AltFi.com uses cookies on this website. They help us to know a little bit about how you use our website, which improves the browsing experience and marketing - both for you and for others. They are stored locally on your device. By continuing to use this site you accept this use of cookies. Go to the Privacy and Cookies page for more information. You'll see this message only once.
Not signed in. Log in here.

Your daily download of all things alternative finance and fintech, from us at AltFi


 


David Tuckwell


David Tuckwell is the Australasia correspondent for AltFi. He has worked in the financial services industry in London, working mostly in the exchange traded funds space. He is currently undertaking a Ph.D. in international relations at The Australian National University.

Click here to see our other contributors.


Articles by David Tuckwell

Indonesian fintech delegation visits Australia

6th December 2017

Australia receives Indonesian fintech delegation   Aussie fintech has welcomed an Indonesian delegation – including 16 fintechs and Indonesian regulators – which has arrived in Australia ...

Merchant capital advances come to Australian fintech

5th December 2017

Merchant capital specialists Beyond Inc are set to offer a different kind of business lending.    Small business lending in Australia was always due a shakeup. The powerful big four banks ...

MoneyMe raises A$120m for debt securitisation facility

30th November 2017

MoneyMe raises A$100m securitisation facility from Fortress Investment Group.    Aussie fintech consumer lender MoneyMe has raised A$100 million in debt capital from New York-based investment ...

Aussie fintech lender TruePillars launches automated reinvestment platform

30th November 2017

TruePillars is launching an automated reinvestment platform for its investors.    Aussie peer-to-peer lender TruePillars is rolling out a first-of-a-kind platform feature that will allow ...

German robo-advisors more conservative than their American peers

23rd November 2017

European and North American robo-advisors are different, it turns out.   American robo-advisors use riskier investment strategies than their German counterparts and are reaping the consequences, ...

Fintech is Australia's top startup space

23rd November 2017

Fintech is Australia's most popular startup sector, a new survey has found.    Fintech has strengthened its position as Australia’s most popular startup sector among company ...

Aussie gov't awards $8m for blockchain development in Perth

19th November 2017

Australian government will provide funding for Perth to upgrade its energy system with blockchain.    Aussie blockchain trading platform Power Ledger is among the companies about ...

Canada's biggest company, RBC, is rolling out a robo-advisor

16th November 2017

RBC will soon roll-out a robo-advisor, after a beta test on its own employees.    Canada’s largest company the Royal Bank of Canada is launching a robo-advisor using its own ETFs.   According ...

Westpac buys stake in property fintech BrickX

15th November 2017

Westpac's venture capital arm Reinventure has invested in BrickX, a fintech that lets investors buy fractions of a house.    Aussie banking major Westpac is buying a stake in BrickX, ...

RateSetter Australia gets a credit ratings upgrade

13th November 2017

RateSetter Australia has been given a favourable rating by an independent agency, in a sign that trust in fintech is growing.   RateSetter Australia’s lending platform has been ...

Credible trying to IPO on the Australian Stock Exchange

13th November 2017

San Francisco-based student loans fintech Credible is trying to list its stock on the Australian Stock Exchange as part of an A$300m valuation, a new report on the Australian Financial Review has said.   Stephen ...

Where are the women in fintech?

3rd November 2017

Women make up less than one-quarter of Australia’s fintech industry.   Fintech is a diverse place, full of different and interesting ideas and businesses. But there is one area ...

Australian fintechs see 200% revenue growth: EY

2nd November 2017

Australian fintech revenue jumped 200% this year but fintech companies are still burning $110,000 a month – a new industry census by consultancy EY has found.   Australian fintechs are ...

Australia's fintech industry applauds Scott Morrison

2nd November 2017

Australian fintech companies have applauded the Treasurer's announcement that he will force the major banks to share their customers' data.    The Australian government's announcement ...

NAB to axe 6,000 staff, blames finance technology

2nd November 2017

NAB is structuring itself more as a fintech.    Australia’s fifth largest company National Australia Bank will axe 6,000 staff, as part of a new strategy to use technology more and ...

No plans to allow Aussies to pay taxes with bitcoin: Scott Morrison

2nd November 2017

Treasurer Scott Morrison said there were no plans to allow Australians to pay their taxes with bitcoin.   There are no plans to allow Australians to pay their taxes with bitcoin or any other ...

