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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...
AirPay collabs with AsiaPay to facilitate ANZ merchants with UnionPay, WeChat Pay & Alipay
Aussie fintech firm Airpay FinTech has announced its integration with AsiaPay, a payment gateway, to enable merchants in Australia and New Zealand to accept WeChat Pay, UnionPay and Alipay through its network of payment plugins like Opencart, WooCommerce and Magento. Through this collaboration, ANZ merchants...
Aussie debit card company eftpos enters the digital payments realm
Offering Aussie businesses a cheaper alternative to global credit card schemes, Australia debit card company eftpos has rolled out its digital payment services for banks and retailers. In its first play in the digital payments realm, eftpos’s new service will allow merchants to process regular...
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...
