Ezypay adopts Mastercard tokenization
Introduction Ezypay, a subscription payments provider in Australia has adopted the tokenized payment security technology of Mastercard – MDES (Mastercard Digital Enablement Service for Merchants). Through this tokenization, Ezypay will be able to offer their business customers a stronger collection process and enhanced payment security....
Kogan.com co-founders sell 6.9% stake as company share prices soar
Co-founders of Kogan.com, Ruslan Kogan and CFO David Shafer sold 6.9% stake in the company as its share price skyrocketed following its FY20 result earlier this week. In a note sent to the ASX in the morning of 19th August 2020, the Australia-based fintech company...
UK-based fintech Revolut launches its full services in Australia
Introduction A UK-headquartered challenger bank Revolut has rolled out its finance management app in Australian market. The money app was already running on ‘beta’ mode in the country, meaning a phase in which products and services of a company are being improved. Currently, fintech Revolut...
Fintech company Credi launches vendor finance solution for Australian SMEs
Credi, a leading Australian personal lending platform, has launched its vendor finance solution for SMEs through a deal signed between Provender, an Australian vending machine supplier, and one of its franchisees. Provender is Australia’s leading vending machine specialist and was looking for a solution that...
Retirement Income Fintech Timeline Secures $2.3 Million Funding
Retirement income fintech Timelineapp has bagged funding of $2.3 million that it will utilize for global expansion. The major contributors to the funding were Anthony Murrow (CEO of Open Money) and Alan Smith (CEO of Capital Asset Management). FNZ also contributed to the funding making...
BPAY Group: Ranked 5th Best Place to Work in Australia
BPAY Group has been recognized the 5th Best Place to Work in 2020 in Australia by global research and consulting firm, Great Place to Work. The Australian fintech company BPAY Group earned this rank on the list of Best Places to Work in 2020 Study...
Fintech company ‘The Payment App’ to challenge global giants Square & PayPal
With the launch of its new payments platform, Australian fintech company ‘The Payment App’ will take on global competitors Square and PayPal. Interestingly, The Payment App is not the actually an app but the name of an Australian fintech company that has created a band...
Australian BNPL Afterpay loses its Chief Technology Officer to NAB’s UBank
Australian BNPL Afterpay lost its Chief Technology Officer (CTO) of 3 years, Jon Donoghue, to National Australia Bank. Donoghue has been appointed as the Chief Information Officer for NAB’s UBank and will sit within the bank’s Technology and Enterprise Operations division. He will be reporting...
ME & Heritage Bank partner with Apple Pay for contactless payments
Australian financial institutions, ME Bank and Heritage Bank have announced they will offer Apple Pay as a payment method to their customer. Australia and New Zealand Banking Group was the first of the big 4 banks in Australia to allow Apply Pay as a contactless...
BNPL Afterpay raises $1.05 billion; founders offer $250 million of their stake
Australian buy now, pay later company Afterpay has raised $1.05 billion in capital to expand into new international markets and maintain the sales growth momentum. As a part of the capital raising, the fintech’s founders, Nick Molnar and Anthony Eisen will sell 10% of their...
