Search Results for: fintech

Fintech MoneyMe secures $120 million capital facility

Australian consumer lending fintech, MoneyMe, has finalised an AU$120 million asset-backed wholesale securitization facility led by $100 million from global investment manager, Fortress Investment Group, and joined with $20 million of bonds issued by corporate advisory, Evans & Partners. We discussed MoneyMe a few weeks back, as a good example of the innovative new players … Continue reading “Fintech MoneyMe secures $120 million capital facility”

More On The Digital Banking Revolution and Fintech

We had great reactions to our earlier piece on the Digital Banking Revolution, and where Consumers fit in the Fintech Stack, following the release of our latest Quiet Revolution report. Of particular interest was our Banking Digital Innovation Life Cycle analysis, as shown below, and includes a number of enhancements: [Editors Note: Diagram above updated … Continue reading “More On The Digital Banking Revolution and Fintech”

Fintech Spotlight – Tic:Toc:The 22 Minute Home Loan

This time, in our occasional series where we feature Australian Fintechs, we caught up with Anthony Baum, Founder & CEO of Tic:Toc. Whilst there are any number of players in the market who may claim they have an online application process for home loans, the truth is, under the hood, there are still many manual … Continue reading “Fintech Spotlight – Tic:Toc:The 22 Minute Home Loan”

Fintech Spotlight – Lodex:Breaking The Lending Mould

This time, in our occasional series where we feature Australian Fintech’s, we caught up with Co-Founder & Co-CEO of Lodex, Michael Phillipou. Imagine the possibility of checking if the loan you have at the moment is the best available, in all but real-time, with no impact on your credit score. That’s the promise offered by … Continue reading “Fintech Spotlight – Lodex:Breaking The Lending Mould”

Where Do Consumers Fit in the Fintech Stack?

An excellent speech from Federal Reserve Governor Lael Brainard on the opportunities for innovation in customer facing services enabled by the digital revolution and the risks arising – specifically looking at “financial autopilots”. As we have been highlighting, the evolutionary path is changing fast, see, our “Quiet Revolution” report, published just this week.  We track … Continue reading “Where Do Consumers Fit in the Fintech Stack?”

The Investment Web That Is Fintech

From The Bank Underground. Investment in the Financial Technology (FinTech) industry has increased rapidly post crisis and globalisation is apparent with many investors funding companies far from their own physical locations.  From Crunchbase data we gathered all the venture capital investments in FinTech start-up firms from 2010 to 2014 and created network diagrams for each … Continue reading “The Investment Web That Is Fintech”

Prospa first Australian fintech to deliver a half billion dollars of small business loans

Prospa, Australia’s number one online lender for small business, has announced the delivery of more than half a billion dollars into the economy, providing loans to over 12,000 small businesses across the country. Now in its sixth year, Prospa has scaled rapidly, today placing second in the AFR Fast 100 for 2017 thanks a 239 … Continue reading “Prospa first Australian fintech to deliver a half billion dollars of small business loans”

Australian Fintech Environment On The Up

The EY FinTech Australian Census 2017 has been released. Around 600 Fintechs are operating in Australia, the number has grown quite fast. More are generating revenue, and some are profitable. Australia is ranked 5th on their global analysis. EY was commissioned by FinTech Australia to conduct a census of fintechs in Australia over the last … Continue reading “Australian Fintech Environment On The Up”

Fintech startup, Trade Ledger, launches world-first tech to help banks fight off global tech giants

Fintech Trade Ledger, claimed as the world’s first open digital banking platform has been launched, offering a complete platform-as-a-service for business lenders. The platform, they say, will help banks assess business lending risk in real time and will so address the US$1.7 trillion global under-supply in trade finance lending, thus providing high-growth companies with much-needed … Continue reading “Fintech startup, Trade Ledger, launches world-first tech to help banks fight off global tech giants”

Fintech Disruption Index Moves Higher

The latest edition of the Disruption Index has just been released, and it is 41.57, up from 38.29 last quarter. This is good news for Fintechs in that the SME community is adopting digital faster than ever. The Financial Services Disruption Index, which has been jointly developed by Moula, the lender to the small business … Continue reading “Fintech Disruption Index Moves Higher”