firm reached $71.2 million after […]

By Reposted by Australian FinTech | ASX . Currency . FinTech . Investing
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