investors

Mar
19

Aussie ETF industry breaks another record

Exchange-traded funds (ETFs) have continued on their growth trajectory as the Australian ETF industry broke new records last month, with a monthly funds under management (FUM) increase of $2.3 billion, BetaShares’ February Australian ETF Review has said. This figure eclipsed the previous record set in November 2017, and the industry now stands at $44.8 billion. […]

By Reposted by Australian FinTech | FinTech . Investing
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Mar
19

Use apps to target young investors: GlobalData

Utilizing technology to provide simple, easy-to-use, and accessible apps is paramount to appeal to young investors, according to data and analytics company GlobalData. GlobalData’s ‘2018 Mass Affluent Investors Survey’ found that 53.3 per cent of mass affluent investors between the ages of 18–34 agree they are easily flustered when things are complicated.  The company sees […]

By Reposted by Australian FinTech | FinTech . Investing
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Mar
18

Wisr sees strong support for new debt reduction app

Wisr (ASX: WZR) announced more than 4,000 Australians have downloaded the new Wisr App during its testing phase, which automatically ‘rounds-up’ digital spare change to pay off debt faster. The app is the newest financial wellness product to be offered by neo-lender Wisr and is the first in Australia to ‘round-up’ spare change with a […]

By Australian FinTech | FinTech . Investing
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Mar
18

BGL declares war on Australian Super

BGL Corporate Solutions, Australia’s leading supplier of SMSF administration and ASIC corporate compliance solutions, is extremely disappointed with the comments made by Ian Silk the CEO of Australian Super about SMSFs. “Ian like most CEO’s and Directors of Industry and Retail Funds simply don’t get it” said BGL’s Managing Director Ron Lesh. “People move out […]

By Cameron Dart | FinTech . Investing
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Mar
15

The investment millennials are turning to instead of property

Millennials now make up 29% of all exchange traded fund investors in Australia, compared to 19% five years ago. The number of Australians invested in exchange traded funds (ETFs) continues to rise, with more than 385,000 investors as of October 2018 representing a 20% increase for the year prior. Of these 385,000 Australians invested in […]

By Reposted by Australian FinTech | FinTech . Investing
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Mar
15

UBank launches world’s first consumer Green Term Deposit certified by the Climate Bonds Initiative

UBank is now offering Australians with a sustainable way to invest with today’s launch of the world’s first Green Term Deposit in the customer space certified by the Climate Bonds Initiative (CBI). UBank’s Green Term Deposit is matched to a portfolio of renewable energy projects such as wind and solar power, and low carbon transport […]

By Australian FinTech | Banking . FinTech . Investing
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Mar
12

Aussie online investors grow in Q4, despite volatile markets

Despite a relatively volatile market towards the end of 2018, online traders in Australia were not deterred, leading to an uptick in the population of online investors in the second half of 2018, according to the 2018 2H Online Broking Report by Investment Trends. Specifically, for the six months to December of 2018, the population […]

By Reposted by Australian FinTech | ASX . FinTech . Investing
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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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