Tagged: australia

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

July 3, 2018 @ 12:32 pm By Samantha Hurst  |  

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

July 3, 2018 @ 10:11 am By Samantha Hurst  |  

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

June 15, 2018 @ 7:42 am By JD Alois  |  

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

June 13, 2018 @ 7:00 pm By JD Alois  |  

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

June 12, 2018 @ 11:31 am By Erin Hobey  |  

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

June 12, 2018 @ 6:00 am By Samantha Hurst  |  

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

June 8, 2018 @ 8:11 am By JD Alois  |  

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