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22 October 2020 • By Sarah Simpkins • 1 min read

Westpac exits Zip following Afterpay deal

Westpac has sold its 10.7 per cent stake in Zip Co, after teaming up with buy now, pay later rival Afterpay.   The big four bank offloaded 55.2 ...

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Aussie fintechs push through pandemic blues

Australia’s fintech industry has continued to grow through COVID-19, but headwinds loom for many fledgling companies. EY’s Fintech Australia Census ...

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When will Afterpay’s founders pass the torch?

While Afterpay is still green behind the ears, co-founder Anthony Eisen is already thinking about how he’ll manage succession at the fintech heavy ...

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Fintechs embrace $2bn R&D spend

The fintech sector has largely welcomed the government’s pivot away from its previous proposed cuts to the R&D tax incentive, but some have warned ...

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Finance sector tipped to top bot automation

The banking and financial services industry has been predicted to be the most likely to embrace robotic process automation during the next five years, ...

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Institutional investors tipped to raise crypto exposure

A new survey has found around 90 per cent of institutional investors believe pension funds, insurers, family offices and sovereign wealth funds will ...

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Global provider expands into Aus trustee services

Global corporate and fund tech solution provider Intertrust Group has broadened its Australian offering to include regulated trustee services, eyeing ...

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Neobank gains AFSL

Australian firm DayTek Capital has signalled it is closer to rolling out its new digital bank on the market, having secured its Australian Financial ...

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Xinja to launch trading platform

The neobank is set to launch a US share trading platform for Australian investors. Subject to regulatory approval, Xinja Bank has plans to offer ...

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HUB24 FUA up by a third

HUB24 recorded a 34 per cent rise in funds under administration during the financial year from the year prior, to $17.2 billion, with record annual ...

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