Show me the money: Sensis survey reveals the most popular finance sources for business

Sensis CEO John Allan

More than one in five (22 per cent) of Australians businesses would use their credit card if they needed additional finance. A further 31 per cent would dip into their savings, while 21 per cent would look at a bank loan and 14 per cent access an overdraft.  This snapshot into borrowing habits has been… Continue reading Show me the money: Sensis survey reveals the most popular finance sources for business

Fintech leaders raise almost $4 billion in Q2 amid pandemic

Data gathered by Buy Shares indicates that fintech leaders managed to raise a total of $3.81 billion in the second quarter of this year. The significant amount comes after the economic downturn in the first quarter. Fintech funding impacted by coronavirus pandemic in Q1 Online payment processing platform Stripe raised $850 million followed by Robinhood… Continue reading Fintech leaders raise almost $4 billion in Q2 amid pandemic

Finding money to rebound from the pandemic

Dr Jana Matthews

Between the bushfires and the pandemic, many Australian companies have experienced a significant drop in revenue and have had to make employees redundant. Although JobKeeper has enabled them to keep some of their people employed, the program is scheduled to end in September. Even if it continues at a reduced level of funding, CEOs who… Continue reading Finding money to rebound from the pandemic

Key factors in achieving a compliant, efficient month-end and EOFY

The end of financial year (EOFY) is a time that many small and medium businesses (SMBs) dread. In addition to the complexities of JobKeeper, knowing every financial obligation and entitlement can become overwhelming, particularly if businesses are not overly confident in their books. Lost receipts, expense mistakes and inadequate record-keeping result in a stressful, potentially… Continue reading Key factors in achieving a compliant, efficient month-end and EOFY

Fintech unicorn Airwallex continues to disrupt, leaders share insight

AirWallex leaders, Rylan Dawes, Neil Luo and Dave Stein

Fintech Unicorn Airwallex seems to continue to go from strength to strength; the startup managed to complete its largest funding round (US$160M) mid-pandemic and has recently introduced WeChat Pay as part of its payment options, opening up the Asian marketplace to Australian business. The Melbourne-founded global leader was also recently recognised – in November last… Continue reading Fintech unicorn Airwallex continues to disrupt, leaders share insight