The female founders and executives from Brighte, Paypa Plane, Athena Home Loans and Adatree are among the biggest winners of the annual FinTech Australia Finnie awards. For the first time in the six-year history of the Finnies, women received all of the top awards. Katherine McConnell, CEO and co-founder of Brighte, and Simone Joyce, CEO… Read more »
It’s a case of fourth time lucky for Fintech Australia’s annual Finnies awards, which are being held tonight, October 13, after covid outbreaks and lockdowns in NSW and Victoria saw them postponed four times. From the original date in June, to July, and then moving it September in the hope that Sydneysiders could join the… Read more »
FinTech Australia has released a new tool for early-stage and global fintechs expanding into Australia that offers clear guidance on the country’s financial services licensing laws. Created in partnership with law firm K&L Gates and Austrade, the regulatory map is a global first and aims to greatly ease overseas companies’ expansions into Australia and assist… Read more »
FinTech Australia has released an industry policy featuring guidance after consulting with the sector, setting out best practice for parental leave entitlements. The policy says employers should offer 12-week paid parental leave at full pay, including superannuation, with partners entitled to two weeks parental leave at full pay. Under the Fair Work Act, employees (including… Read more »
FinTech Australia CEO Rebecca Schot-Guppy is stepping down after three years in the role for a new career in venture capital. Schot-Guppy, who’s overseen a massive rise in the prominence, number and market cap of fintechs – most notably Afterpay and Judo Bank amid the implementation of open banking – will step down at the… Read more »
Fintech Australia has been forced to postpone The Finnies less than a fortnight before the awards were due to be held on June 9 as Victoria goes into a week-long snap lockdown after 34 active Covid-19 cases emerged in the last three days. With surrounding states also imposing restrictions on anyway who’s been in Victoria… Read more »
It’s arguable that 2020 was the hardest year that our emerging fintech sector ever faced. But as we all know, adversity breeds innovation. And nowhere was that more apparent than in the entries for this year’s Finnie Award submissions. We received a record 290 entries across 20 categories. Overall, the calibre of submissions was outstanding.… Read more »
Entries for Fintech Australia’s annual Finnie Awards are closing in less than two weeks on March 30. There are now 20 categories in total, including the Excellence in Open Data award, for how companies are managing and controlling their data, and a Hall of Fame award to commemorate a company that has made a lasting… Read more »
FinTech Australia has added two new awards to the annual Finnies, which are now open for entries. The new Excellence in Open Data award will examine how companies are managing and controlling their data, a issue that’s come to the fore with the launch of the consumer data right and open banking in July last… Read more »
FinTech Australia has launched a talent marketplace for Australian fintechs on LinkedIn, in a project backed by Tier One People. The marketplace, run through LinkedIn Groups, aims to connect candidates with prospective employers and help any talent displaced by the COVID-19 pandemic find new opportunities. Even before the project went live this week, leading Australian… Read more »
British banking multinational Standard Chartered is launching a joint venture company with fintech Assembly Payments to develop next generation payment solutions for the US$29 trillion e-commerce sector. The deal is a major coup for Assembly Payments, which launched in Melbourne in 2014, began providing online payment solutions with escrow services for marketplaces and platforms, before… Read more »
Welcome to Monday team. Here’s what we’ve seen. 1. iFined for slowdown The French version of the ACCC, the DGCCRF, has fined Apple €25 million (AU$41m) for the 2017 iOS update that slowed down older iPhone models. Apple’s sin was not slowing down the phones, which the company claimed was to prolong the life of… Read more »
Judo Bank, the nascent fintech for SMEs, is once more on the hunt for cash, hoping to find another $400 million in a round 3 capital raise, just seven months after it set the Australian record for private funding for a startup round, with the same figure. The digital bank’s round 2 was initially meant… Read more »
TransferWise Vice President of Growth Nilan Peiris had one major not-so-secret to the $3.5 billion company’s growth to reveal at the recent launch of Intersekt in Melbourne. Customer evangelism drives growth. In real terms: over 80% of their customers use TransferWise’s service after hearing about it from a friend. TransferWise now has over 5 million… Read more »
Fintech Australia board members at The Finnies (l-r), Lauren Caplin of Reinventure, Simone Joyce of Paypa Plane, chairman Alan Tsen, GM of Stone & Chalk Melbourne, Carla Harris of Longevity, Melissa Mack of MoneyPlace, GM Rebecca Schot-Guppy, and Tim Dean of Credi.com. Up Bank, Airwallex and Afterpay are among the major winners of the 2019… Read more »
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