Tagged: sydney

UK’s Open Banking Fintech TrueLayer Appoints Tilen Chetty, Dan Gaskin to Focus on APAC Expansion

TrueLayer, the global Open Banking solution provider, reveals that it has hired technical professionals in Australia in order to expand operations in the APAC region. Tilen Chetty will be joining TrueLayer in Sydney as Product Lead and Dan Gaskin will be working out of the… Read More

Digital Transformation Enabler Mobiquity to Expand Operations into APAC Region, Appoints New VP of Business Development Financial Services

Mobiquity, a full-service digital transformation service provider, revealed that it has expanded its operations into the Asia-Pacific. The company’s APAC expansion will be supported by the appointment of ex- Microsoft and IBM Director, Gustavo Quiroga, who will be serving as Vice President of Business Development… Read More

Commonwealth Bank’s Venture Scaling Unit, x15ventures, Selects Stone and Chalk, to Scout Founders to Help Reimagine Retail Experience

x15ventures, which is Commonwealth Bank‘s venture-scaling unit, has chosen Stone & Chalk, Australia’s Impact Network for emerging tech startups and scale-ups, in order to assist with recruiting seasoned founders to take part in Xccelerate21, which focuses on reimagining the retail experience. Xccelerate21 is described as… Read More

Trust Payments, a Unified Payments Group, Adds Buy Now Pay Later Fintech Service Zip

Trust Payments, the multinational unified payments group, has teamed up with Zip, the first Buy Now, Pay Later (BNPL) service to join its diverse network of payment partners. The agreement means that merchants based in the UK that are using Trust Payments’ platform may provide… Read More

Karachi Fintech Seed Labs, Developer of Trading App dTrade, Acquires $6.4M from Alameda Research, Others

Karachi’s Seed Labs, which has developed a new trading app (called dTrade), has secured $6.4 million in capital through a seed funding round at a $50 million valuation. Seed Labs co-founders Ahmad Jawaid, Zabi Mohebzada, Rabeel Jawaid, and Yameen Malik have helped create the dTrade… Read More

Australian Fintech DataMesh Introduces Payment System which Enables Low Cost Automatic Routing via eftpos’ Debit System

Sydney-headquartered Fintech firm DataMesh Group has introduced a payment system that enables low-cost automatic routing through eftpos’ Australian debit system. DataMesh’s new payment solution should help merchants save as much as AUD 500 million per year in transaction fees, after it has been launched across… Read More

SendGold, an Australian P2P Digital Money or Gold as a Service Platform Reports Over 800% Increase in Transactions, After COVID-19 Outbreak

Fintech firm SendGold, which describes itself as a Gold-as-a-Service (GaaS) platform, reports an 819% increase in transaction volume and a 311% growth in transaction size since January 2020. Established in 2016, SendGold is a peer to peer (P2P) digital money platform focused on serving the… Read More

Netherlands’ Digital Banking Solution Provider Backbase to Establish New Offices in Melbourne and Sydney

Virtual banking service provider Backbase is planning to establish two new offices in order to meet growing demand for its products in Australia, where digital banking platforms are expected to expand rapidly in the coming years. Backbase will be offering greater proximity and expertise in… Read More

Digital Banking: Australia’s Tyro Payments Reports that its Transaction Volumes are Steadily Increasing During Coronavirus Outbreak

Sydney-based Tyro Payments (ASX: TYR), an Australian Fintech institution that specializes in merchant credit, debit and EFTPOS acquiring, reports that its transaction volumes during the past three weeks have been steadily increasing. Tyro Payments notes that from March 1 to March 20, there was a… Read More

Sydney-based Tyro Payments Files Prospectus for Conducting an IPO, Aims to Raise $173.2 Million

Sydney-based Tyro Payments, an Australian Fintech institution that specializes in merchant credit, debit and EFTPOS acquiring, submitted a prospectus on November 18 for conducting a local initial public offering (IPO) that aims to raise A$252.7 million (appr. $173.2 million). Founded in 2003 by Peter Haig,… Read More

