Stockmarket

Apr
18

Copying investors via SelfWealth resulted in a 36% return over two years

Australia’s fastest growing online share trading platform, SelfWealth, continues to innovate and provide Australian investors with outperformance. SelfWealth started out in 2012 as a way of providing unique, market-beating trading insights by way of its ‘power of the crowd’ community data. That same community in 2019 is represented by over 60,000 real investment portfolios, which [...]
By Australian FinTech | ASX . FinTech . Investing
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Apr
15

NAB board member to float AI start-up on ASX

An artificial intelligence start-up founded by NAB board member Geraldine McBride has raised $3 million, led by Perennial Value Management, ahead of an anticipated float later this year. The company, which was founded in 2013 by mother-daughter duo Ms McBride and Amy Johnson, utilises customer data within big energy companies, banks and insurers that has [...]
By Reposted by Australian FinTech | ASX . FinTech
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Apr
12

Bravura circles competitor

The wealth management software firm has made a proposal to acquire another ASX-listed fintech that could value the latter at up to $170 million. Bravura Solutions submitted a non-binding indicative proposal to acquire all shares of GBST Holdings for a $2.50 per share in cash minus a special dividend of 0.35 per share subject to [...]
By Reposted by Australian FinTech | ASX . FinTech . Investing
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Apr
02

Deutsche, UBS hired to float Rob Rankin’s ‘$1b-plus fintech’

A trustee and superannuation services outfit has hired two investment banks to prepare the company for an Australian sharemarket float, which its backers hope could value it at more than $1 billion. Street Talk understands Melbourne-based Sargon, which was founded six years ago and has been busily acquiring businesses over the past six months, has […]

By Reposted by Australian FinTech | ASX . Banking . FinTech . Investing
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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

Splitit: why this payments company is dividing the market

The last time fund manager Dean Fergie’s cycling buddies had such a specific interest in the financial markets was during the bitcoin boom. “Two years ago, everyone was going, hey, what about bitcoin. Now it’s about Splitit – it’s the stock everyone is talking about,” says the Melbourne-based Cyan Investment Management director whose fund bought […]

By Reposted by Australian FinTech | ASX . FinTech . Payments
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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
07

Saxo launches digital access to Chinese bonds

Multi-asset trading and investment fintech specialist, Saxo Bank has announced the addition of Chinese bonds to its offering, a move which will be expected to further cement its position as a gateway to China for its international client base. In 2017, the firm offered an opportunity for qualified institutional clients in Australia to trade mainland […]

By Reposted by Australian FinTech | FinTech . Investing
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