Posts tagged "fintechs"

InDebted has doubled its valuation to $200 million through its latest capital raise, but this wasn't enough to stop it from shedding 17% of its staff.

Share trading startup Superhero and cryptocurrency broker Swyftx have revealed plans to merge, combining 800,000 customers onto one platform. 

Historically, economic crises seem to correlate with the uptake of financial innovations. And so far, COVID-19 is proving no different.

Yes, COVID-19 presents us with unique and perhaps once-in-a-generation challenges, but there's never been a better time to go all-in on fintech.

There are two simple reasons why the government's COVID-19 loans scheme for SMEs has not worked to date, and why it is unlikely to work any better in the future, writes Neil Slonim.

Next year will see fintechs making big changes to the way consumers manage, spend and access money, says Up co-founder Dominic Pym.

The Morrison government will consider whether to outlaw unfair contracts for small businesses next year, over a year after its initial announcement.

In a busy week for government, unfair insurance contracts are on the agenda, alongside measures to restrict cash payments.

The government will not hold a consultation on whether to outlaw unfair contracts until "late-2019", as renewed calls surface to get on with it.

Labor will make unfair contract terms illegal if it wins the next election — its latest move to strengthen its small-business platform.

An ACCC blitz has prompted Visy, Cleanaway and Suez to change their contract terms, over concern several clauses may have been unfair.

Fast-growing small business lender Prospa has agreed to alter its standard loan terms for small businesses, following an ASIC review.