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Capital ‘starvation’ hindering regtech adoption

The adoption of regulatory technology has been stymied by a lack of equity injection, according to research.

Money
Mortgage fintech hits $3.7m in capital raise

Mortgage fintech funding.com.au has raised $3.7 million in a Series A funding round, in partnership with local venture capital fund Equity Venture Partners.

Money
Home loan fintech closes $70m capital raise

An Australian mortgage fintech has raised $70 million in a series C capital funding round, taking the lender’s total raise to $115 million.

Athena Home Loans
Australian fintechs see 80% revenue growth

Recent data shows Australian fintechs have grown their revenue by 80 per cent since 2018, and business owners are optimistic about the future of the industry.

EY building
Fintechs merge to help meet changing customer needs

Cloud-based business management software providers FinPal and MiiiA have announced plans to merge their technologies, with FinPal rebranding to Fin365 by the end of the year.

Fintechs merge to help meet changing customer needs
Experian acquires fintech to boost open data offering

Experian A/NZ has acquired an Australian fintech that analyses and categorises bank statements. 

Experian acquires fintech to boost open data offering
Fintech calls for unity to fight big four ‘oligopoly’

The head of online lender loans.com.au has called on fintechs to put aside their differences and focus on their “one shared goal” of competing with the major banks.

Marie Mortimer
ASIC encouraging financial firms to adopt regtech

The corporate regulator has announced three events to promote the adoption of regulatory technology by financial services firms.

ASIC
Fintech could help Aussies become mortgage-ready

A fintech has announced securing a deal with a community-owned bank as it gears up to launch a banking platform that could help aspiring home buyers become mortgage-ready.

Douugh team
Mitigating tech risks a focus for 2019

Mitigating the systemic risks that could emerge from financial innovation will be a key area of focus for Asia-Pacific regulators this year, Deloitte has predicted.

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