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.
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.
Neobanks Up Banking and 86 400 lead the way with fast Open Banking APIs according to Frollo’s first Open Banking API performance monitor.
A new study has dubbed embracing financial wellness tools the new ‘digital battleground’ between traditional banks and neobanks.
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 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 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 […]