Axiom confronts 1derful losses 28 November 2024 4:40AM Latest news Ian Rogers Investors will be asking the board and management of Axiom Properties why it failed to disclose its heavy loss in the Supreme Court of NSW three weeks ago, in a case in which the fintech founder Luke.. read more
The brawl over 1derful 27 November 2024 3:05AM Latest news Ian Rogers 1derful not only lives to try and fight another day, it is a literal Lazarus. read more
The Mutual modernises mortgage origination 09 July 2024 2:23AM Latest news Ian Rogers Seemingly late to chase the digital wave in mortgage origination, The Mutual Bank, from Maitland, has partnered with a fancied fintech to plug this gap. read more
Mixed messages on Consumer Data Right 04 July 2024 8:55AM Latest news Bernard Kellerman Data wrangling companies have come out in favour of a larger remit for the Consumer Data Right while banking services providers have argued it's cost too much for minimal results. read more
Revolut reports big year for 2023 03 July 2024 6:47AM Latest news Bernard Kellerman Increasingly diversified money transfer, foreign exchange and credit product provider Revolut has expanded operations into new business areas, territories and product lines in the past year. read more
Ambition aplenty for early-stage Midkey 20 June 2024 12:58AM Latest news Ian Rogers Midkey, a fintech funder with vaulting plans and a minimal loan book, is widening the reach for its idiosyncratic, and pricey, simple interest loans aimed at the most affluent cohorts in the mortgage.. read more
Briefs: ASIC CEO resigns, Pepper prices ABS, Butn tops up capital 16 April 2024 3:35AM Latest news John Kavanagh ASIC chief executive Warren Day is leaving the regulator to join the Commonwealth DPP. read more
Debenture decision all backwards 15 March 2024 5:13AM Latest news Ian Rogers In a decision that seems unlikely to stand, the Federal Court has found that Finder Wallet Pty Ltd’s crypto product Finder Earn is not a debenture. read more
Deposit gap funder in administration 07 March 2024 5:51AM Latest news John Kavanagh A start-up promising to help home buyers bridge the deposit gap has gone into administration, just months after launching its loan. read more
Fintech technically insolvent 04 March 2024 3:55AM Latest news John Kavanagh Douugh’s December half financial report reveals the fintech is technically insolvent. read more
humm clean-up continues 21 February 2024 6:06AM Latest news John Kavanagh Finance company humm remains in a rebuilding phase, with the rationalisation of its product set that started a couple of years ago yet to be completed and a number of initiatives designed to revitalis.. read more
Briefs: Splitit trades on PrimaryMarkets, Thinktank appoints head of credit risk 13 February 2024 4:46AM Latest news Banking Day staff After delisting from the Australian Securities Exchange in December, buy now pay later company Splitit has established a share trading facility with PrimaryMarkets, a platform for trading private secu.. read more
Fintech funding to remain tight in 2024 30 January 2024 5:12AM Latest news John Kavanagh The difficult funding conditions that hit fintechs last year will continue in 2024, a new McKinsey report on the sector says. read more
The year in review: the great delisting 11 December 2023 4:53AM Latest news John Kavanagh Splitit is the latest in a long line of small financial services companies leaving a securities exchange that no longer provides them with access to the funding support they are looking for. read more
Funding for fintech start-ups dries up 30 November 2023 2:40AM Latest news John Kavanagh Fintech start-ups are struggling with barriers to entry that are significantly higher than they were 12 months ago, a new report reveals. read more
Airwallex adds high-yield account to its product offering 08 November 2023 4:36AM Latest news John Kavanagh Cross-border payments specialist Airwallex hopes to win more of its clients’ business, with the launch of a multi-currency cash management account. read more
ConnectID goes live 18 October 2023 5:33AM Latest news John Kavanagh Australian Payments Plus has launched its identity verification service Connect ID, promising ID checks without sharing “unnecessary data”. read more
Wise up to 'fastest payments' 29 September 2023 5:02AM Latest news Ian Rogers Wise is emerging as a challenger to take notice of in Australian banking. read more
Square meltdown exposes RBA's 'go-slow' on payments regulation 20 September 2023 5:55AM Latest news George Lekakis Payments experts are mystified why it took Square’s protracted global service meltdown earlier this month for the RBA to act. read more
Joust on auction block 13 September 2023 5:24AM Latest news Ian Rogers Joust, an online home loan marketplace, is undertaking a sale process for the business. read more