Australia’s Westpac Banking Corporation Is Planning to Launch a New Digital Banking Platform

Sydney-based Westpac, one of Australia’s first banks and first companies, is reportedly planning to introduce a new digital banking platform in order to attract younger clients that may otherwise prefer opening accounts at neo banks. Westpac’s decision to launch a new digital brand was announced… Read More

Inaugural Australia Fintech Business Awards Announces 2017 Winners

Australian business media company Fintech Business announced the winners of the 2017 Fintech Business Awards, which recognized the outstanding innovation and entrepreneurship in the Australia fintech sector. The inaugural event’s description reads: “The inaugural Fintech Business Awards seeks to identify and acknowledge the leading individuals… Read More

TechSydney Raises Over $400,000 on Pozible & Named Biggest Ever Non-Profit Campaign on the Platform

This week, Pozible announced TechSydney has been dubbed its biggest non-profit campaign after it raised over $400,000 within two weeks. TechSydney is notably on a mission to make Sydney a top 10 tech ecosystem. It shared that while it seems as though the city’s tech… Read More

VentureCrowd Closes Clearstate’s Sydney Resident Property Deal After Securing $1M in Four Hours

On Tuesday, Australia’s equity crowdfunding platform VentureCrowd announced the closing of Clearstate’s recent deal, which secured $1 million in four hours. The end-to-end property development company took to the funding portal to raise $900,000 for residential property development in Sydney. According to a press release provided… Read More

Pozible Teams Up With Grill’d Local Matters For New Crowdfunding Campaign in Melbourne and Sydney

This weekend, Australian crowdfunding portal Pozible announced that it has teamed up with Grill’d Local Matters once again for funding projects in Melbourne and Sydney.  The funding website revealed in a recent blog post: “In 2015, Grill’d Local Matters and Pozible teamed up to discover and… Read More

Brief: AltFi Announces Details For The Inaugural Australasia Summit 2016

AltFi, a media outlet for alternative finance, announced this week details about the inaugural AltFi Australasian Summit 2016 in Sydney, which is set to be held next February 29th in Sydney. This event will provide attendees with a deep dive into the inner workings of… Read More

Sydney’s Poor Toms Gin Makes An Appearance on New Series “The Cult of New” Following Pozible Project (Video)

Last week, Sydney brand Poor Toms Gin made its appearance on the new series The Cult of New.  The new craft gin distillery has opened in Sydney earlier this year and its first batch was snapped up on Australia’s crowdfunding platform, Pozible.  The young business raised $25,000 in one day. It… Read More

Australia’s Peer-to-Peer Lender SocietyOne Dubs Former Lending Club’s Vice President of Marketing Mitchel Harad Chief Marketing Officer

SocietyOne, Australia’s peer-to-peer (P2P) lending platform, announced that Mitchel Harad has joined the company as Chief Marketing Officer (CMO). Harad was the Vice President of Marketing of Lending Club, a leading direct lender with headquarters in San Francisco. Leading Lending Club’s borrower marketing efforts over the… Read More

Taxi App Ingogo Sets Records On The Australian (Crowdfunding) Racetrack: Update

Valuation Placed at $100 Million. You might not expect a taxi to win on the racetrack, but Australian taxi app Ingogo is setting records for making the (funding) rounds. The company, launched in 2011, just announced that it closed A$12 million in a new funding round through… Read More

Australia’s H2 Ventures Seeks to Raise A$10M to Launch 100 Early-Stage Fintech Startups

Australia’s H2 Ventures, a newly-established fintech-focused digital design and investment firm, plans to raise a A$10 million war chest to fund the launch of 100 early-stage fintech startups over the next three years. The firm, set up by former AWI Ventures alumni Ben and Toby… Read More

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