Tag: FinTech

The Australian fintech sector faced significant challenges in the past year, as both total investment and the number of deals experienced a notable decline.

Here’s how tech-enabled financial services can accelerate growth for Australian SMEs.

Stripe, the platform helping businesses with money stuff, is making big moves in Australia. They’re introducing cool new ways for Aussie businesses to get paid and manage their finances. One super cool thing is ‘Tap to Pay on iPhone,’ where businesses can take payments with just a tap on their iPhones. This is the first […]

Wise introduces new features via the Wise Platform API, including digital debit cards, multi-currency accounts, and global spending in 170+ countries.

Stripe has broadened its RFA suite, which now includes enhanced Stripe Billing, along with Revenue Reporting and reconciliation tools, in order to decrease the amount of mistakes and manual procedures required to complete monthly bookkeeping.

Square’s Tap to Pay on Android lets sellers accept contactless payments directly from their phone, without additional hardware.

According to KPMG’s bi-annual report, Pulse of Fintech H2’22, the volume of Australian fintech investment deals dropped from a historical high of 187 in 2021 to 123 in 2022.  Although a record investment of US$30.2 billion was tracked for the year, a significant amount of US$27.9 billion was attributed to the Afterpay acquisition by Block. […]

A new survey of 545 Australian business owners has revealed that a staggering 91 per cent of them are dissatisfied with their current business bank.

Stripe and Xero have announced their expanded collaboration and integration of Stripe Connect into Xero’s primary offerings. This move will bring greater ease and efficiency to small businesses globally, allowing them to receive payments, typically 14 days soon

The survey also showed that 74 per cent of Australians would leave their present bank in search of more affordable financial services, according to the report.