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FinTech to do more good than harm to Australia’s finance sector
Traditional financial services providers in Australia are not too worried about FinTech disruption, the country's first ever sector survey shows.
LoanDolphin valued at $5m following seed financing round
Australian FinTech startup LoanDolphin has been valued at $5m after it completed its seed financing from two key investors.
Ontario and Australian regulators announce FinTech agreement
Ontario and Australian securities regulators have signed an agreement to help innovative FinTech companies to enter the others’ market.
SocietyOne ropes in Beyond Bank for $1.5m investment
Australian peer-to-peer lending platform SocietyOne is partnering with Beyond Bank Australia.
Westpac pumps $16.5m into three-month old mortgage startup
Australian bank Westpac is continuing to plough money into the region’s FinTech companies and investing $16.5m in online mortgage startup uno.
FinTech accelerator H2 Ventures looks for $41m in IPO
H2 Ventures, an Australian FinTech accelerator, has filed a prospectus for its new venture H2Ocean to IPO on the Australian stock exchange.
WestPac leverages DataRepublic for exchange platform
Australian bank Westpac is making use of its investment in DataRepublic, with the launch of a new service allowing corporate clients to store and exchange anonymised customer data.
Ignition Wealth raises $762,000 from financial planning veteran
Robo-advisor Ignition wealth has raised Aus$1m ($762,000) in its first round of venture funding from financial planning expert Barry Lambert.
Open Agent pockets $12m for estate agent platform
Open Agent, a Sydney-based PropTech startup connecting sellers to estate agents, has raised $12m in a new funding round.
Bigstone swipes $3m to connect small businesses and investors
Australian small business-lending marketplace Bigstone has raised $3m in funding. The capital comes from private equity firm CVC.