FinTech Startups

Apr
14

Fintech start-ups become hot property | The Courier-Mail

Hundreds of millions of dollars in funding await local financial technology start-ups as the largest banks, insurers and wealth management institutions jostle for pole position, in fear of missing out on the “next big thing”, experts say. “When companies look at tipping funds into fintech start-ups, talks of $50 million-plus are common as opposed to […]

By Cameron Dart | FinTech . Venture Capital
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Apr
02

Tyro says Stone and Chalk needs competition

Tyro chief Jost Stollman, says another fintech hub, independent of bank-backed Stone and Chalk, is needed to ensure new bank rivals don’t remain “rounding errors”.Mr Stollman has dubbed Sydney’s Clarence Street “Fintech Alley” since he opened Tyro’s FinTechHub at 155 on Wednesday, just down the way from bank-backed hub Stone and Chalk at number 45 […]

By Cameron Dart | Banking . FinTech . Sydney FinTech
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Apr
02

Fintech split on lower regulatory hurdles

Challengers to the banks and global payment giants disagree on whether there should be an easing of regulations for finance start-ups, a major recommendation of the Murray inquiry.Peer-to-peer lender RateSetter Australia argues current regulations are adequate and flexible enough. It said “graduated” regulation applied based on the company’s risk to the financial system suggested by […]

By Cameron Dart | FinTech . Investing . Peer-to-Peer
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Banks shadow box with online business lenders

Banks are courting a rash of new online lenders that have moved quicker than their giant rivals to use technology to give better deals to small businesses.Prospa has been quietly building its small business loan book for two years. It is one of several local and international players discussing mutually beneficial deals with banks that […]

By Cameron Dart | Banking . Borrowing . FinTech
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Sep
01

Australia’s FinSuite joins Asia-Pacific fintech accelerator program

Australian startup FinSuite has been selected as one of eight companies to participate in the 2014 FinTech Innovation Lab Asia-Pacific accelerator program. The lab was launched by Accenture in June, in collaboration with some of the world’s biggest financial intuitions and supported by Cyberport and Airbnb. The program nurtures early-stage companies from around the world […]

By Cameron Dart | FinTech
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