Tag: Australia

The trials of the coronavirus pandemic and the $910m fine for breaking Australia's money laundering laws have caused a 66% drop in Westpac's profits.

Australian FinTech Parpera has raised $800,000 in crowdfunding campaign held on the platform Equitise.

Airwallex, the Australian real-time payment unicorn, has confirmed that it is raising new investments as $18.2m of its funds remain frozen in Hong Kong due to alleged fraud.

Australia-based Integrity Life has closed its Series B round on $43m, which will support the development of its products.

Personal finance platform WeMoney has reportedly raised $2m in a funding round, which was led by BetterLabs.

Pollinate, which hopes to transform merchant acquiring for small and medium-sized businesses in Australia, has closed its funding round on £70m.

Australia-based payments firm Airwallex has extended its Series D by $40m to bring the round’s total to $200m.

After almost two decades of helping regulators with their data woes, Vizor is now also supporting financial institutions with its new RegTech offerings.

RegTech100 company Cognitive View has launched a new service that provides insights on the Australian Financial Complaints Authority’s historical complaint management data.

Australian banking FinTech Parpera is looking to raise AUD$800,000 ($574,800) on crowdfunding portal Equitise.