Category: News-Automation

Financial software company Intiger Group announces that it has agreed to acquire Complii, a Sydney-based regtech solution in an all-scrip deal. Complii has developed a regulatory technology platform that removes the need for paper-based compliance functions for financial planners and stockbrokers. It has also created...

Sydney-headquartered consumer neobank Volt has agreed to partner with Indian infrastructure technology giant TCS to develop and run its Banking-as-a-Service platform. Focused on the digital banking infrastructure of Volt is a next-gen payments technology backbone, it is called Volt 2.0 and is brought to life...

Aussie Big Four bank, Australia and New Zealand Bank is working continuously on modernizing its banking systems. The banking systems transformation in ANZ Bank is going on under its ANZx transformation program and the trial of the system is slated for Q2 of 2021, as...

Digital payments technology provider AsiaPay announces that it will be further expanding its payments platform in Australia and New Zealand through a new partnership with Fat Zebra. Fat Zebra is a global payments technology provider that focuses on building and scaling a payments network where...

According to Big Four consulting firm KPMG, FinTech companies around the world bagged more than $135.7 billion in investment in the year 2019 [1]. In the same year, the global FinTech industry nearly reached $111,240.5 million and by 2023, the industry is expected to touch...

In a Series D funding round, Aussie Challenger Bank Judo has raised $280 million in capital. The capital raise comes 7 months after the bank raised $230 million in Series C funding. After the Series D funding, Judo Bank’s valuation is at $1.6 million, 60%...

In Australia, the year 2020 has been all about buy now, pay later companies going big. This week, yet another BNPL service, Payright Limited got listed on the Australian Securities Exchange and claims to be different from what already is being offered by its competitors...

Australia’s one of the most trusted buy now, pay later service Zip has announced that it will be investing in a UAE-based BNPL startup Spotii. Through this investment deal, Zip will be providing Spotii access to its BNPL expertise, financial support, access to an international...

Australian fintech and energytech Brighte has ended the year with a bang by bagging a huge funding of $100 million. The funding by the energy startup was led by the investment fund of Mike and Annie Cannon-Brookes, Grok Inventures by contributing $78 million in the...

Blaming the pandemic and a difficult capital raising environment, Australian neobank Xinja has decided to exit the banking sector in the country and focus on its share trading platform in the United States. The bank announced on 16th December 2020 that it will be closing...