Tagged: australia

Asia Fintech Innovation Hub Stone & Chalk Launches New Mega Hub

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

SocietyOne Change Up: Jason Yetton Steps Down As CEO & Managing Director; Mark Jones is Named Interim CEO

Australia-based marketplace lender SocietyOne announced last 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

Joint Chiefs of Global Tax Enforcement (J5) to Fight Against International Tax Crime and Money Laundering Including Cryptocurrency

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

Aussie Fintech Trade Ledger Announces European Launch; Appoints Key Officers to Head New Office

On Tuesday, Australian fintech and open banking platform, Trade Ledger, announced the opening of its new European operation headquartered in London, and the appointment of two key management positions to help drive the expansion. The company reported that the expansion will boost Trade Ledger’s international traction and… Read More

Australian Fintech Airwallex Raises $108 Million Through Series B Funding Round

Airwallex, an Australia-based fintech company, has reportedly secured $108 million through its Series B funding round, which included investments by Tencent, Sequoia China, and Paul Bassat’s Square Peg. This news comes just a little over one year after the company raised 13 million through its Series A funding… Read More

FinTech Australia Announces New Board of Directors

FinTech Australia is in the midst of a transition. Just as the Fintech industry continues to shift and change direction, Australia’s leading Fintech advocacy group adjusts and adds new names to its leadership. According to the group, the new board of directors will take shape… Read More

2018 Finnie Awards: FinTech Australia Recognizes Best in Financial Innovation, Katherine McConnell is Australia’s Outstanding Fintech Leader of the Year

FinTech Australia has shared the 2018 Finnie Award winners. The second annual industry event recognizes the best in financial innovation in the fast growing sector of finance. Receiving the top award of Australia’s outstanding FinTech leader of the year is Katherine McConnell, the founder and CEO of… Read More

Lending Express Opens Shop in Silicon Valley & Adds Moshe Kazimirsky to Team

Lending Express, an AI-powered marketplace for business loans, has opened a new Silicon Valley office in San Mateo, as well as the appointment of Moshe Kazimirsky to VP of Strategic Partnerships and Business Development to support the West Coast team. The announcement comes on the… Read More

Australian Fintech & Invoice Marketplace Timelio Announces $250 Million Milestone

Timelio, an Australia-based online marketplace for invoice and supply chain finance, announced on Tuesday it has surpassed $250 million in invoice funding. Founded in 2014, the fintech firm stated its purpose is to improve the financial well-being of business owners by improving cash flow for… Read More

Huobi Group Continues Accelerated Global Roll Out. Now Accepting European & Australian Crypto Projects

Huobi Group, a fast growing digital asset solutions provider, is now accepting listing submissions from European and Australian blockchain companies on the Huobi Autonomous Digital Asset Exchange (HADAX). On HADAX, teams may self-submit an application online to list their project for community voting. Following an… Read More

ASIC Chair James Shipton Wants Australia to Lead the World in Regtech

In a speech delivered to an Australian Senate Committee meeting last week, James Shipton, Chair of the Australian Securities and Investments Commission (ASIC), told the members Australia can lead the way when it comes to Regtech adoption. Australia has a vibrant Fintech ecosystem that has benefited… Read More

Fintech Australia Now Calls For Comprehensive Credit Reporting Legislation to Progress After Lobbyists & Banks Encouraged Delays

Following further delays of credit reporting legislation, FinTech Australia announced on Friday it is now calling for the legation to continue to progress. The organization reported that despite a proposed July 1st implementation date, the legislation is still in the House of Representatives and there… Read More

BrewDog Expansion: Announces Construction to Start on Australian Brewery in Murarrie

Scottish crowdfunded brewery BrewDog announced this week it officially received the green light from the Brisbane City Council to begin construction on its $30 million brewery in Murarrie, Brisbane. According to the brewery, the development includes the construction of a 50hl, 3,000m2 brewing and canning… Read More

Australian Government Backs Fintech HashChing with $700,000 Loan from Jobs NSW

HashChing, a Sydney-based home loan marketplace, has just announced a $700,000 loan from Jobs NSW. Deputy Premier and Minister for Small Business John Barilaro said the NSW Government had backed the Fintech which is expected to create 46 jobs over the next five years. “Jobs for… Read More

Australian Digital Platform Afterpay Makes U.S. Debut With Urban Outfitters, Anthropologie, & Free People

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday its launch into the U.S. Named as one of Australia’s fastest growing fintech companies by IDC, initial retailers integrating its “buy-now, pay-later” platform includes popular fashion and lifestyle retailer Urban… Read More

AI Powered Online Lending Marketplace Lending Express Receives $2.7 Million Seed Round

Lending Express, an AI-powered platform for business loans, is reporting it has received a $2.7 million seed round led by Entrée Capital, iAngels, and existing investors. The new money will be used to scale operations in both the US and Australia. “We are proud to… Read More

Cryptocurrency Scams: Australian Competition & Consumer Commission Reports Sees Increase at End of 2017

The Australian Competition & Consumer Commission (ACCC) has published their 9th annual report on scam activity in Australia.  As one may expect, investment scams posted the highest amount of loss in 2017 with reports to “Scamwatch” and ACORN exceeding $64.6 million (Dating and romance scams’ were… Read More

Republic Updates on Reg CF Progress, Partners with Jason Calacanis on Launch Festival in Sydney, Australia

Republic, a mission driven investment crowdfunding platform that enables companies to raise money by selling securities including initial coin offerings, has provided an update on their progress. Shared on the 2 year anniversary of when Reg CF became actionable, Republic shares the following stats: To… Read More

FinTech Australia Selects Brad Kitschke as New CEO

Brad Kitschke has been selected as the new CEO of FinTech Australia. Kitschke follows in the footsteps of founding CEO Danielle Szetho who announced her resignation earlier this year. Sarah Worboys acted as interim CEO during the executive search. Kitschke has a history of working with… Read More

FinTech Australia: A Government-Backed Open Banking Framework will be a Game-Changer for Consumers and Businesses

FinTech Australia is lauding the Aussie Government’s policy push regarding Open Banking. The advocacy group says the Australian decision has pushed back against big banks to open true banking reform by next year. “A government-backed Open Banking framework will be a game-changer for consumers and businesses,… Read More