Fintechs have captured the market's attention this year, with their push into consumer and business lending, payments processing and foreign exchange markets. However, a string of rookie errors and incidents of sloppy reporting suggest that emerging fintechs still have some work to do to strengthen the management and governance of their operations.Shareholders of consumer finance company zipMoney gather in Sydney today for the company's annual general meeting and no doubt they will hear about the company's bright prospects after pulling off a A$100 million funding deal last week.However, they might not be so pleased to learn that, in the process, the company put grandstanding ahead of the interests of shareholders and breached the Australian Securities Exchange's listing rules.Marketplace lender DirectMoney made an investor presentation earlier this week in which it outlined an origination and funding model that includes selling loans into a managed fund called the DirectMoney Personal Loan Fund, without any mention of the fact that the fund's prospectus had been withdrawn.And money services company OzForex has become a serial offender at breaching the rules governing financial reporting.zipMoney has been listed on the ASX since September, when it made a reverse takeover of Rubianna Resources. It went into a trading halt on Tuesday last week, ahead of an announcement on Thursday that it had put in place a $108 million securitisation warehouse facility with United States asset manager Victory Park Capital. This is a big step up for the company, which raised $5 million of capital at the time of its listing, had a $20 million loan facility and reported around $5 million of loan originations in the year to June. zipMoney chief executive Larry Diamond said in last week's statement: "This is another major milestone for the company. Having access to such a substantial warehouse facility delivers the necessary firepower to truly disrupt the sector."The contents of the announcement fall within the ASX's definition of market sensitive information and are covered by the listing rules.Some time on Wednesday, the day before the ASX announcement, the company or its media representatives briefed a reporter at the Australian Financial Review. A story about the funding arrangement appeared in the printed edition of the newspaper on Thursday.The ASX listing rules say that an entity must not release information that is required to be given to the ASX to anyone else, unless and until it has been given to ASX and the entity has received an acknowledgement from ASX that the information has been released to the market."This includes releasing the information to the media or to analysts, even on an embargoed basis," according to an ASX guidance note.zipMoney chief executive Larry Diamond declined an opportunity to discuss this breach. However, it is understood that the company is relying on the fact that the information was disclosed to the AFR while the company was in a trading halt to argue that it was a minor technical breach.When marketplace lender DirectMoney issued an update last month it revealed that it has withdrawn the