Superannuation and share trading platform Superhero has pocketed $11 million in fresh capital, which increasing its valuation by $22.5 million in just three months. The new cash comes after a $3 million raise in February at a $125.5 million valuation. All up, the business has now taken on around $70 million in external capital and… Read more »
Corporate regulator the Australian Securities and Investment Commission (ASIC) is hoping it’s a case of third time lucky is its legal battle with cryptocurrency platform Block Earner, and will seek special leave from the High Court to appeal last month’s Full Federal Court decision to dismiss their case. ASIC is seeking a High Court’s ruling… Read more »
A fintech startup developed through the Macquarie University Incubator program is hoping to carve out a slice of Australia’s Exchange Traded Fund (ETF) market offering lower fees and access to US markets. ETF Shares is the first new player in the local ETF market in more than a decade, launching this month after just six… Read more »
FinTech Australia has revealed the finalists in its prestigious annual fintech business awards, The Finnies. The awards celebrates achievements in the fintech sector and services that support it. This 2025 awards, which coincide with the 10-year anniversary of FinTech Australia, attracted 348 entries across 21 categories, up 26 on last year, with a record-breaking 47… Read more »
More than 100 fintech leaders have signed a letter to both the Labor government and Coalition opposition ahead of the May 3 election calling on them to live up to promises made in previous campaigns for reform in financial services, saying the sector’s growth is being hampered by “policy inertia”. Issues such as crypto and… Read more »
Fintech WeMoney has exceeded plans announced less than 12 months ago to raise $10 million, banking $12m in its latest Series A round. Ironically for a startup that bills itself as a “financial wellness platform” to help people reduce their debts, the round was led by Perth online casino entrepreneur Laurence Escalante via his family… Read more »
Embedded finance platform Shaype has teamed up with UK fintech ANNA Money to launch Australia’s first AI-powered finance “super app” for startups and small business. The app will act as a single financial co-pilot, consolidating everything from business banking to tax, expenses, company formation and cards. The collaboration also launches ANNA (Absolutely No Nonsense Admin)… Read more »
Just before Christmas, as staff put on Hawaiian shirts and went to Christmas lunches HR hoped didn’t create more work for them, New Zealand ASX-listed accounting platform Xero (ASX: XRO) dropped details on a new pay plan for CEO Sukhinder Singh Cassidy. The December 18 release, titled “Xero CEO pay revised, aligns to performance and… Read more »
The founder of fintech PocketSmith believes ordinary Australians should be prioritised by the federal government through the Consumer Data Right (CDR) to address cost-of-living pressures. The call, by cofounder and CEO Jason Leong, follows a record 859 pre-Budget submissions to the Commonwealth Treasury, up from 789 last year, with more than a quarter highlighting the… Read more »
FinTech Australia is calling for an urgent recalibration of Research and Development tax incentives (RDTI) and the Early Stage Venture Capital Limited Partnership (ESVCLP) Program in its submission to treasurer Jim Chalmers ahead of the federal budget next week The peak body’s 21-page pre-Budget submission makes 11 recommendations to Treasury, arguing that with the right… Read more »
Airwallex put the pedal to the metal for its ‘Shifted Perspectives’ campaign at the launch of the Formula 1 season in Melbourne this week, handing out startup grants and chatting to homegrown McLaren driver Oscar Piastri. The fintech sponsors the UK F1 team McLaren, originally founded in 1965 by Kiwi engineer, innovator, entrepreneur and driver… Read more »
If you’ve ever had a meal at di Stasio’s Citta in Melbourne, or watched the Matildas play Japan last week, you’ve seen the work of Kamilaroi artist Reko Rennie. Rennie’s 8-minute video, OA_RR, driving a Rolls Royce in burnouts in the desert country of his grandmother, plays behind the bar at the Italian restaurant, and… Read more »
Corporate and and financial services the Australian Securities and Investment Commission (ASIC) is seeking feedback on its new regulatory guidance for the buy now pay later (BNPL) sector New laws offering increased protections for consumer users of BNPL kick in from June 2025, treating BNPL as a credit product. That means BNPL providers will need… Read more »
Zeller cofounder Ben Pfisterer knows better than most what it’s like to deal with banks. The fintech’s CEO, who’s spent his career in payments, including six years building Square in Australia for Jack Dorsey, went on to build a banking alternative that became a unicorn (valued at more than $1 billion) in just two years… Read more »
The Commonwealth Bank’s venture-scaling arm, x15ventures, has chosen a US-based data change management platform, Gable, as winner of its annual Xccelerate program. The startup has secured a SAFE Note investment and is actively exploring multiple partnership opportunities with CommBank. The three other finalists -vUS-based Cleric, local AI fintech Dragonfly Thinking and Eidiex – are also… Read more »
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