partnership

Aug
04

Chinese fintech startups see Stone & Chalk as a springboard for growth

A delegation of a dozen entrepreneurs from three of China’s most promising fintech startups have arrived in Sydney for a three-month residency at Stone & Chalk, where they will help educate Australian startups on launching into China while using mentoring from the hub as a bridge for their own expansion into other Western markets. In a sign of closer fintech trade ties between Australia and China, Stone & Chalk on Wednesday launched its Fintech Asia incubation exchange, which it describes as the first cross-border fintech incubator between Australia and Asia. The Commonwealth and NSW governments have funded the flights and accommodation for the 12 staff of the three startups, who […]

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Aug
04

Chinese fintech startups see Stone & Chalk as a springboard for growth

A delegation of a dozen entrepreneurs from three of China’s most promising fintech startups have arrived in Sydney for a three-month residency at Stone & Chalk, where they will help educate Australian startups on launching into China while using mentoring from the hub as a bridge for their own expansion into other Western markets. In a sign of closer fintech trade ties between Australia and China, Stone & Chalk on Wednesday launched its Fintech Asia incubation exchange, which it describes as the first cross-border fintech incubator between Australia and Asia. The Commonwealth and NSW governments have funded the flights and accommodation for the 12 staff of the three startups, who […]

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Aug
03

Rubik joins forces with Class

Rubik Financial Limited (ASX: RFL), a leading fintech company delivering innovative banking, wealth and mortgage solutions to the financial services industry, has partnered with Class Super Pty Ltd, to provide advice technology for accountants who are limited licence holders. The partnership is a timely one given the change to regulation as part of the FOFA reforms which came into effect on 1 July requiring accountants to obtain the newly created ‘limited’ AFS licence in order to continue giving advice to their clients about SMSFs. According to Rubik CEO, Iain Dunstan, “As part of Rubik’s omni-channel offering, the Provisio module is perfectly suited to accountants because of its ease of use […]

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Aug
03

Major mortgage group partners with US-based fintech player

One of Australia’s largest providers of mortgage broking services has formed a strategic alliance with an international fintech company. AFG today announced that it has partnered with New York-based Biz2Credit. The exclusive agreement will enable AFG brokers to deliver an innovative lending experience for small businesses in Australia. AFG will leverage Biz2Credit’s patented analytics and financial services technology to process small business loan requests more efficiently. “Loan applicants will enter information through a new online small business portal,” AFG said in a statement. “The technology will enable AFG brokers to provide small business borrowers with a broader range of options and deliver faster access to capital.” Using the new online […]

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Aug
02

DomaCom partners with peer-to-peer lender

DomaCom has announced it will partner with a peer-to-peer lending company to extend opportunities for advisers in the property sector. DomaCom chief executive Arthur Naoumidis said DomaCom’s partnership with ThinCats Australia will allow advisers to be on both sides of property transactions by creating leveraged book builds. “This also provides the 350 lenders on the ThinCats platform the opportunity to gain exposure to property assets and the ability to lend funds at an attractive interest rate with a lower risk profile,” Mr Naoumidis said. ThinCats Australia, which has been operating in Australia for the past 18 months, is a peer-to-peer lending platform for secured business loans to small and medium […]

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Stockspot integrates with Class to provide accountants a direct data-feed for SMSFs

Stockspot, Australia’s leading automated investment adviser and fund manager, today announced an integration with Class Super, the leading provider of cloud SMSF administration software.   The integration will provide SMSF accountants and their clients with a direct data connection from Stockspot to Class enabling income processing and enabling investment tax reporting. Accountants will be able to receive a daily data feed which includes their client’s Stockspot portfolio investments, capital gains, dividend statements and franking credits. It will also automatically generate tax summary statements, cutting down on hours of administration and analysis of taxation data.   Kevin Bungard, CEO of Class, said: “Robo-advice is the fastest growing areas of retail investment […]

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Jul
25

ASX Chooses Metamako

Metamako, the leading specialist in deterministic network devices for the world’s financial institutions, announced today that it has secured as a client the Australian Securities Exchange (ASX), one of the world’s leading financial market exchanges. The ASX will be using Metamako’s MetaMux for real-time monitoring of its new trading platform and for timestamping and time synchronisation of its internal network traffic. Dr. Dave Snowdon, founder and CTO of Metamako, said: “This is fantastic news for Metamako. To be at the heart of ASX’s network is a real recognition of the excellence of our devices. We have customers in the US, Asia and Europe, across HFT, automated trading, banking, ISVs, etc. […]

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Online fintechs Prospa and Reckon bypass banks in new partnership

The partnership will allow Reckon customers to apply for small business loans through Prospa. As banks are entering new partnerships with smaller fintech companies seemingly every week, today online SME lender Prospa has announced a partnership with accounting group Reckon. The new product, Reckon Loans, will be facilitated by Prospa and allow Reckon’s customers to apply for loans of between $5,000 and $250,000. Reckon Group COO Dan Rabie said the aim was to leverage data to make the credit process easier. “Fintech disruption has changed the business lending game, with online entrants challenging the traditional providers of bank finance by introducing new cash-flow financing options for SMEs.” “Data from accounting software […]

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