Australia to force banks to share their credit data

1st November 2017

Australia will mandate comprehensive credit reporting.    The Australian government will force major banks to share their millions of customers credit data in an effort to make loans more ...

Australian fintechs to get access to the UK's sandbox

1st November 2017

Australian fintechs will have access to the UK’s sandbox.   Australian fintech companies looking to expand into Europe will now have access to the UK’s fintech sandbox, which provides ...

SocietyOne lays down the gauntlet to Australia's banking giants

30th October 2017

Australia's largest fintech lender has said it will share its customers' credit data, and has challenged big banks to do the same.    Aussie fintech lender SocietyOne has signalled ...

Scalable Capital gets BlackRock's UK staff on board

26th October 2017

Scalable Capital agrees deal with BlackRock   Germany’s largest robo-advisor Scalable Capital has added BlackRock’s UK-based staff to its list of clients, having agreed a partnership ...

GetCapital taps former Pepper Group boss for board seat

23rd October 2017

GetCapital appoints former Pepper Group boss to its board.     Sydney-based online SME lender GetCapital has tapped former Pepper Group CEO Patrick Tuttle to take a seat on its board.   Mr ...

Robo-advisors funding declined 50% in Q3

23rd October 2017

Venture capital funding for robo-advisors fell in the quarter ending September, a new survey found.     Venture capital funding for fintech dropped more than 25 percent across the globe ...

New Zealand to allow robo-advice, at long last

20th October 2017

New Zealand will allow robo-advisors to operate, thanks to exemptions from its corporate cop.    Robo-advisors will be allowed to open shop in New Zealand, following a decision by the Kiwi ...

Fintechs will force banks to embrace open banking: Accenture

19th October 2017

Everyone believes that open banking will come in – even big banks.   Competition from fintechs and tech giants will force big banks to embrace open banking.   A new survey by ...

FinTech Australia welcomes new ASIC chair

19th October 2017

New ASIC boss welcomed by fintech lobby.    The Australian federal government has tapped former Goldman Sachs banker James Shipton to head up the corporate regulator ASIC.   Mr ...

Chinese fintech company Pintec extends its robo-advisor’s reach

18th October 2017

Pintec will become the first Chinese robo-advisor to extend its reach into South Asia.    All eyes are on China as its most important political event, the Communist Party Congress, which ...

"Fat Cats" and banks are eating Aussies' superannuation: Stockspot

13th October 2017

Aussie robo-advisor has called out “fat cat” superannuation funds for charging unjustifiable fees.   Australian men are more likely to leave their wives than their superannuation ...

Aussie fintech lender SocietyOne breaks its own record

10th October 2017

SocietyOne breaks its own lending record.    Australian fintech lender SocietyOne has hit a new lending record, having written more loans by October in 2017 than it did in all of 2016.   Total ...

Charles Schwab boss lays out battle plan to crush robo-advice

5th October 2017

Robo and ETF cost-cutter Charles Schwab will use barriers to entry to see off startups.   Business schools teach companies to create barriers to entry to protect themselves from disrupters. ...

Why Jeremy Corbyn could be great for fintech

4th October 2017

Fintech companies should keep an open mind about Corbyn. He might not be the dinosaur he appears.   No-one in financial services wants to defend Jeremy Corbyn.   Among investors and ...

Proactive regulation makes New Zealand a fintech champion

28th September 2017

Fintech lending is growing rapidly throughout the Asia Pacific but in some countries faster than others.     New Zealand has been singled out as Asia Pacific’s fintech champion, with ...

In helping the old, robo-advice no substitute for humans: State Street

26th September 2017

Robo-advice is no substitute for a human advice in helping the elderly, State Street says.   Two-thirds of those aged 60 or older go into some kind of cognitive decline. Yet only 39 percent ...

RateSetter thanks millennials as it hits A$150ml loans

22nd September 2017

RateSetter Australia salutes the banks and thanks millennials as it hits A$150 million in loans written   Conventional wisdom blames millennials for cryptocurrencies, ESG funds and much of P2P ...

China accounts for 99% of Asia Pacific's fintech market

21st September 2017

China accounts for 99 percent of Asia Pacific’s fintech market, new research finds.   China is the largest global fintech country by far and accounts for a staggering 99 percent of the ...

