September 18, 2018 @ 8:06 am By Samantha Hurst  |  

Australia-based marketplace lender SocietyOne announced on Tuesday it has reached $500 million in loan originations across its personal loan, agri lending, and marketplace business, and is now setting its sights on reaching $1 billion by the end of 2019. The news comes less than a month after… Read More

September 11, 2018 @ 10:12 pm By Cali Haan  |  

The Government of New South Wales has decided to trial a blockchain-based version of its driver’s license program starting in November, ZDNet reports. During the trial, participants will be able to display a digital version of their drivers’ licenses on their phones at clubs, pubs… Read More

September 11, 2018 @ 9:53 pm By JD Alois  |  

Prospa says it has been named 6th on the 2018 LinkedIn Top Startups List. The list marks the 25 best startups to work for in Australia. Prospa adds that it is the top Fintech on the list as well. Prospa is an online lender catering… Read More

September 7, 2018 @ 8:49 am By JD Alois  |  

Prospa, a leading online lender to SMEs in Australia, has shared that it has satisfied the a review by the Australian Securities and Investments Commission (ASIC) in relation to Prospa’s small-business contract terms. This past June, Prospa received a letter from ASIC requesting information as… Read More

September 6, 2018 @ 10:55 am By Cali Haan  |  

An Australian company selling a crypto-exchange “loyalty token” ICO (initial coin offering) has stated to Australian securities regulators that it is confident its offering is not a security under Australian law. Byte Power Group (BPG), “a diversified technology solutions group with a particular emphasis on securing Asian… Read More

September 5, 2018 @ 11:30 pm By Cali Haan  |  

Australian developer Tower Holdings is hoping to fund an ambitious development on Great Keppel Island via a $300-million dollar security-token offering, blockchain and crypto media-and-promotional-outlet Micky.com reports. The project, which Micky claims, “has met all legal requirements…(and) has been approved by all levels of government,” is being promoted… Read More

August 27, 2018 @ 8:35 am By JD Alois  |  

CoAssets Limited, a crowdfunding platform traded on the Australian Stock Exchange (ASX: CA8), has reported its financial results for the full year ended 30 June 2018. According to the company which is based in Singapore, CoAssets experienced its first full year of profitable operations representing… Read More

August 20, 2018 @ 11:28 am By Samantha Hurst  |  

Australia-based marketplace lender SocietyOne announced it celebrated its sixth anniversary of operations as total lending since inception approaches $500 million. Founded in 2012, SocietyOne reported its key mission to provide a better deal for borrowers and lenders. The lending platform claims it has been at the forefront… Read More

August 10, 2018 @ 8:39 am By JD Alois  |  

The World Bank is issuing a bond on blockchain. The first of its kind issuance is being orchestrated via the Commonwealth Bank of Australia (CBA) as sole arranger.  According to the World Bank, the security will be created and managed completely using distributed ledger technology… Read More

August 10, 2018 @ 7:43 am By Cali Haan  |  

Australian solar energy provider Hadouken Pty has agreed to power what may become “Australia’s first behind the grid” solar-energy data and crypto-mining centre, IT Brief reports. The new centre will be located in the town of Collie, located in the Southwestern most tip of Australia, and will be… Read More

August 5, 2018 @ 9:04 pm By JD Alois  |  

Prospa, a leading online lender to small businesses in Australia, has been named a Best Employer in the AON Hewitt Best Employers program for the second year running. Prospa has scaled from startup to medium-sized high-growth business, while maintaining a culture that “nurtures talent, fosters… Read More

August 2, 2018 @ 6:10 pm By Samantha Hurst  |  

Australian bitcoin exchange platform CoinJar announced on Thursday the launch of its new CoinJar Digital Currency Fund. The platform claims that the fund is Australia’s first index-style cryptocurrency fund for wholesale investors. According to CoinJar, The Fund takes on the management and security of the assets… Read More

August 1, 2018 @ 10:40 am By JD Alois  |  

UK based Crowd2Fund, a peer-to-peer crowdfunding platforms, has added artificial technology (AI) to its platform to help mitigate loan default risk, according to a note from the company. Earlier this year, Crowd2Fund began working with InDebted, an Australia-based Fintech company to provide advanced collection strategies… Read More

July 30, 2018 @ 7:56 am By JD Alois  |  

FinTech Australian has launched their 3rd annual Fintech report that seeks to track the growth and evolution of Fintech in Australia. As in years past, FinTech Australia has partnered with EY on the research document The 2018 EY FinTech Australia Census expects to highlight how… Read More

July 29, 2018 @ 10:58 am By JD Alois  |  

FinTech Australia CEO Brad Kitsche expects this year’s annual event to be huge in comparison to last few years. The touchstone conference Intersekt will be adding an extra day and will seek to bring in the participation of all Australian Fintech firms. As part of… Read More

July 26, 2018 @ 10:03 pm By JD Alois  |  

Prospa, a leading online lender for Australian SMEs, has received a nice recognition being named National Fintech Lender of the Year in the 2018 MFAA Excellence Awards. The Mortgage & Finance Association of Australia  or “MFAA” is the national body representing finance brokers, mortgage managers, lenders, aggregator/broking groups… Read More

July 18, 2018 @ 7:04 am By JD Alois  |  

Online lender OnDeck (NYSE:ONDK), has closed on two asset backed credit facilities totaling nearly $100 million. One in the amount of AUD 75 million with Credit Suisse, and another for CAD 50 million with Crédit Agricole, The two facilities will finance loan originations in Australia… Read More

July 14, 2018 @ 2:41 pm By Samantha Hurst  |  

Asian fintech innovation hub, Stone & Chalk, announced this week it is uniting fintech across the eastern seaboard with the launch of a new national capability, known as a mega hub, across its new home at the Goods Shed North in the heart of Melbourne’s… Read More

July 9, 2018 @ 1:42 pm By Samantha Hurst  |  

Australia-based marketplace lender SocietyOne recently announced that Jason Yetton has stepped down as CEO/Managing Director and will be leaving the company in July to pursue other opportunities. The lending platform reported that Board has appointed Mark Jones, Chief Financial Officer and Commercial Director, as the Interim CEO… Read More

July 9, 2018 @ 8:27 am By JD Alois  |  

The Joint Chiefs of Global Tax Enforcement, or the “J5”, is a group of nations dedicated to fighting against tax crime and money laundering. Participants in the J5 include the Australian Criminal Intelligence Commission (ACIC) and Australian Taxation Office (ATO), the Canada Revenue Agency (CRA),… Read More