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27 April 2020 • By Sarah Simpkins • 1 min read

Aus fintechs team up to launch investment platform

Three fintechs have joined forces to develop a wealth platform for the Australian market, with a former Citi banker having signed on as its chief

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Fintechs left behind by stimulus

The government’s one-size-fits-all stimulus packages have done little for Australia’s struggling fintechs. Fintechs are being disproportionately ...

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Libra crypto gets revamp

A global cryptocurrency from one of the world’s largest software companies has undergone sweeping changes after drawing the ire of regulators

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Investment platform records over double trading volume amid crisis

Platform provider Xplore Wealth saw roughly two to three times its normal level of trading in March, as investment managers repositioned their ...

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Aussie fintech closes massive funding round

The fintech will put the funds to work in accelerating worldwide growth, expanding its product offerings, and exploring acquisitions. Payments ...

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Aussie neobank gets huge cash injection

An Australian neobank has pulled off a massive series A round, raising millions to accelerate product development. 86 400 raised $34 million in ...

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APRA decision will ‘stifle innovation’

APRA’s decision to suspend issuing licences could bleed Australia’s fintech industry of money and jobs. On 8 April, APRA warned that it will not ...

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Finance falling behind on cybercrime

Finance is constantly under threat from data breaches and new forms of cybercrime, but many institutions are still failing to take action

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Aussie neobank gets massive cash splash

One of Australia’s underdog neobanks has received hundreds of millions in funding from a global banking industry investor. Xinja received $443 ...

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Major asset manager ditches ETFs

A major asset manager has shuttered its ETFs after they failed to attract investors. UBS Asset Management announced that it will shut down six of ...

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