The 2023 Australian FinTech news headlines
January
- Queensland Government invests in Cake Equity to grow jobs in local start-ups
- Grapple secures $35 million to facilitate lending growth as Invoice Financing surges
- At the inaugural AFIA awards, Lumi Finance won the 2022 Empowering Innovation Affie Award
- MONEYME delivers net profit and record revenue
- Novatti achieves record $1 billion in transactions in a busy December quarter
- Fintech Hnry banks $35 million in Series B round to fuel Australian expansion and entry into new markets
February
- Nine25 App becomes Australia’s first money app for workers
- LENSELL launches Diversiview 2.0
- Skript launches no code access to Open Banking data
- Shift closes $AUD27m Series C equity raise fuelled by record growth
- Moneytech launches 1 million Velocity Points Giveaway in partnership with Virgin Australia Business Flyer and Velocity Frequent Flyer
March
- Till Payments secures $70 Million in Series D funding
- Alex Bank taps market for $20M to accelerate growth with new ADI status firmly in place
April
- Mastercard joins $10m series A funding round in Brisbane fintech Paypa Plane
- Australian ETP Markets to Strike $200 billion as product number hits 350: Global X
May
- ASX-listed neo-lender Wisr delivers $24.1m revenue and $3.9m operating cash flow
- Fresh Equities rebrands to InvestorHub as it secures a $4 million raise in just two months off the back of rapid growth
June
- Alex Bank recognised as Term Deposit Account of the Year at the 2023 WeMoney Banking Awards
- Fintech lender Beforepay named 2023 Ethical Lender of the Year in Global Pan Finance Awards
July
- Beforepay achieves milestones of $1 billion in pay advances and 1 million users
- StartUp ScaleUp launches to promote innovative Australian companies
August
- MONEYME achieves record FY23 gross revenue of >$230m, exceeding guidance
- Novatti reports strong annual growth
September
- Ethical-lending fintech Beforepay recognised in Wealth & Finance International FinTech Awards
- Link4 celebrates 7 years of empowering businesses with eInvoicing
October
- Payments pioneer Visa to invest $100 million in fintech startups focused on generative AI
- Identitii announce $1.0m in annualised cost savings
November
- Fintech Beforepay posts first quarterly profit of $1.64m
- Send Payments and PEXA partner on new digital solution for foreign exchange transactions
- The 9th Annual Australian FinTech Awards and the 11th Annual FinTech Summit dates announced for 2024
December
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