ReadyFundGo, a crowdfunding platform that claims to be Australia’s own Kickstarter, announced earlier this month the launch of its new project, Crowdfunding Academy. The Academy offers a series of workshops, webinars, and live events. Those who participate in the Academy will experience the following: Get introduced… Read More
Australian digital bank Xinja has not only launched its second equity crowdfunding round on Equitise, but it also has already secured its initial $500,000 funding target. The launch of the latest funding round comes just one year after Xinja became the first retail equity crowdfunding offer in Australia… Read More
Tyro, an Australia-based challenger business bank, announced on Wednesday its Alipay integration with Sydney Airport tax and duty-free retailer Heinemann Australia, where the payment system is now live. Tyro claims it is the first Australian bank to offer Alipay to its merchants with Heinemann Gold Coast International… Read More
John Bigatton, a licensed Australian finance professional who promote, Bitconnect, an apparent $2.6 billion USD cryptocurrency Ponzi scheme that collapsed last January, has had his assets frozen by an Australian federal judge and has been banned from traveling, The Sydney Morning Herald reports. Bigatton is… Read More
Prospa, an online lender providing financing to SMEs, says that as of January 1st they will be operating in compliance with the Code of Lending Practice. The Code was created by a group of online lenders seeking to establish best practices for the sector of… Read More
Craig Wright, an Australian businessperson and Bitcoin enthusiast who claims to be the elusive inventor of Bitcoin, Satoshi Nakamoto, has lost a bid to have a lawsuit filed against him in Florida courts dismissed. The suit claims that Wright absconded with between 300 000 and… Read More
Temenos (SIX: TEMN) announced on Friday it has completed its acquisition of Avoka. The company previously announced it was acquiring the Australia-based SaaS vendor to further strengthen its Temenos Digital Front Office product, which has more than 300 banking clients and has been recognized as a leader by… Read More
Commonwealth Bank of Australia (CBA) announced on Thursday Alipay is now available on its Albert touchscreen devices. CBA claims it will become the first major bank to provide Alipay to customers in store and with nearly 900 million users choosing to pay for goods and… Read More
Merry Christmas, Xinja. In January of 2018, Xinja became the first retail equity crowdfunding offer in Australia following an update to rules. Xinja, a digital challenger bank, went on to raise $2.4 million in a solid “proof of concept” offering that was part of larger… Read More
Temenos (SIX: TEMN) announced on Thursday it has acquired Australia-based SaaS vender, Avoka, to further strengthen its Temenos Digital Front Office product, which has over 300 banking clients and has been recognized as a leader by top analyst houses such as Forrester and Ovum. Temenos has notably… Read More
Xero (ASX: XRO), a global small business platform, announced last week it surpassed one million subscribers across Australia and New Zealand (ANZ). According to Xero, this milestone marks its platform as being the regional leader in the uptake of cloud accounting technology. Speaking about the… Read More
The Australian Parliament passed a bill this week obliging tech firms like Google, Facebook and Apple to turn over encrypted data sought in police investigations, Reuters reports. “Let’s just make Australians safe over Christmas,” opposition Labor party leader Bill Shorten told reporters when asked about… Read More
Australia’s largest online book retailer Booktopia is seeking growth capital and they are raising the funding via an equity crowdfunding offer on Equitise. This is the first time Booktopia is pursuing outside capital. Launched in 2004, Booktotopia is an e-commerce site that sells at least… Read More
Bit Trade, an Australia-based digital currency exchange platform, announced last week the launch of its new equity crowdfunding campaign on Equitise, seeking $3 million for growth and expansion. Founded in 2013, Bit Trade claims it is Australia’s longest running cryptocurrency exchange and believes that investing in… Read More
Australia based Birchal believes that equity crowdfunding may be the “silver bullet” for SMEs turned away by traditional banks. Pointing to a recent note from the Australian Small Business Finance Advisory Panel that many small businesses find it challenging to access finance, Birchal believes Fintech… Read More
TrustED, an Australian-based company that offers an academic credential verification service on the blockchain, announced on Wednesday the launch of its blockchain-based platform set to revolutionize the process of how academic credentials are verified. The company reported that by leveraging blockchain technology it offers the ability… Read More
Prospa, an online small business lender, has been recognized by Deloitte Technology Fast 50 Australia Awards for 2018. Prospa ranked 20th overall and 5th for leadership. The Deloitte Technology Fast 50 Australia Awards rank Australia’s fastest growing public or private technology companies based on their… Read More
KPMG Australia and Independent Reserve have joined to manage a pressing issue: taxes for cryptocurrency transactions. The two companies have partnered on a new “Crypto Tax Estimator.” Founded in 2013, Independent Reserve is said to be the largest cryptocurrency exchange in Australia. The crypto exchange… Read More
The Texas State Securities Board has issued an emergency cease and desist order to two ostensible cryptocurrency miners. Yesterday, the C&Ds were placed against Quebec, Canada-based EXY Crypto, and AWS Mining PTY Ltd., based in Sydney, Australia. Texas Securities Commissioner Travis J. Iles issued a statement indicating the… Read More
Australia- based fintech startup INAMO is reportedly testing out its contactless wearables in the U.S. Founded in 2016, INAMO reported it is now seeking to transform the way payments are being made by developing wearable payment devices to make contactless payments faster and simple. “Our waterproof… Read More
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