UK-based technology platform BankiFi has announced its entry into the Australian Financial Services market.
Australia’s burgeoning fintech sector will receive additional support to expand overseas and attract productive foreign investment.
Together with regulation and market demand, technology has played a prominent part in the rise and growth of SME lending among such industry leaders as Prospa, Moula, Lumi, Capify and others…
A new report by Airwallex and CPA Australia shows that only one third of Asia Pacific (APAC) businesses have invested in fintech despite increasing digital adoption in the face of COVID-19.
American Express has partnered with Sniip, an Australian mobile bill payments platform, allowing Sniip members to pay bills with AMEX. “Until now, customers have often not been given the option to pay their household bills using an American Express card, as many businesses have not made it available for their customers,” said Damien Vasta, CEO… Continue reading American Express partners with Brisbane-based fintech Sniip
Australian fintech Verteva today announced it has rebranded to Nano and written its very first home loan via mobile, as it prepares to disrupt the mortgage industry. The company, run by two former Westpac execs, has also begun official beta testing and welcomed family and friends to experience its home loan product and platform ahead… Continue reading Fintech flips mortgage industry on its head with digital home loan platform
The pandemic has prompted an explosion of digital and global business services. Airwallex, an online business account for SMEs, has seen this surge in digital business first-hand. “A major shift in the way businesses operate from offline to online is something Airwallex predicted from our inception,” said Jack Zhang, CEO and Co-founder of Airwallex.… Continue reading ‘Digital businesses are the future’: Airwallex’s journey from café to one of Australia’s fastest growing fintech firms
Start Path – Mastercard’s global start up program – has bolstered 230 fintechs around the world and helped them raise $2 billion in capital. The program boasts an Australian alumni of Airwallex, Money Tree and identitii, and has recently partnered with its first Australian fintech mx51. We chatted with Kallan Hogan, Head of Fintech Australasia… Continue reading Invented by entrepreneurs, for entrepreneurs: Mastercard’s unique global start up program
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
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