Tagged: stuart stoyan

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

FinTech Australia Chair Stuart Stoyan Welcomes Government Budget, Says Big News Coming on Open Banking

FinTech Australia says their industry will benefit from the 2018-2019 Australian Budget but big news on Open Banking will wait for a future date. Stuart Stoyan, Chair of FinTech Australia, says he welcomes a number of funding measures outlined in the budget. These include: $44.6… Read More

Australia Can’t Wait to use the Fintech Bridge Established with the United Kingdom

Today, the UK Chancellor of the Exchequer Philip Hammond announced an updated agreement signed with Australian Treasurer Scott Morrison to firmly establish a Fintech bridge between the two countries. This virtual bridge will see both public officials and private partiers working together to foster Fintech… Read More

FinTech Australia Points to Report that Highlights Growth in Fintech Lenders as Traditional Finance Declines

  FinTech Australia, is highlighting a report this week that points to the decline in traditional fince options (IE Banks) and the ongoing rise in SMEs using Fintech platforms to address their capital needs. The report is courtesy of the Scottish Pacific SME Growth Index, released… 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

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

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

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

FinTech Australia & FinTech Indonesia Sign MOU in Collaboration Push

FinTech Indonesia and FinTech Australia have signed a memorandum of understanding (MOU) in a move designed to propel the mutual development of Fintech in both jurisdictions. FinTech Australia is the leading voice of the emerging Fintech industry in Australia. The group is actively engaged with… Read More

EY Report: Australia’s Fintech Industry is Growing Rapidly Jumping 200% Since 2016

Australia’s Fintech industry growing rapidly. This is according to a report by EY and FinTech Australia. The 2017 EY FinTech Australia Census indicates that Aussie FIntech companies experienced a 200% annual median revenue jump in contrast to year prior. The Census, released today at the… Read More

FinTech Australia Welcomes Aussie Government Stance on Positive Credit Reporting

FinTech Australia has welcomed the announcement about “comprehensive credit reporting” by Treasurer Scott Morrison at the opening day of the Collab/Collide Summit in Melbourne. The Australian Government will mandate a comprehensive credit reporting regime that should help Australian borrowers get a better deal from lenders,… Read More

CCAF Asia-Pacific Report Shows Dramatic Rise for Alternative Finance in Australia

China is the biggest kid on the block when it comes to the emerging alternative finance market in the Asia Pacific region. In fact, China has the largest alternative finance market in the world driven by a fast growing economy, a highly connected population via… Read More

FinTech Australia & EY Launch Census on Fintech Growth

FinTech Australia has announced that the EY FinTech Australia Census 2017 is underway to help create a more vibrant Fintech industry down under. The two groups are asking that all industry participants complete the questionnaire before September 3rd. So you better hurry. This years survey… Read More

FinTech Australia Announces New Board of Directors

  FinTech Australia has announced the election of its new Board of Directors. The new Board is said to align with constitutional changes regarding gender diversity and representation from a broad number of states. On June 1, 2017, the Fintech industry association’s members voted in… Read More

Auswide Bank Increases Equity Stake in Peer-to-Peer Lender MoneyPlace

Australia’s Auswide Bank Ltd. (ASX:ABA) announced on Thursday it is increasing its equity stake in peer-to-peer lender MoneyPlace Holdings Pty Ltd. According to Auswide Bank, it will have a controlling interest of at least 51% in MoneyPlace with the potential to increase that interest up… Read More

Brief: Australian Bank Auswide Offers Up $60M to P2P lender MoneyPlace & Takes 20% Stake

On Thursday, Queensland-based Auswide Bank announced it has offered $60 million in funding to peer-to-peer lender, MoneyPlace. MoneyPlace, which was launched in October, provides loans of $5000 to $35,000 through its P2P platform. The new partnership between Auswide and MoneyPlace will have a 5-year deal to fund up… Read More

Aussie P2P Lender MoneyPlace To Open To Retail Investors Next Year; Now Open To ‘Sophisticated Investors’

Aussie startup MoneyPlace will next year be among the earliest Australian peer-to-peer lenders to open up to “mum and dad investors” (read: small-scale nonprofessional investors) as of Monday, Nov. 2, noted the Sydney Morning Herald. The Melbourne-based MoneyPlace has been in the works for two years, including… Read More

Welcome to Australia, MoneyPlace: Newest P2P Lending Market Begins Trading in June Quarter

MoneyPlace, Australia’s newest P2P lending market, has confirmed that it plans to begin trading in the June quarter, joining current popular platforms SocietyOne, RateSetter and ThinCats, according to BankingDay. The Melbourne-based company will focus on the personal loan market, with a minimum loan of $5,000 on three-year… Read More