Alex Bank raises over $20 million in Series C funding
The Series C funding round was supported by Alex’s advisors, Clinton Capital Partners and Findex, and values Alex Bank at more than $120 million.
A Better, Faster, Safer, Infallible way to trade… Helping businesses stay afloat!
The one thing that ALL businesses have in common – the inability to trade when the EFTPOS system is offline / no signal, or the power goes out.
Avenue Bank awarded a restricted banking licence
Avenue Bank CEO George Confos says the receipt of its restricted banking licence is a major milestone for the business.
Neobanks lead the way with fast Open Banking APIs: Frollo
Neobanks Up Banking and 86 400 lead the way with fast Open Banking APIs according to Frollo’s first Open Banking API performance monitor.
Financial wellness forcing big banks to go head-to-head with neobanks
A new study has dubbed embracing financial wellness tools the new ‘digital battleground’ between traditional banks and neobanks.
Smartbank 86 400 brings super and investment into focus with Connected Accounts
86 400 is enabling customers to connect and see the balances of their superannuation and investment accounts via its new Connected Accounts feature.
86 400 partners with FAST Group – almost 90% of Aussie brokers now have access to its home loans
86 400 has announced a new partnership with FAST Group to bolster its broker network and help even more Australians secure a smarter home loan, faster.
Bendigo and Adelaide Bank to acquire Ferocia to accelerate digital strategy and Up’s growth
Bendigo and Adelaide Bank has announced it will acquire Melbourne-based fintech, Ferocia, to further accelerate the Bank’s digital strategy and shape the future of banking for a new generation of customers. The acquisition will cement the enormously successful partnership between Ferocia and Bendigo and Adelaide Bank, uniting their collective innovation, heritage and matched capabilities to further grow a unique digital banking proposition. Powered by technology-led customer experience design and run by an internationally experienced team, the acquisition brings outstanding digital and technical expertise to the Bank, internalising Ferocia’s market leading digital capability and consolidating ownership of Up – Australia’s highest rating banking app. Up had previously operated under a collaboration […]
