Investing

May
05

Budget 2016: An opportunity for Investors to embrace Automated Investment Advice

Treasurer Scott Morrison’s moves to enact measures to allow everyday Australians to boost their superfunds can only be welcome. Specifically, allowing those who have been out of the workplace due to childcare or illness to make top up payments on their return to work will go some way to addressing the fact that women in […]

By Cameron Dart | FinTech . Investing . Robo-Advice
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May
05

Budget 2016: fintechs; MoneyPlace, OzForex hail recognition

The Turnbull government’s maiden budget may have lacked the necessary fireworks for the local innovation sector but fintech start-ups are not complaining. Melbourne-based peer-to-peer lender MoneyPlace’s founder and CEO Stuart Stoyan is pleased to see the Australian fintech ecosystem singled out in a budget that didn’t dole out many handouts to start-ups. “It’s an election […]

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May
05

Afterpay fintech float closes up 25pc

The Ron Brierley-backed buy now, pay later fintech Afterpay got a positive response to its $125 million listing on Wednesday, closing up 25 per cent. The company – which received $8 million in private investments before the float from several former members of Mr Brierley’s Guiness Peat Group – listed at midday at $1 and […]

By Cameron Dart | ASX . FinTech . Investing . Payments
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May
04

Budget 2016: Innovation surprises in budget papers

Entrepreneurs developing fintech companies will get a leg up from a new program in association with the Australian Securities and Investments Commission, which will allow ideas to be tested with a limited number of retail clients for up to six months. These road tests in a “regulatory sandbox” will have prescribed investment limits. Australia will […]

By Cameron Dart | Bitcoin . Blockchain . FinTech . Investing
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May
04

DirectMoney Releases Updated Personal Loan Fund

DirectMoney Limited (ACN 004 661 205 ASX: DM1) (DirectMoney) and One Managed Investment Funds Limited (ACN 117 400 987, AFSL 297042) (One Investment Group or OMIFL) are pleased to announce the release of an updated Product Disclosure Statement (PDS) for the DirectMoney Personal Loan Fund (ARSN 602 325 608) (Fund) as at 29 April 2016. […]

By Cameron Dart | ASX . Borrowing . FinTech . Investing . Lending
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Apr
29

The Australian fintech start-up streamlining access to US stocks

Australian investors could soon be able to buy international shares direct from their Facebook Messenger app, using the social network’s recently unveiled chatbots. That’s one of the possibilities under consideration by start-up online broker Third Party Trade, which opens to investors today and aims to make it easier and cheaper for Australians to buy US […]

By Cameron Dart | FinTech . Investing . Robo-Advice
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Apr
28

Access to talent critical for innovators

The “Tech Pioneers 50” report, released on Wednesday, ranked Australian and New Zealand businesses on their capital raising efforts, sector diversity, innovation and success with consumers. Software “unicorn” Atlassian, valued at over $6 billion in 2015, was named the leading tech pioneer, while Kiwi accounting software company Xero was ranked second and creative hub Envato […]

By Cameron Dart | FinTech . Investing . Peer-to-Peer
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Apr
27

CXi Software announces Superannuation initiative, new Staff

CXi Software (“CXi”) has announced a new maternity leave initiative aimed at encouraging more women to work in the fintech industry and making it easier for them to take maternity leave without the worry of interrupting their superannuation savings. “From today, CXi will pay superannuation contributions for any permanent staff member who goes on statutory […]

By Cameron Dart | FinTech . Investing
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