It’s “do or die time” for robo-advisors

21st September 2017

The clock is about to strike midnight for robo-advice startups, as giant ETF issuers launch competitor platforms.   Small and independent robo-advisors are about to be eaten, as major American ...

ETF titans will eat robo-advice

18th September 2017

A weekly summary of robo-advice news from around the web.   Much has been made of Fidelity, Charles Schwab and Vanguard’s entry into robo-advice. Many fear that these three ETF providers, ...

Meet OurMoneyMarket, Sydney's new marketplace lender

15th September 2017

New Aussie fintech lender doesn't want the banks eating all the cheese.    Australian online money lending – what’s called marketplace lending – hardly lacks for members. ...

Forget Brexit, London is still fintech king

13th September 2017

London is still the most influential and important fintech centre, a new survey has found.    Fears that Brexit would ruin London’s reputation as world fintech capital have been given ...

Why target millennials when retirees have all the money?

13th September 2017

New Morningstar and Omidyar-backed robo-advisor United Income targets the old.    Robo-advisors have often been strung by a problem. They want to target young people who are most trusting ...

Groundfloor swells its lending capital by $100 million

12th September 2017

Real estate crowdfunder Groundfloor has agreed to a $100 million facility with Direct Access Capital.     Real estate peer-to-peer lender Groundfloor has shaken hands with Texas-based ...

North Korea, bank partnerships and welfies

11th September 2017

A weekly summary of robo-advice news from around the world.   North Korea has investors worried and passive investors, including robo-advisors, are no exception. As Donald Trump buffs his chest, ...

Atom Bank boss invests in Aussie invoice financer

7th September 2017

Timelio gets another investor as it crosses A$100 million in invoices funded   Melbourne-based invoice financer Timelio has received investment from British entrepreneur Anthony Thomson, ...

Spotcap launches Australian fintech scholarship

7th September 2017

Spotcap has announced a $10,000 scholarship to support fintech talent and promote career opportunities   Sydney online lender Spotcap has launched a fintech scholarship in Australia, awarding ...

This robo-advisor will take a selfie of your wealth, “a welfie”

6th September 2017

New personal wealth robo-advisor gives its users a ‘welfie’ – a selfie of their personal finances.    New Aussie personal financial advice startup has raised A$1.2 million ...

Singaporean robo-advisor Bambu bags three tigers

4th September 2017

Bambu gets backing from top asset house, top venture capitalists and a top private investor.    Singaporean robo-advice software firm Bambu has completed a funding round, led by three titans ...

The name is the aim of the game: Dvdendo to Bambu

4th September 2017

A weekly summary of robo-advice news from around the world.   As more robo-advisors enter the fray, more use names as a marketing device. This week we’ve seen four robo-advisors come ...

Blockchain: everything you wanted to know, but were too afraid to ask

31st August 2017

As with any new technology, blockchain can leave people mystified. So AltFi caught up with John Pellew, one of Australia's top blockchain experts and CEO of Othera, to figure out exactly what's ...

Feminist robo-advisor wants to make women rich

30th August 2017

There is no such thing as a men's-only robo-adviser. But that’s part of the problem says Ellevest, the feminist robo-advisor.   Most robo-advisors don’t talk about gender. They ...

Banks embrace fintech’s customer-centric message: Avoka

29th August 2017

Avoka has seen demand for its services skyrocket, suggesting banks are embracing fintech’s core message.   In a sign that banks are embracing fintech, or at least its customer-centric ...

Ignition Wealth appoints new investment committee chair

29th August 2017

A new top appointment for Aussie robo-advisor.    Aussie robo-advisor Ignition Wealth has appointed Simon Conroy as chairman of its investment committee.   Mr Conroy is a former ...

RateSetter has accredited 2,000 brokers with its platform

29th August 2017

RateSetter Australia has vastly expanded its brokerage channels.    RateSetter Australia has hit a new milestone, with 2,000 brokers now accredited on its platform. The growing accreditation ...

Which robo-advisor is the best?

28th August 2017

A weekly roundup of robo-advice news from across the web. ​ Lawrence Wintermeyer, CEO of the robo-advisor lobby Innovate Finance, has exited after two and half years at its helm. He leaves ...

Make friends with fintech: Bankers lobby

23rd August 2017

In a new era of peace fintechs and bankers should be friends, claims the bankers' lobby house journal.   The time where fintechs and bankers waged war is over and a new era of peace, where ...

