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18 November 2021 • By Maja Garaca Djurdjevic • 1 min read

Melbourne-based fintech sees valuation swell to US$5.5bn

Airwallex, a Melbourne-based global payments platform fintech, has seen its valuation jump to US$5.5 billion just two months after breaching the US$4 ...

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Chinese crackdown paves way for crypto mining migration

China is no longer the biggest contributor to the global hash rate. Following years of crackdowns by the Chinese government, many of the world’s ...

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Federal government to invest $500m in low emission tech

The Morrison government is seeding a $500 million investment in accelerating the affordability and scalability of low emissions technologies

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Square’s third-quarter profit soars on bitcoin transactions

The US payments platform founded by Twitter’s Jack Dorsey reported a 43 per cent jump in gross profit in the third quarter on the back of a surge in ...

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Aussie fintechs relieved at sensible report, but wary of political realities

Even if it isn’t perfect, the Senate report into Australia’s crypto sector has left industry stakeholders more happy than not. The Senate select ...

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CBA crypto trading expected to lift all boats in local sector

CBA’s entry into the crypto-trading marketplace came faster than local experts expected, but it still leaves room for them to compete

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Pinnacle backs OpenInvest’s 'home-grown' tech platform with $3m

Pinnacle is backing OpenInvest’s new “home-grown" technology platform roll out with $3 million. Pinnacle Investment Management has invested $3 ...

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Senate inquiry proposes laws to turn Australia into leading digital economy

Senator Bragg’s proposed market licensing regime for digital currency exchanges has been met with a welcome reception. The Senate select committee ...

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CBA targets Square with upgraded payment tech

One of Australia’s big banks is giving its payments solution offering a facelift. The Commonwealth Bank of Australia (CBA) is overhauling its ...

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Adviser Innovation Summit 2021 is going digital

One of the most sought-after events on the financial adviser calendar is going online! The Adviser Innovation Summit will be live streamed around ...

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