Tag: Australia

Screen scraping may be on the way out in Europe, but Australian regulators see no reason to ban it just yet.

Australian neo bank Xinja Bank has opened up its Series D round with to “sophisticated” or “wholesale” investors.

Australian personal finance app Cheq has reportedly scored $1.1m in a new funding round as it prepares to launch its services.

FinTech companies in Australasia raised $3.6bn across 241 transactions between 2015 and 2019, with Australian companies capturing 91.1% of the investment on the contenient.

Federal deregulation and increased international competition are all factors that could push US RegTech down from the throne. Or are they?

Online lending platform SocietyOne has netted $15m in a new equity raise as it looks to further its growth.

With valentine’s day just around the corner, people are no doubt going to be using dating and romance apps; however, consumers are warned to be on the lookout for scammers. In Australia, one fifth off all losses involved scams from these services, according to a report from ScamWatch 2019.

Buy now pay later company Marketlend has secured more than $140m via a series of credit facilities from a consortium of investors, including banks, credit funds and other institutional investors.

One of the big four banks in Australia has launched a new accelerator to support FinTech companies with solutions that could be integrated in the bank’s services.

One of the four biggest Australian banks is facing some huge challenges. Not only is Westpac accused of having breached anti-money laundering (AML) and counter-terrorism financing (CTF) regulations, but it is now also dealing with a smattering of lawsuits.