VC firm Reinventure Group has closed its third $50 million fund, with Westpac once more backing the firm as it looks to expand its focus to Asia-Pacific.
Westpac has partnered with Melbourne fintech company Assembly Payments to launch Presto, a payments solution for small businesses, to its business customers.
With a day to go until its offer closes, digital-only bank Xinja has raised $2 million through equity crowdfunding platform Equitise.
Three years in the making, Judo Capital is launching into the market today with a focus on building real relationships with its SME customers.
The idea for it digital-only startup bank Pelikin came from founder Sam Brown’s experiences with personal banking in while Australia and overseas.
Open banking will “revolutionise” Australia’s financial services sector by giving consumers the right to share their data to get themselves a better deal, Treasurer Scott Morrison said.
Fintech company Uno Home Loans has announced the raising of $25 million in funding from strategic backer Westpac, and kicked off the search for a new CEO.
Fintech startup Douugh has closed a $2.5 million seed funding round and landed a partnership with US bank, Choice Financial.
National Australia Bank (NAB) has today announced it is set to hire 600 tech specialists across the areas of software engineering, data, architecture, and security.
ANZ has announced the appointment of Ron Spector as its managing director of New Business, Emerging Technology and Ventures.
Westpac is set to launch PayWear, its own wearable offering allowing customers to make tap and go payments on contactless-enabled terminals.
Pivotus Ventures has announced a partnership with CUA which will see CUA customers given access to Pivotus’ new banking platform.
Today we explore innovation within the Australian banking and financial services industry as Gina sits down with Cathy Kovacs from the Westpac Group.
Though much of the conversation around innovation often focuses on startups, a growing number of corporates across a variety of industries are investing in innovation – not out of fear of being disrupted, but in their own bid to challenge the status quo and bring to life new ideas. One such corporate is Singapore-headquartered DBS […]
Sydney-based open banking startup Basiq has secured seed investment from NAB Ventures and Westpac’s VC fund Reinventure Group.