How failure and a near-death experience set neobank Up’s Dom Pym up for success
Dom Pym helped launch Up in 2018, backed by Bendigo Bank. But it may never have happened at all if his previous business hadn't failed.
Australian fintech unicorn Airwallex retains $8.8 billion valuation after new $159 million funding round
Australian fintech Airwallex has secured a new US$100 million ($159.6 million) funding round to power its international growth, but trying market conditions have kept the company from advancing on its $5.5 billion valuation.
Consumer Data Right review calls for ‘screen scraper’ ban, potentially making some fintechs unviable
A highly anticipated report seeks to draw a line under the gaping account security fudge banks have been railing against for years.
Stake launches childcare reimbursements for new parents to help workers return to the office
Companies that offer parental leave packages could disadvantage themselves if they don't also provide childcare subsidies, Stake says.
Sydney fintech Hello Clever bags $4.5 million in seed funding, as it pits ‘buy to earn’ model against BNPL
Hello Clever has completed a $4.5 million seed funding round, driving its plan to lure millennial and gen Z shoppers away from buy now, pay later services while pioneering the use of Australia's new PayTo technology.
Tap to Phone: Live Payments, Visa team up for new tool turning Android devices into POS hubs
On Monday, Live Payments said Tap to Phone will allow Android NFC-enabled smartphones and tablets to become portable POS systems for merchants which don't require a full hardware solution.
Zip-owned personal finance app Pocketbook to close
The personal finance app owned by BNPL stalwart Zip will close next month, 10 years after it was founded with a mission to help Australians better manage their money.
Renewable energy BNPL provider Brighte lays off 15% of staff amid severe market turbulence
Australian fintech Brighte says market volatility influenced its decision to lay off 32 staff members, but bad debts affecting the broader BNPL sector were not a pressing concern.
Startup funding has fallen from Q1 highs with the lack of “mega-deals” to blame
Startup funding hit $452 million in May, Cut Through Venture said, down from the billion-dollar-plus highs of January and February.
Almost 99% of NFTs fail — so is Australia’s future really fungible?
Almost 99% of NFT projects fail in the first few months, Crowd Media Group chief executive Judy Sahay told SmartCompany.
My biggest mistake: Charlie Karaboga, CEO and co-founder of Block Earner
Block Earner co-founder and chief Charlie Karaboga tells SmartCompany Plus why staying in his comfort zone was a big, big mistake.
Sharper lending algorithms and “more affluent” users turning Beforepay to profitability, CEO says
The fortunes of pay-in-advance fintech Beforepay appeared to shift on Thursday, after a new report contrasted losses against rapid customer growth and a significant reduction in debt write-offs.