Crypto.com buys Australian brokerage service and trading company Fintek Securities
Crypto.com also recently acquired Watchdog Capital to offer equities and equity options for traders in the US.
The latest fintech news, resources and expert analysis in Australia by the leading intelligence provider for the worldwide fintech community.
Crypto.com also recently acquired Watchdog Capital to offer equities and equity options for traders in the US.
New Zealand’s FMA cancelled Equitise’s crowdfunding services licence in April 2024.
Airwallex last raised $100 million through a Series E extension two years ago at a valuation of $5.5 billion.
Banked has secured a partnership with Aussie pharmacy giant Chemist Warehouse through the acquisition.
Hastings Direct expanded into personal loans around three years ago.
The funding round values InDebted at approximately $240 million.
Current CEO Peter King is preparing to end his 30-year tenure at the bank.
The migration to the cloud-based core banking platform has been underway since last year.
MyState’s new platform supports banking features including payments, PFM, and integrated fraud protection.
The funding round follows the completion of a $230 million Asset Backed Securitisation in May.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Under BCTO’s ownership, the two entities will merge to become a single combined business.
Westpac says the new feature will be rolled out to customers in the coming months.
The fintech is to leverage the AFSL licence, granted by ASIC, to expand Airwallex Yield.
ABA CEO Anna Bligh says the CDR initiative has “not realised its potential”.
DASH is looking to use some of the funds to increase its headcount by 20.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The review will begin after the Australian government evaluates the Payment Systems Regulation Act 1998.
Gary Rohloff, managing director of Laybuy, describes the appointment of receivers as “gut wrenching”.
The Aussie bank has deployed MongoDB’s Atlas solution.
The collaboration aims to “help validate bank account details used in international payments to Australia”.
North America’s sixth-largest commercial bank has tapped the platform to “detect more early warning signs” in lending.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round represents Data Zoo’s first ever outside investment.
NAB says the first group of business clients to adopt A2A payments will go live “in the first half of 2024”.
The new facility from Pollen Street Capital will support the lender’s future growth plans.
The WG-QSC intends to publish its initial findings ahead of Sibos in October 2024.
Airwallex’s tech will power Bird’s in-house foreign exchange engine and issuing solution.
The New Zealand-based firm is currently listed on the Catalist stock exchange with a value of around $5.4 million.
The new CEO has been tasked with leading the start-up’s “next phase of growth and innovation”.
The new cash injection adds to the $20 million Constantinople previously raised via its May 2022 seed round.
Westpac’s current stack “isn’t older or less capable than peers… we just have too much of it”, according to its CEO.
GSS says the new funding coincides with its “transition from the development phase to the operational phase”.
The firms plan for the new security measure to be ready by the beginning of 2025.
With the deal, Anna Money says it plans to introduce a “smart business current account and debit card”.
The approval comes less than three years after the bank was first awarded a restricted banking licence.
Bayliss succeeds Joseph Healy, who is stepping down after a seven-year tenure as CEO.
The bank will leverage nCino’s Cloud Banking Platform across its consumer and business lending operations.
Subi’s partners at launch include BambooHR, KeyPay, MYOB and Xero.
Charlie Minutella will lead the fintech’s operations from its New York office.