Frollo leads Australia into new era of the Consumer Data Right with first access to Open Banking data on launch day
With Open Banking data, Frollo can help consumers identify when they are missing out, paying too much or should switch to a better deal with their bank.
Australian FinTech company profile #87 – Finspo
Finspo helps average Australians save thousands on their banking.
Neobank 86 400 closes Series A capital raise taking total equity capital to $90m
Australia’s first smartbank, 86 400, has closed its Series A capital raise. $34m of new equity was raised in March, bringing its total capital to $90m.
Trading between 130+ cryptocurrencies has never been easier with CoinSpot
CoinSpot has continually been at the forefront of Australian cryptocurrency adoption since the exchange’s inception in 2013.
AI bringing brains to your banking as digital revolution gathers speed
Australia’s new breed of digital banks are introducing artificial intelligence to stop the inertia that costs consumers millions of dollars annually.
BGL releases Simple Fund 360 integration with Australian Money Market
BGL Corporate Solutions, Australia’s leading supplier of SMSF administration and ASIC corporate compliance solutions, is proud to announce that Simple Fund 360 now has an integration with Australian Money Market, a secure online term deposit & cash investment platform. “We’re thrilled to have Australian Money Market as part of BGL’s Ecosystem”, says Ron Lesh, BGL’s Managing Director. “Australian Money Market Pty Ltd (AMM) is an online Term Deposit platform which allows you to compare and choose Term Deposit interest rates from more than 25 Australian financial institutions. AMM streamlines the administration of investing in term deposits online, saving you time and reducing admin costs. With AMM you can see all […]
A home run for home buyers: Tic:Toc launches new low deposit home loans and $1000 cashback
Award-winning fintech company, Tic:Toc, today announced the launch of its low deposit home loans, offering low-cost digital home loans to customers with as little as a 10% deposit. The fintech has simultaneously launched a $1000 cashback offer to all customers who take out a Tic:Toc home loan. Tic:Toc’s new low deposit option, allows customers with a low deposit or less equity in their home, to access the benefits of Tic:Toc’s fully digital home loan assessment and approval platform. By covering the cost of lenders’ mortgage insurance (LMI) – delivered by leading LMI provider and Tic:Toc shareholder, Genworth Financial Mortgage Insurance Pty Ltd – customers with a 10-20% deposit can buy […]
The investment millennials are turning to instead of property
Millennials now make up 29% of all exchange traded fund investors in Australia, compared to 19% five years ago. The number of Australians invested in exchange traded funds (ETFs) continues to rise, with more than 385,000 investors as of October 2018 representing a 20% increase for the year prior. Of these 385,000 Australians invested in ETFs, 29% are millennials which is up from just 19% in 2013. An ETF is an investment product that tracks the performance of an index, for example the ASX200. ETFs are traded on an exchange like regular shares and offer investors instant diversification. “The ETF industry has continued to grow and mature in Australia, and […]
