zipMoney (ASX:ZML) has announced a $40 million strategic investment from Westpac Banking (ASX:WBC). The investment was paired with an agreement for the two companies to explore the integration of Zip’s products and services into Westpac’s network across Australia. The investment will be by subscription of… Read More
Read more in: Fintech, Global | Tagged australia, gary thursby, larry diamond, online lending, westpac, zipmoney
The Australian Competition and Consumer Commission (ACCC), an independent arm of the Australian government that aims to regulate competition in the market and uphold national consumer law, has been closely eyeing four big banks to prevent attempts of monopolizing the blockchain industry in fintech. The banks… Read More
Read more in: Asia, Fintech, General News, Global | Tagged ACCC, ANZ, apple, australia, banks, blockchain, CBA, entrepreneurs, NAB, startup, westpac
Australia based peer to peer lending platform SocietyOne has added to its executive team with the appointment of new Chief Operating Officer Simon Schwarz. The new hire will help position the platform for further growth as the P2P lending industry continues to disrupt traditional banks… Read More
Read more in: Global, Investment Platforms and Marketplaces | Tagged australia, consolidated media, james packer, matt symons, news corp, p2p, peer to peer, simon schwarz, societyone, westpac
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