Tagged: australia

Australian Investment Platform AtlasTrend Launches Voice-Activated Personal Investment Assistant

AtlasTrend, an online financial investment platform helping Australians invest in global trends, announced on Monday it is launching a voice-activated personal investment assistant called Astro. Founded in 2015, AtlasTrend stated it was formed to help all Australians learn about and invest in long-term global trends. According… Read More

Danielle Szetho Resigns from FinTech Australia, Search for New CEO Commences Immediately

Danielle Szetho, the longtime CEO of FinTech Australia, announced her resignation today following two successful years of guiding the young organization to become the leading voice for innovative finance in Australia. FinTech Australia said that Sara Worboys will take over as interim CEO beginning March… Read More

FinTech Australia & NSW Government’s Jobs for NSW Join to launch the 2018 Finnie awards

FinTech Australia and the NSW Government’s Jobs for NSW are joining to launch the 2018 Finnie awards. According to FinTech Australia, a total of 23 awards will be presented including Fintech Organisation of the Year, Outstanding Fintech Leader of the Year, Female Fintech Leader of the… Read More

Record-Breaking Havven’s Crypto-Blockchain Monetary System & Stablecoin Closes in 90 Minutes

Havven’s crypto-monetary system and stablecoin sale closed within a day, with a total cap of USD$30 million. Tokens will be distributed to sale participants between March 7-13. Havven aims to combat one of the biggest problems of cryptocurrencies at the moment: volatility. The Australian blockchain-based solution… Read More

FinTech Australia, Australian Small Business & Family Enterprise Ombudsman, and theBankDoctor Join in Report on Transparency and Disclosure by Fintech Lenders

Three Australian groups have joined together to produce a report that outlines the steps taken by Fintech lenders to boost both transparency and disclosure. FinTech Australia, the Australian Small Business and Family Enterprise Ombudsman, and theBankDoctor published a report today that reviews Fintech lending to… Read More

CoAssets Updates on Financial Results for End of Year, Reports Revenue Growth of 471%

CoAssets Limited (ASX:CA8), a crowdfunding and Fintech lending platform for businesses reported its financial and operating results for the half year ended 31 December 2017. CoAssets operates a licensed, Singapore based crowdfunding platform as well as an online funding platform in China as part of a… Read More

Spotcap Awards First of its Kind Fintech Scholarship in Australia

Spotcap has announced Vishal Uppal as the winner of the Fintech Scholarship 2017. The first of its kind in Australia, a country that is a hotbed of Fintech innovation relative to its size, the scholarship awards a single aspiring graduate with an interest in Fintech… Read More

Australian Digital Bank Xinja Receives Credit License; Prepares for Product Launch

Australian digital bank Xinja announced on Wednesday it received its Australian Credit Licence (ACL) from the Australian Securities and Investments Commission (ASIC). According to Xinja, the license is a significant step forward for the bank, as it will now be able to offer home loans, which it is… Read More

Australia’s RMIT University to Now Offer Eight-Week Course on Blockchain Strategy

On Tuesday, Australia’s RMIT University announced it is set to offer an 8-week course on blockchain strategy, which the university states is expected to be of particular interest to business leaders and the next generation of entrepreneurs. It also includes opportunities to develop strong networks… Read More

Australian Online Lender Prospa Ranks #1 in List of High Growth Firms in Asia Pacific

Prospa, a Sydney based online lender servicing the SME market, has received a nice recognition as it took the top spot for a high growth firm in Asia Pacific. According to a recent ranking of the top 1000 firms in Asia-Pacific by the FT, Prospa… Read More

BrewDog Names Brisbane As Home For Its Upcoming Australian Brewery

Last week, Scottish craft brewer, BrewDog, announced its plans to open its highly anticipated Australian brewery and HQ right on the river in Brisbane’s Murarrie area. The brewery revealed last summer that it had narrowed its search for a site to Newcastle and Brisbane.  According… Read More

DirectMoney Secures New Strategic Investment From Alceon For Growth & Innovation Initiatives

Australian marketplace lending platform DirectMoney announced on Tuesday it secured a strategic investment from alternative investment manager Alceon to fund growth and innovation initiatives. According to DirectMoney, the investment will be structured through an initial placement of $600,000 at $0.042 per share (being 14,285,715 new shares), a… Read More

FinTech Australia Welcomes Government’s Pursuit of Open Banking Policy

“Open banking regime will empower customers, enhance competition and drive Australian innovation” FinTech Australia today welcomed news that the Australian Government will legislate to empower customers by requiring banks to allow these customers to access their own data. The Government has published a report on… Read More

Australia Pursue Open Banking as Consumers Regain Control of their Data

Last July, Australia commissioned a review of Open Banking seeking recommendations as to how to best pursue this policy shift in Australia. Commissioned by Treasurer Scott Morrison, MP and chaired by Scott Farrell, the Australian government has now published a report that makes 50 recommendations…. Read More

Australia’s Entersoft Named Fintech Startup of the Year & Outstanding Application Security Solutions Provider at the 2018 Fintech Awards

Australia-based cybersecurity provider Entersoft announced on Thursday it was named Fintech Startup of the Year and Outstanding Application Security Solutions Provider at the 2018 Fintech Awards. Founded in 2013, Entersoft describes itself as an application security startup with a philosophy of Security By Design and DevSecOps…. Read More

FinTech Australia Tells Aussie Government it is Time to Act on Legislation to Empower Private Company Equity Crowdfunding

Australia enacted new crowdfunding regulation (Crowd-sourced funding) in 2017 but left a gaping shortcoming  in the new rules. For some obtuse reason, only unlisted public companies may crowdfund up to $5 million under current law. The vast majority of SME businesses in Australia are private companies thus… Read More

Australian Startup Checkbox Dubbed Winner of the Next Money Fintech Finals 2018

Checkbox, an Australia-based fintech platform, was named Best in Show following a live pitch competition at this year’s Next Money Fintech Finals. The competition was part of the 2018 StartmeupHK Festival in Hong Kong. According to the competition’s organizers, a total of 22 startups from around… Read More

Changing of the Guard: FinTech Australia Appoints Stuart Stoyan as Chair as Founding Chair Simon Cant Decides to Step Down

Stuart Stoyan, the founder and CEO of Melbourne-based company MoneyPlace – the second fully licensed marketplace lending platform, has become FinTech Australia’s new chair following the departure of founding chair Simon Cant. Stoyan has agreed to be FinTech Australia’s acting chair until June 2018 when… Read More

Game Changer: 7 Approved Platforms to Provide “Crowd-Sourced Funding” in Australia, Equitise Immediately Lists First Equity Crowdfund Offer

The Australian Securities and Investment Commission (ASIC) announced yesterday it had approved the licensing of the first seven “crowd-sourced funding” platforms. Due to a recent change in Australia’s security regulations, these investment crowdfunding platforms may allow businesses to raise up to $5 million – all… Read More

The Australian Securities & Investment Commission Licenses First Crowd-Sourced Funding Platforms

The Australian Securities and Investments Commission (ASIC) has licensed the first crowdfunding platforms or “crowd-sourced funding (CSF) intermediaries” as it is called in Australia. The licensed platforms follow several prolonged years to create workable rules allowing for companies to raise capital online under the new… Read More