Topic
Government must do more to encourage fintech growth, report finds
The report from Committee for Sydney and KPMG found that the number of fintech companies in Australia has grown from fewer than 100 in 2014 to 579 today.
Topic
ASIC signs agreement with UAE regulator to support fintech expansion opportunities
ASIC has signed an agreement with the United Arab Emirates’ ADGM FSRA, which outlines how both nations will collaborate to support fintech startups.
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Australia pinned as top nation for fintech funding outside of core markets, report finds
Australia is the top nation, alongside Brazil, facilitating the largest fintech deals outside the global core markets, according to a CB Insights report.
Topic
Sydney fintech community Stone and Chalk announces expansion to Melbourne
Fintech coworking community Stone and Chalk has announced its expansion into Victoria, with a space for 60 desks to open next month in Melbourne.
Advice
Finch is a bill splitting app looking to help millennials manage their finances
Finch is aiming to take millennials on a journey from splitting bills to giving them financial insights by reading into their expenditure habits.
Topic
Adelaide fintech TicToc launches to offer faster consumers home loan approval
TicToc is able to approve a loan in just 22 minutes through a ‘digital decisioning system’ that can approve a customer’s online application almost in real time, with no need for input or assessment from a human.
Topic
Singapore investment platform Fundnel sets up Australian base in Adelaide
Singapore fintech startup Fundnel has expanded into Australia, setting up a local base in Adelaide to help connect Australian investors to local investment opportunities.
Advice
Fintech apps DiviPay and Splitr look to make splitting payments easier
Unlike Venmo in the US, no app has become the go-to in Australia for consumers splitting payments; DiviPay and Splitr each aim to become that app.
Topic
Australia ranks fifth globally for adoption of fintech services, report finds
Australia is a leading market globally for adoption of new financial services technologies, according to a report from Ernst & Young, with a particular focus on money transfer and payment services.
Topic
NSW Government opens applications for 2017 Tel Aviv fintech and cybersecurity bootcamp cohort
The NSW Government has announced that it’s opened applications for ‘Israel Calling’, a Tel Aviv bootcamp targeting fintech and cybersecurity startups.
Topic
Fintech startup Simply Wall St raises $2.4 million in funding from users
Sydney fintech Simply Wall St has raised $2.4 million in funding from its user base, which has now grown to 100,000 users across five global markets.
Topic
Victorian government announces plan to build Melbourne fintech hub
Looking to further the development of the Victorian fintech sector, the state government has announced its plans to establish a fintech hub in Melbourne.
Topic
Tyro CEO Gerd Schenkel announces resignation after 8 months in the role
Just a few months on from the departure of cofounder Andrew Rothwell, banking startup Tyro has lost another key figure, with recently appointed CEO Gerd Schenkel today announcing his resignation.
Topic
ASIC signs cooperation agreement with Hong Kong regulator to help fintechs explore expansion
The agreement will allow the SFC and ASIC to refer fintechs to each other for advice and support via ASIC’s Innovation Hub and the SFC’s Fintech Contact Point.
Advice
Sydney startup InDebted looks to update traditional debt collection processes
Josh Foreman saw through his work in a previous business the direct impact that bad debt has on SMBs, and came up with InDebted.
