Tag: Australia

MYOB picks up Paycorp to expand payments power

Accounting software provider MYOB is expanding its payments capabilities with the acquisition of Paycorp for A$48m ($36m).

Prospa raises largest ever Australian FinTech VC round

The Sydney-based company picked up A$25m ($19.18m) in a Series B round led by AirTree Ventures. Entrée Capital and Ironbridge Capital also participated in the round.

Australian accounting firm Practice Ignition pockets $3.75m

Australian accounting platform Practice Ignition has picked up AUD$5m ($3.75m) in a Series A funding round.

FinTech partnerships will create digital-first institutions

Telstra Global Enterprise Services' global banking expert discusses how the company is attempting to "de-risk" FinTech collaboration for established institutions.

Digital X picks up $1.2m and signs deal for blockchain remittances

Australian blockchain-based software developer Digital X has raised AUS$1.62m ($1.2m) in post-IPO equity and inked a new deal with remittances company UniTeller.

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.

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