Despite having only launched in January, last year, Checkbox has already amassed a small fortune of accolades. Notably, the Sydney-based regtech startup was named Regtech of the Year at the Australian FinTech Awards and Best SaaS Startup at StartCon in Sydney. In addition, CEO Evan Wong took out the Westpac Innovation Challenge and StartCon Pitch […]
Better access to international talent. The continued democratisation of tech. More startups with global ambitions. Less innovation ‘tire kicking’ from government. Less tall poppy syndrome. More incentives for investors to back seed-stage ventures. More opportunities for female founders and entrepreneurial university students. These are just some of the things startups would like to see come to […]
The heated Sydney-Melbourne rivalry has played out over many years, with both cities laying claim to having the nation’s best coffee, culture, standards of living… well, the best of just about everything. But how do Australia’s two largest cities – and, more broadly, NSW and Victoria – stack up against one another in terms of […]
The Australian Government’s proposal to make it easier for digital-first challenger banks to compete against industry incumbents is could be improved, according to the peak body for fintech startups. FinTech Australia has lodged a submission with the Australian Prudential Regulation Authority (APRA) in response to its discussion paper, entitled “A phased approach to authorising new entrants to […]
Cross-border payments startup Airwallex has received a US$6 million investment from VC firm Square Peg, bringing its total Series A capital raise to US$19 million The Melbourne-based fintech company previously closed its Series A funding round in May, having raised a combined US$13 million from Mastercard, Sequoia Capital China and the world’s fourth largest internet […]
The passage of anti-money laundering legislation through Parliament on Thursday will facilitate further growth in Australia’s local blockchain and digital currency industry, according to local fintech leaders. The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2017 will extend anti-money laundering and counter-terrorism financing regulation to digital currency exchanges. The legislation requires these exchanges to monitor […]
Millennial-centric fintech lender MoneyMe has hit some impressive milestones in 2017. In addition to reaching $150 million in loans funded, the North Sydney startup received a $120 million capital injection and debuted on the coveted Fintech100 list, placing it amongst the world’s most innovative fintech companies. Despite reaching lofty heights, co-founder and CEO Clayton Howes […]
The rise of fintech has made investing more simple than ever and the housing affordability crisis has led to a lot of people, especially millennials, looking for alternative ways to grow their wealth. People are investing more and the rise of ethical investing shows that they’re becoming increasingly conscious of what they’re actually investing in. […]
There’s something really sexy about the idea of being an entrepreneur. Why else would there be so many TV shows and publications dedicated to the pursuit? But the reality of creating, building, and exiting businesses is often far from expectations. Endlessly inspired creativity sessions, constant deal making, investors throwing cash at your brilliant ideas… These […]
The Australian Securities and Investments Commission (ASIC) and the China Securities Regulatory Commission (CSRC) have entered an agreement to promote innovation in financial services in their respective markets. The Information Sharing Co-operation Agreement provides a framework for information sharing between the CSRC and ASIC on emerging market trends and developments, as well as regulatory developments […]
