A new & promising $280 million Aussie fintech firm Plenti to hit the ASX
A Sydney-based financial technology firm Plenti Group Limited (ASX: PLT) is all set to launch into the Australian Securities Exchange from 23rd September 2020 with a market capitalization of $280.3 million. Previously known as RateSetter, Plenti is a fintech firm that has built an investors...
ANZ Bank’s Group Transformation General Manager Rob Marchiori to Exit
Rob Marchiori, the Group Transformation General Manager for Australia and New Zealand Banking Group will be stepping down from his role. Marchiori will leave the bank in October 2020 and the remaining agile work way teams will be merged into the technology organisation The latest...
ASX-Listed Change Financial to acquire payment fintech Wirecard ANZ
A US-based fintech-focused company Change Financial has launched a capital raising to acquire the Australia and New Zealand arm of payment fintech solution provider Wirecard. The ASX-listed Change Financial announced that it has entered a binding agreement to successfully acquire Wirecard ANZ’s all business assets...
NAB’s Revolutionary Zero Interest Credit Card Challenges Afterpay
In an attempt to take on Afterpay’s buy-now-pay-later fintech solution, one of Australia’s big four banks NAB has introduced a ‘no interest credit card’ that charges its customers a monthly fee. The ‘StraightUp Card’ by the NAB offers customers credit of up to $3000 and...
Milestone Group Reveals New APAC Managing Director
Trending in the latest fintech news, Milestone Group has named its newest Managing Director for the Asia Pacific (APAC) region. The fintech firm’s newly created position plays a key role in its revamped global strategy which places its APAC markets in the spotlight. The company’s...
Neobank Douugh IPO: Raises $6 million ahead of ASX Debut
Australia’s very own next-generation neobank, Douugh has announced its plans to get listed on the Australian Securities Exchange (ASX) by September 2020 end in an attempt to expand its customer base in the US. The neobank will list in the ASX through the Australian telecom...
Sydney startup Superhero backed by Afterpay & Zip founders raises $8 million
Superhero, a promising Australian share-trading startup has entered the market after receiving $8 million in a fresh round of funding which was backed by some of the big names in the country. The funding round for the Sydney startup was led by Founder and CEO...
Kiwi BNPL fintech firm Laybuy announces its debut on the ASX
Laybuy, a New Zealand-based buy-now-pay-later contender has announced that it will be listed as a public company on the Australian Stock Exchange (ASX). The BNPL fintech firm made its debut on the ASX by raising $80 million through its Initial Public Offering (IPO) and will...
New fintech uno & 86 400 bank partner to offer digital home loan solution
Introduction Australia’s first digital home loan solution provider uno announced that neobank 86 400 has joined its lender panel. Both 86 400 neobank and uno are challengers in the digital mortgage driving competition and delivering options to meet and enhance the lives of Australian homeowners....
Zip partners with eBay to expand Zip Business to SMEs
Introduction Australian fintech company Zip Co has announced its partnership with eBay to give small and medium sized businesses the opportunity to explore the newly launched Zip business. The announcement has surged the share prices as much as 10% What is Zip Business? Zip Business...
