Australia
Australia’s Thriving Fintech Sector Creates Jobs, Attracts Record Funding
Australia’s fintech industry is thriving, creating thousands of new positions, attracting record investment and turning on revenue streams quickly. These players are now expanding globally, turning to markets including the UK, the US, Singapore, Canada and Indonesia, according to the
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Tradeplus24 Undertakes US$100 Million Debt Facility to Fuel Growth
Tradeplus24 Australia, a small and mid-size enterprise (SME) lending fintech, has restructured US$25 million of its existing debt facilities to underpin the execution of a material debt transaction of over US$100 million and reduce its cost of funding by 4
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Independent Reserve Secures Full Digital Payment Token License From MAS
Australian cryptocurrency exchange Independent Reserve has received a Major Payment Institution License in Singapore from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA) to operate as a regulated provider for Digital Payment Token (DPT) Services. It
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Aussie Insurtech Firm Cover Genius Closes US$50 Million Series C Led by Sompo
Cover Genius, an Australian insurtech firm and embedded insurance specialist, announced that it has secured a strategic investment of US$50 million during a Series C funding round led by Sompo Holdings Asia. The round comprised primary and secondary capital, and
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Australian Fintech Startups Seek Singapore Investors to Help Fund SE Asian Expansion
With more and more Australian fintech companies interested in expanding into Asia, nine Aussie fintech startups will be showcasing their solutions during the Singapore Fintech Festival (SFF)’s Deal Fridays. Deal Fridays, jointly organised by the Monetary Authority of Singapore (MAS)
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Binance Appoints New Australian CEO, Reiterates Regulatory Focus Moving Forward
Crypto exchange platform Binance Australia has announced the appointment of Leigh Travers as its Australian Chief Executive Officer. Travers was formerly the CEO and Director of DigitalX, a digital asset funds management firm listed on the Australian Securities Exchange, where
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Independent Reserve Gets MAS’ First in-Principle Approval for Digital Payment Tokens
Australian cryptocurrency exchange Independent Reserve has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a regulated provider for digital payment token (DPT) services. According to a statement from the Independent Reserve, the firm said that
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Fast-Growing Aussie Insurtechs Choose Singapore as Gateway to Southeast Asia
Singapore’s burgeoning fintech landscape, reliable physical infrastructure and progressive regulations are attracting Australia’s fast-growing high-potential, insurtech startups looking to take on Southeast Asia. Citing the city-state’s strategic location, high digital adoption, vibrant ecosystem of industry stakeholders eager to embrace cutting-edge
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How Will PayPal and Citi Fare in Australia’s Crowded BNPL Space?
Competition is heating up in Australia’s buy now, pay later (BNPL) market as US digital payments giant PayPal and incumbent bank Citi are entering the \vercrowded space. Just last week, PayPal launched its BNPL service to retailers in Australia, a
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GoBear Finds Buyer in Australian Based Financial Marketplace Finder
Finder, a fintech firm company founded in Australia in 2006, has acquired the GoBear brand as it accelerates its global expansion. Live in over countries and servicing more than 10 million consumers globally every month, Finder is a fast growing
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