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Hay will first offer a digital transaction account through the Hay smartphone app packed with features like enriched payment information, monthly insights and travel budgeting features with fee-free foreign exchange rates via the Hay Visa card.
According to a recent report by KPMG, the biggest Australian fintech transaction and the third biggest deal in Asia recorded in the first half of 2019 was US$100 million, achieved by Australia’s fastest-grown fintech unicorn, Airwallex.
Australia's first neobank, Volt Bank Limited (Volt) has closed a $70m Series C equity funding round, which was oversubscribed by $10m beyond the original target of $60m.
From fintech’s, to e-commerce, to blockchain, to other nascent tech firms, we are becoming a well-connected ecosystem of entrepreneurs that are helping the country become an innovations and inventions hub.
And our love affair with apps and all things mobile show no signs of abating. With a few taps we could own the latest high-end fashion accessory or purchase a car. We walk around with virtual banks in our palms, making seamlessly transactions across borders.
Millennial-focused fintech Groupee is pioneering the social payments landscape, introducing a world-first, real-time payment app that allows groups of people to instantly share the cost of any purchase, anytime and anywhere that accepts Visa tap-and-go payments.
Australian fintechs represented in Fintech 100: 7 companies named among the world’s leading fintechs
Australian fintech companies made a strong showing in the 2019 Fintech 100, announced recently by Fintech Innovators, a collaboration between fintech investment firm H2 Ventures and KPMG Fintech.
On a mission to democratise banking and build the autonomous future of money management, Douugh is a consumer technology company that offers an AI powered financial wellness banking platform, delivered through a SaaS subscription model.
AI-powered, challenger neobank Douugh, is pleased to announce a strategic investment from one of Japan’s leading financial services companies, Monex Group, Inc....
Asia’s largest fintech innovation hub, Stone & Chalk, is partnering with the South Australian Government to establish a start-up hub at...
Global investment in financial technology (fintech) ventures more than doubled in 2018, to US$55.3 billion, led by a surge in funding in China and strong gains in several other markets as investors placed larger bets in more mature startups, according to Accenture
Alternative lender and new Australian financial technology company, Lumi, has completed a $31.5 million series A capital raise as it launches to take on the...
Startupbootcamp expands to Melbourne launching new fintech accelerator in collaboration with NAB, Vic Gov,...
Global accelerator program Startupbootcamp has announced it is expanding its extensive global FinTech presence to Melbourne, and will launch its FinTech Accelerator program in Victoria, backed by global leaders in the banking and insurance sectors.
Disruptive consumer fintech Douugh, announced the launch of it’s capital raise on leading market platform Equitise, looking to raise up to $5 million in funding.
12.5% fewer startups were active in 2018 than in 2017, in a result compiled in collaboration with world-leading data analysis organisation Data61.
The Finnies celebrate the remarkable achievements of Australia’s best FinTech businesses who are recognised for excellence in sectors such as lending, wealth management, payments, crowdfunding, blockchain, artificial intelligence and regtech.
Silent Eight bagged the main prize, edging out 10 finalists with roots from the US, UK, Europe and Asia-Pacific. The pitch fest was held in conjunction with the RegTech Association’s maiden #ACCELERATE RegTech 2018 event in Sydney recently.
Led by Graham Tuckwell, Founder of ETF Securities, and Alium Capital an Australian growth focused fund, the latest capital raise will help strengthen Stockspot’s position as the country’s leading digital investment service.
The latest Startup Muster survey shows the opportunities, progress and challenges in Australia’s startup...
We trust this report will improve the understanding of not just our current ecosystem, but also those that will help build our future ecosystem.
In fact, Australia’s fintech space is booming. It has been predicted that our fintech sector will reach $4.2 billion by 2020 (up from just under $250 million in 2015).