Equip Super teams up with fintech start-up | Money Management
Multi-sector industry superannuation fund, Equip Super, has partnered with an automated investment service to provide digital advice to the younger demographic that rarely seeks face-to-face financial advice. The super fund has teamed up with Melbourne-based financial technology start-up, Clover.com.au, which will use a goals-based approach to advice and portfolio construction, and algorithms to create portfolios that are intermittently rebalanced to meet clients’ goals. Equip Super chief executive, Danielle Press, said the partnership would allow the $7 billion fund to extend financial advice to those who do not seek it through traditional advice avenues. “We believe super funds have no option but to integrate fintech into their service offer,” she said. […]
Accel Partners’ Rich Wong: Australian start-up sector now a global player
More fantastic news on the Australian FinTech industry, and this one line sums it up best – “Australia is now on the radar of tech investors globally” The local start-up sector is increasingly being recognised as a player in the global technology arena as competition for Australian companies heats up among international venture capital funds.Accel Partners’ Rich Wong has backed more local technology companies than any other US fund and has wryly welcomed the growing interest from fellow Silicon Valley-based funds. “Australia is now on the radar of tech investors globally,” Mr Wong told Fairfax Media in San Francisco. “It creates more competition for us and we’d like to keep […]
Optus Business behind fintech startup hub Stone & Chalk – ARN
Great to see other big Australian businesses getting behind Australian FinTech Hubs and Companies to help in their growth. Optus Business is the founding communications partner for new fintech startup hub Stone & Chalk, a Sydney-based, not-for-profit Innovation Centre that houses 41 fintech start-ups. The telco will supply ICT services to a 2300 square metre collaborative facility in Bridge Street, Sydney delivering Internet, managed security and managed Wi-Fi technology and services. Optus Business managing director, John Paitaridis, said he was delighted to partner with Stone & Chalk to encourage innovation and entrepreneurship in the Australian fintech sector and support local start-ups. “Innovation and responding to change is a critical challenge […]
Ex-NAB MD launches fintech disruptor to take on majors
An ex-NAB managing director has launched a new fintech disruptor to take on the major banks, which he says could do what Aussie Home Loans did to the mortgage market in the 1990s. Officially launching on 28 September, Banjo is an online lender providing secured and unsecured loans to the 51% of SME’s who have no business lending product other than an overdraft or credit card.CEO Andrew Colliver – who was most recently managing director, business performance of corporate, institutional & specialised banking at NAB – along with a team of other ex-bankers and fintech experts, has spent the last two years building the marketplace lending platform that promises to […]
Bravura calls for more fintech funding | afr.com
Australian FinTech company Bravura Solutions are definitely right – the government does need to put its money where its mouth is. The government are continually talking about investing but when is it actually going to happen… Technology group Bravura Solutions has asked the government to “put their money where their mouth is” when it comes to funding tech start-ups, after Prime Minister Malcolm Turnbull said Australia needed to position itself as a “nation that is agile”. Bravura, a financial services technology company that was previously listed on the Australian Securities Exchange, also hinted at a possible return to being a public company after group chief executive Tony Klim flagged improving […]
Australian FinTech Rugby World Cup Tipping Competition
Australian FinTech Rugby World Cup Tipping Competition Join other FinTechie’s in our FREE Australian FinTech Rugby World Cup Tipping Competition! The World Cup starts in less than 24 hours so get in quick! Here are the details: http://www.superbru.com/rwcpredictor/pool.php?p=11475815 Pool name: Australian FinTech Pool code: malekent
9 Giant Banks Make a Deal on Blockchain: What It Means | Alex Salkever
Here’s a follow-up article to yesterday’s article on the blockchain, but this explains it all even further… When Goldman Sachs talks, people all over the world listen. Today Goldman is talking about the blockchain. What the heck is the “blockchain”? Only the next biggest thing since the Internet, according to such tech visionaries such as noted venture capitalist Marc Andreessen. For most of those outside of Silicon Valley and other tech centers, the blockchain is some mysterious computer thing that works with Bitcoin. What they may fail to realize is that the blockchain could completely change the world by allowing us to finally establish true trust and accountability online. Source: […]
The CBA has joined eight other massive banks to take the technology behind bitcoin mainstream | Business Insider
Nine of the world’s biggest banks on Tuesday threw their weight behind blockchain, the technology that powers bitcoin. Barclays, BBVA, Commonwealth Bank of Australia, Credit Suisse, JPMorgan, State Street, Royal Bank of Scotland, and UBS have all formed a partnership to draw up industry standards and protocols for using the blockchain in banking. The partnership is being led by R3, a startup with offices in New York and London headed by David Rutter, the former CEO of ICAP Electronic Broking and a 32-year veteran of Wall Street. Source: The CBA has joined eight other massive banks to take the technology behind bitcoin mainstream | Business Insider
