Aussie challenger Xinja lands $255m from Emirates’ World Investments
Xinja will receive the bulk of the investment over 24 months.
Xinja will receive the bulk of the investment over 24 months.
The Australian bank is set to be fined around AUD 5 million.
The acquisition marks Greensill’s move into payday finance.
Mambu landed two other Asia-Pacific deals this month.
Nimble is switching up on its tech to power digital bank aims.
Parent firm Bank of Queensland kicks of digital transformation plan.
The challenger is offering a minimum investment of AUD 20,400 ($14,000).
The challenger wants to “accelerate daily usage of accounts”.
APRA will consult the industry on the development of the framework in H2 2020.
NSX suspended iSignthis from trading on its platform five months ago.
Infrastructure projects to get $40bn, whilst renewable energy and clean tech to get $35bn.
The challenger is headquartered in New South Wales with offices in London and Belfast.
FinTech Futures publishes its latest industry report, on digital identity and fraud.
The new payments venture is designed to help ecommerce merchants.
US-based nCino has gained further presence in Australia via a new deal with Funda Finance Partners, an SME lender. New South Wales-based Funda will implement the vendor’s flagship cloud-based solution, nCino Bank Operating System, “to streamline its lending processes and enhance its customer experience”, nCino says. “Funda chose nCino after searching for a technology solution […]
The neobank can extend its list of international payee countries to one 33 times the size.
The challenger expected to do $120 million in deposits in a year.
Co-founder tells FinTech Futures: “We’re fighting the inertia of kids not saving.”
Home-In and Vonto are the first two Aussie start-ups to join the incubator.
CBA will own half of Klarna’s Australian and New Zealand business.
FinTech Future’s weekly news round-up.
ANZ, Westpac, NAB and Commonwealth Bank have lost a collective half a billion dollars.
Volt plans for $50 million Series D round with British and Middle Eastern investors.
New and existing “high quality” institutional investors took part.
AirTrunk operates data centres in Sydney, Melbourne and Singapore.
Paul Hanks has joined DayTek Capital as a technology advisor.
Banks are “extremely concerned about cybersecurity”, says ACCC.
The core deals which made waves this year, summarised just for you.
One million customers have been reimbursed so far with an average of $60 each.
Merchant fees on card payments in Australia came to AUS $4.3 billion last year.
Traditional banks might find themselves facing a future where the front doors are locked for them!
Diebold Nixdorf will take charge of a fleet-wide upgrade to Windows 10.
The bank failed to stop 23m potentially illegal transactions
Tyro is also reportedly pursuing a $1 billion valuation.
The round will fuel further growth into the UK, the US and Asia.
Queensland-based firm aims to disrupt rival neobanks.
The paytech charges the merchant rather than the consumer.
Funding will support acquisition of Aussie firm SVX Group.
Amex cards will be available to Coupa clients from late 2019 onwards.
Australian bank hints at moving to 10x technology for its core.