SMSFs

Feb
14

Dart aims for a United States of Fintech

Australian tech entrepreneurs have launched a new digital home for the global fintech community, providing an agnostic platform that founders hope will one day become the seat for an inclusive and encyclopaedic fintech commonwealth. Founder and CEO, Cameron Dart, told AB+F that the International FinTech platform, combines a web portal and directory to meet growing demand from the global community to have a dedicated, online and natively fintech presence for a sector that transcends borders. “We like to think of it as the beginnings of a LinkedIn for fintech,” Dart said. This week’s launch, built on the back of the original Australian FinTech, already encompasses more than 1,000 global fintech companies […]

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Feb
10

DomaCom signs distribution deal with US crowdfunder

Australian crowdfunder, DomaCom has signed an exclusive distribution deal with a New York-based real estate crowdfunding platform, Prodigy Network. The deal aimed to expand investment opportunities for Australian investors wanting to invest in US real estate assets. DomaCom’s chief executive, Arthur Naoumidis, described the agreement as “the start of several overseas property crowdfunding opportunities for Australian investors”. “Enormous buying power exists in our large industry and retail superannuation funds and our growing A$600 billion self-managed superannuation fund (SMSF) market. There are vast sums of money sitting there, some of which must be looking for an opportunity to invest in global real estate markets,” he said. “Whilst crowdfunding is still a […]

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Feb
09

Australian FinTech launches International FinTech platform

The team behind the highly successful AustralianFinTech.com.au, this week launch their International platform, InternationalFinTech.com, aimed at connecting the FinTech industry on a global scale. Founder and CEO, Cameron Dart, says International FinTech has been born on the back of the highly successful Australian FinTech platform and growing demand from the global community to have a dedicated online presence for their sector. “International FinTech mirrors the Australian FinTech platform, including a dedicated industry newsfeed and a comprehensive directory of FinTech companies globally. “The site also aims to educate users of new financial technologies such as peer to peer lending and cryptocurrency, all presented in simple terms with no financial jargon” says […]

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Jan
05

Self-managed super funds key to OpenCorp’s growth

Young rich lister Allister Lewison plans to double the size of his crowd-funding-based investment advisory and property development business OpenCorp over the next two years, underpinned by self-managed super funds growing their investments in syndicated development projects. In the past financial year, Mr Lewison almost doubled his fortune with $42 million in assets, up from $25m the previous year, which placed him 64th on the 2016 BRW Young Rich List. OpenCorp, which uses a crowd-funding model to help fund developments, now has $500m worth of apartment, residential land subdivision and townhouse projects underway across Melbourne, Brisbane and Perth. “In two years ahead, it will probably double. Demand is growing as […]

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Dec
22

Why we need to change how we talk about Superannuation

Mike Goodall, Corporate and Industry Fund Sales Manager at Ignition Wealth has over 30 years experience working with retail and industry superannuation. Mike has a real passion for helping the industry super funds to connect more meaningfully with their clients. With record levels of disengagement the industry is ripe for disruption and Mike is committed to helping the superfunds revolutionise from inside, through the utilisation of the best emerging technologies. It’s no secret member engagement is the biggest challenge facing the superannuation industry in Australia. Despite collectively having more than $2.1 trillion invested in super, the majority of people don’t view superannuation as an investment or nest egg – at best they […]

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Qualitas start-up Peer Estate connects SMSFs with Asian buyers

Real estate financier Qualitas, backed by Carol and Alan Schwartz, has seeded a start-up that allows small investors to offer home loans to Asian buyers shunned by the major banks. Peer Estate, founded by former Qualitas executive Adam Broder and ANZ banking tech expert Phil Aarons, and seeded with Qualitas funding, is an online marketplace where investors can provide as little as $5000 to fund a first mortgage for an overseas buyer. “Property debt is an asset class everyone understands. However, historically in this country only the ultra-wealthy or institutions have had the ability to secure the outsized returns for relatively low risk from this asset class,” Mr Broder told […]

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Nov
07

New tech solution for advisers

Fintech firm, Your Technology Made Lite (YTML), is integrating its Highlighter platform technology for advisers’ in-house Excel solutions to boost accessibility and integration with online systems. YTML chief executive, Kevin Liao, said that Highlighter had already been used for advice web apps and automated with an adviser’s existing IP. “Highlighter automates the development of a web app,” he said. “As long as advisers have the flow of data entry organised… we can configure and upload it into Highlighter and convert it into a web app for them. “Advisers, accountants and SMSF [self-managed superannuation fund] specialists have so much capability sitting within their practices, and by partnering with technology solutions such […]

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Nov
04

Fintech launches robo-planner for SMSFs

Australian fintech start-up, A.S.A.P, is launching a digital advisory platform for SMSFs in response to the removal of the accountants’ exemption from the financial services licensing regime. A.S.A.P chief executive, Jim Hennington, said that the eponymous platform had been developed to fit the changing needs of SMSF clients and accountants. “We… have found a way to use technology as the elegant solution to disruptive changes in the law,” he said. “It helps SMSF trustees and their accountants, while supporting an important public policy objective.” Hennington said plenty of SMSF accountants had yet to decide whether to refer client questions to licensed advisers in the period from 1 July, or whether […]

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