A new partnership between Genesis, the University of Sydney’s startup accelerator, and wealth management firm MLC is offering startup founders a $5000 award for excellence in startup financial modelling. The MLC Financial Clarity Prize will be awarded to the Genesis participant who develops the most clear and compelling three-year financial model aligned to their startup… Read more »
Spriggy, the children’s pocket money fintech that’s been used by more than 1.3 million Australians, is shutting down Spriggy Invest, promising a “bigger and better” alternative in 2026. The fintech, which has raised nearly $60 million, and counts NAB Ventures and Grok, the family fund of Atlassian billionaire Mike Cannon-Brookes, among its investors, emailed users… Read more »
In a pointed speech, ASIC boss Joe Longo told bankers their AI ambitions will fly only if they tangibly help customers—and warned startups selling into finance that the regulator won’t hesitate to act if algorithms cause harm.
Aussie‑founded fintech Airwallex has joined forces with Arsenal in a multi‑year global partnership, becoming the club’s Official Finance Software Partner and Presenting Partner of its Asian pre‑season tour, as the $9.6 billion unicorn ramps up its sport‑marketing offensive.
Fintech‑proptech Mondus has landed a $100 m wholesale facility, fresh equity and the Proptech Awards’ Startup of the Year prize to expand its AI‑driven 0 %‑deposit shared‑equity loans, aiming to put first‑home buyers in growth suburbs sooner.
Last week’s announcement by the RBA that it will remove surcharges on debit and credit cards and undertake a review of interchange fees is not only welcome news for Australian consumers; it is also a great opportunity for Australian fintechs to mark their territory. Understandably, the impending change has local merchants sweating about further soaring… Read more »
Sydney artificial intelligence (AI) and data insights fintech MogoPlus has raised $1.5 million from existing UK investor New Model Venture Capital Group. The funding will be used to expand the scale-up’s existing AI-based credit insights portfolio and help it expand into other emerging open data markets and verticals globally. MogoPlus provides vertical agentic AI solutions… Read more »
Images of flashy sports cars. Lavish lifestyle shots. These are just some of the red flags consumers should watch out for when they turn to social media for financial advice. Consumers should not believe everything they see on Instagram, TikTok or YouTube from the growing numbers of “finfluencers” – content creators who build their audience… Read more »
An eight-year-old investing podcast created by two former ANU students and backed by the likes of Stake’s Matt Leibowitz and Zip’s Larry Diamond has been acquired by BetaShares in a deal worth $8.5 million. Equity Mates was founded by Bryce Leske and Alec Renehan in 2017 and has produced more than a dozen different podcasts… Read more »
Gaby Rosenberg, the cofounder of millennial investment fintech Blossom is among several women honoured in the annual FinTech Australia Finnie Awards for 2025. Rosenberg, was named Emerging FinTech Leader, while Anna Hawter, deputy CEO of small business lender Lumi, is Outstanding FinTech Leader of the Year, in the ninth annual awards. Hawter was the 2024… Read more »
As FinTech Australia gears up to hand out the gongs in the annual Finnies awards this week, the industry association has added top banking exec Marnie Baker to its board as a non-executive director (NED). Baker is the former CEO of Bendigo and Adelaide Bank, sits on the Reserve Bank of Australia’s monetary policy board… Read more »
Fintechs often complain quietly, lest they cop blowback, than one of the things that’s slowing the roll out of the Consumer Data Right (CDR), aka Open Banking, is that the major banks are dragging their feet. Well, the competition watchdog thinks so too, and National Australia Bank (NAB) has copped $751,200 in penalties after the… Read more »
ETF – exchange traded funds – have become a popular investment since OG fintech entrepreneur Graham Tuckwell pioneered the sector in Australia more than 20 years ago. The local market grew by more than 30% last year to around $250 billion, but a decade has passed since a new player appeared on the seen bearing… Read more »
A blockchain financial infrastructure startup has raised $14 million in a Series A, including $11m worth in Bitcoin and the stablecoin USDT. The raise for CloudTech will fund the rollout of an institutional-grade custody solution for digital assets, as well as expansion of a broader crypto-native financial ecosystem. The funding came from several undisclosed investors.… Read more »
It’s Day 1 of the international travelling roadshow that is Money 20/20 and the European iteration, held at the cavernous RAI exhibition centre in Amsterdam, is on a mission to the outer edges of the conference stratosphere in terms of scale and size. Seriously, some of the exhibitor booths are bigger and much more expensively… Read more »
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