Tag: Westpac

Australian RegTech companies are less male dominated than FinTech in general...

Men run the Australian RegTech industry. A whooping 67% of the companies only have male leaders, according to new research from the Australian RegTech Association.

Westpac appoints Promontory to conduct review after its massive money laundering...

Westpac has appointed Promontory to conduct an external accountability and financial crime program review, following the bank’s numerous money laundering accusations.

Westpac’s chairman and CEO to step down amid AML scandal

Australian bank Westpac will see its CEO Brian Hartzer step down next week as the lender is facing money laundering and terrorism financing allegations.

Westpac accused of 23 million anti-money laundering and counter-terrorism breaches

One of Australia’s biggest banks could be facing massive fines after the country’s top financial accused it of breaking the law 23 million times.

Basiq closes Series A to support open banking in Australia

Open banking platform Basiq has closed its Series A round on an undisclosed amount, following investments from NAB Ventures, Salesforce Ventures, and Westpac’s Reinventure.

ZipMoney secures $40m strategic investment

Payment solution provider ZipMoney has completed a $40m strategic investment from Australian bank Westpac.

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.

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.

Reinventure closes second $50m fund for Australian FinTech

Australian venture capital firm Reinventure has reached a close for its second $50m fund to continue investing in Australia and New Zealand-based FinTech startups.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week