How can you benefit From FinTech?
Financial Technology, also known as FinTech, is a line of business based on using software to provide financial services. FinTech companies are generally startups founded with the purpose of disrupting incumbent financial systems and corporations that rely less on software.[1]
What is Australian Fintech?
Financial Technology, also known as FinTech, is a line of business based on using software to provide financial services.
Just what is Fintech?
Financial Technology, also known as FinTech, is a line of business based on using software to provide financial services. FinTech companies are generally startups founded with the purpose of disrupting incumbent financial systems and corporations that rely less on software.[1] Global investment in FinTech more than tripled to $4 billion in 2013 from $930 million in 2008.[2] The nascent FinTech industry has seen rapid growth over the last few years, according to the office of the Mayor of London. Forty percent of London’s workforce is employed in financial and technology services.[3] In the Asia Pacific region, the growth will see a new FinTech hub to be opened in Sydney, Australia, in April 2015.[4] There is already a number of strong […]
Australian travel insurers…reviewed, rated and crowned
If you’re looking for a standout travel insurance policy, check out the providers that took out the top spots in the Mozo Experts Choice Travel Insurance Awards. Source: Australian travel insurers…reviewed, rated and crowned
Watch out big banks, here comes RateSetter
Test text One of the world’s largest peer to peer lenders, RateSetter, says it will be operating in Australia by the middle of the year, with an ambitious plan to attack the lucrative personal finance market dominated by major banks. Source: Watch out big banks, here comes RateSetter
Peer-to-peer lender RateSetter plans assault on big banks | afr.com
One of the world’s largest peer-to-peer lenders, RateSetter, says it will be operating in Australia by the middle of the year, with an ambitious plan to attack the lucrative personal finance market. Source: Peer-to-peer lender RateSetter plans assault on big banks | afr.com
Robo-adviser Stockspot raises capital from H2, Rocket Internet
Stockspot, a robo-adviser seeking to disrupt wealth managers by offering a low-cost, automated financial advice process, has completed a capital raising and welcomed onto its register the Berlin-based start-up investor Rocket Internet, and H2 Ventures, the new fintech venture capital fund run by brothers Ben and Toby Heap.Stockspot, founded in 2013 by former UBS portfolio manager Chris Brycki, has 3000 registered users after launching in May last year. It won’t disclose funds under management but says these have tripled this calendar year. Source: Robo-adviser Stockspot raises capital from H2, Rocket Internet
P2P lender ThinCats Australia on prowl for strategic investors, potential IPO | afr.com
ThinCats Australia is looking to capitalise on investor interest in peer-to-peer lending, as it gears up for a potential initial public offering and holds talks with strategic investors.It’s understood ThinCats Australia, backed by UK-parent ThinCats, is in discussions with private equity firms, credit unions and accounting firms about a strategic investment. The company, which launched in Australia last year, is also considering a run at the ASX boards. Source: P2P lender ThinCats Australia on prowl for strategic investors, potential IPO | afr.com
