foreign exchange


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

IBM develops blockchain system for banks

The company expects to process up to 60% of all cross-border payments in the South Pacific by early 2018. International technology company IBM has joined forces with blockchain startup Stellar and payments company KlickEx Group to enable high-speed cross-border payments for banks and other financial institutions. The aim of the payments process is to speed […]

By Reposted by Australian FinTech | Banking . Blockchain . FinTech . Payments

BuyCoinNow integrated and transacting with iSignthis

iSignthis Ltd, the world leading RegTech for identity verification and payment services, is pleased to announce that it has completed integration of its services with cryptocurrency payment processor BuyCoinNow and that it is now processing live transactions via its Paydentity service and will contribute revenue in the current quarter. The Company has receipted funds against […]

By Australian FinTech | Currency . FinTech . Payments

From UNSW to Silicon Valley: young entrepreneur attracts major funding

One UNSW student’s experience with a startup company illustrates the unpredictable nature of entrepreneurship and the value of programs like UNSW Startup Launch. Last year, UNSW Sydney Computer Science and Engineering student Stefan Qin was accepted into the University’s Startup Launch pre-accelerator program for high-potential founders with innovative startup ideas. His start-up, Dime, went on […]

By Reposted by Australian FinTech | Blockchain . FinTech . Venture Capital
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