Statewide Super to offer robo-advice
Robo-advice provider Decimal has announced its Eqilize software has been chosen by Statewide Super to provide members with digital financial advice. The South Australia-based industry superannuation fund will roll the software out as part of “a broader system upgrade and expansion project” due to begin in November 2016, Decimal said. “One of our drivers was to integrate digital advice with phone as well as internal and third party face-to-face advisory services, which are areas in which other Decimal clients have had success,” said Statewide Super head of member experience Tony D’Alessandro. “That omni-channel approach is important for Statewide Super to enable us to provide members with services that suit their […]
The coolest 100 people in Australian tech
Business Insider Australia’s Tech 100 is a comprehensive list of the coolest people in Australian tech. It highlights achievements in the sector over the past 12 months. Congratulations to those cool people from the world of FinTech, FinTech Startups and FinTech Hubs & Accelerators, FinTech VC’s and Investors in Australia…. 12. & 13. Dan Petre and Craig Blair, co-founders, AirTree Ventures 15. Jason Yetton, MD and CEO, SocietyOne 20. Stuart Richardson, founder and managing partner, Adventure Capital; co-founder, York Butter Factory 21. Paul Bassat, co-founder, Square Peg Capital 23. Maile Carnegie, group executive digital banking, ANZ 24. Jost Stollmann, CEO, Tyro Payments 25. Niki Scevak, managing director, Blackbird Ventures […]
Optus MyBusiness Awards – FinTech Finalists
Congratulations to the Australian FinTech companies that are shortlisted for the Optus MyBusiness Awards: Billsumo HashChing Maestrano Practice Ignition SelfWealth Six Park ABAKUS APPS From the team here at Australian FinTech, we wish you all the best! Good luck!
H2Ocean pulls float, but commits to raising new private fund
The listing of what was set to be Australia’s first public venture capital company, H2Ocean, has been pulled, but the firm intends to proceed with raising a private fund. As revealed by Street Talk, the company – the brain child of H2 Ventures founders Ben and Toby Heap – was unable to raise enough capital. H2Ocean had been trying to raise between $27.5 million and $55 million to establish a portfolio of 15 to 50 fintech start-ups, but Ben Heap told The Australian Financial Review the firm had fallen just short of its target. Rather than persist with a lower amount, Mr Heap said it was better to withdraw the […]
Link Group invests in technology solutions provider Moneysoft
Link Group (ASX: LNK), a global provider of fund administration, share registry, shareholder management, analytics and services, today announced an investment in Australian technology solutions company, Moneysoft. Moneysoft is a provider of Personal Financial Management (PFM) tools that incorporate real-time data, budgeting, reporting capabilities and more, to assist financial advisers and their clients to better manage their money and reach their financial goals. The strategic partnership with Moneysoft will augment Link Group’s offering to both superannuation funds and listed company clients as the two parties join forces and explore opportunities to collaborate on new products and innovations. Initially, Link and Moneysoft will release a number of products designed to help […]
Prospa and The Entourage combine to inspire small business owners
Prospa, Australia’s largest online lender to small business, has launched an innovative partnership with educator The Entourage that enables business owners and budding entrepreneurs to fund education through their business cashflow. The partnership will enable business owners to access The Entourage’s Launch, Build and Scale education programs and advice from leading entrepreneurs using an interest free loan from Prospa, instead of a large upfront payment, credit card or expensive personal loan. Beau Bertoli Joint CEO of Prospa said “It’s amazing that two of Australia’s entrepreneurial success stories are partnering to offer Australian small business owners and fledgling entrepreneurs access to finance and education. “Prospa and The Entourage have the same […]
Blockchain report: Where are we now, and where are we going?
A report by international law firm Allens investigates the use cases for blockchain and where the technology is now. International law firm Allens, which has offices in Australia and Asia, has released a detailed report investigating the attributes, problems and possible use cases for blockchain. The report’s lead authors say blockchain first got on Allens’ radar in 2012 due to a junior lawyer’s penchant for blockchain, and the fascination stemmed from there. “We’ve seen distributed ledger technology move out of the lab and onto the C-suite agenda of our clients, from startups to multinational giants with centuries of transactions behind them,” they said. While perspectives are many and varied, the […]
Property crowdfunding start-up CrowdfundUP closes funding round and eyes China
Property crowdfunding platform CrowdfundUP has closed a $2.1 million capital raise to build its team and grow its market presence locally and in China. The funding comes as the property sector faces disruption from increasing numbers of new entrants with disruptive business models such as Purplebricks Australia, PropertyNow and BRICKX. The investment in CrowdfundUP has been led by asset development and management firm Positive Investment Enterprise, which has a focus on property development, venture capital and funds management throughout Australia, China and the US.Professional services firm BDO also participated. CrowdfundUP founder and managing director, Jack Quigley, said the business would expand rapidly in the next year, with plans in place […]