Facebook not fintech is the threat banks should fear

23rd August 2017

Tech giants have the most potential to disrupt finance, a new World Economic Forum report claims.   Fintech has raised everyone’s hopes of competition in finance, but it will be tech giants ...

Australian fintech launches industry census

23rd August 2017

The industry census will help understand Australian fintech and help guide policy.    Australian fintech has launched an expanded industry census, which will seek to unpack key issues like ...

Robo-advice to the future, Invesco, Betterment leading the herd

21st August 2017

A weekly roundup of robo-advice news from around the web.    Sick of the ‘what jobs will robo-advice kill?’ question raising its head, Robo Advice News asked some experts ...

BFS Capital gets a new CEO

18th August 2017

BFS Capital's COO Michael Marrache is promoted to CEO.    Fintech lender BFS Capital has appointed Michael Marrache as its new CEO. Marrache, president of the company since September ...

Who's afraid of robots stealing jobs?

17th August 2017

Contrary to headlines and periodicals from businesses, there is no consensus on what AI is, let alone the number of jobs it will steal.    Robo-advice has long been touted as a death knell ...

Credible hires a new chief marketing officer

17th August 2017

It is the second big hire for the student loan fintech.    Student loan fintech Credible has hired Alan Gellman as its first chief marketing officer, in a sign that the company is willing ...

Aura gives Banjo a $20m facility to expand loan book

16th August 2017

Banjo will be able to expand its loan book up to A$100 million, thanks to a deal with Aura High Yield SME Fund.    Aura High Yield SME Fund has inked in a deal with fintech lender Banjo ...

TruePillars completes series A funding round

16th August 2017

Fintech lender TruePillars has bagged A$5 million in a series A round, led by an unnamed Melbourne investor.    Aussie marketplace lender TruePillars has successfully completed an A$5 million ...

The Australian government wants to phase in open banking

10th August 2017

The Australian government would like to phase in open banking.    Open banking has taken another turn with the Australian government releasing a new issues paper on Thursday, in which it ...

New Zealand en route to legalising robo-advice

10th August 2017

Some good news for Kiwi robo-advisors.   The road to legalising robo-advice in New Zealand has been long. But there’s finally some good news for would-be Kiwi robo-advisors: progress.   According ...

Cronies, FCA paper pile and Moneyfarm

7th August 2017

A weekly wrap of robo-advice news from around the world.   Big news this week was the Bloomberg piece claiming big banks are rolling out robo-advisors to entrench cronyism rather than ...

The young and rich offer hope for robo-advice: CSIRO

7th August 2017

For robo-advisors in Australia, the hard work still lies ahead. But the younger and richer offer a way forward.   Robo advisors have a long way to go to win over the Australian public’s ...

PeerIQ gets major funding from Macquarie - and others

3rd August 2017

Data company PeerIQ completes a huge series A.    Credit data provider PeerIQ has closed a $12 million series A funding round, co-led by Macquarie Group and former Morgan Stanley CEO John ...

Robo-advisors’ conflicts of interest in the spotlight

2nd August 2017

Robo-advice can be corrupt, just like personal advice.    Financial advisors and banks are meant to provide fair and balanced investment advice to clients who then pay them for the service. ...

Harmoney's loss is really a gain

2nd August 2017

New Zealand's biggest P2P lender is losing less money as its fundamentals get better and better.    New Zealand peer-to-peer lender Harmoney’s revenue climbed 63 percent this ...

Aussie fintech booming finds KMPG

1st August 2017

KPMG report finds Aussie fintech has grown and Sydney threatens Singapore.    Australian fintech has grown tremendously and Sydney could vie with Singapore for Asian fintech dominance, ...

Brexit, robo-advice growth strategies, and China

31st July 2017

A weekly wrap of robo-advice news from around the world.   No-one knows what Brexit will mean for robo-advisors. While some foreign robo-advisors say it will stop them coming to the UK., ...

OnDeck Australia moves into LinkedIn’s old office

28th July 2017

OnDeck Australia has opened a new office.    OnDeck Australia have ramped up their commercial real estate, moving into a significantly larger office in Sydney – LinkedIn’s old ...

Fintechs rush in where bankers fear to tread: Federal Reserve

28th July 2017

Fintechs give loans to those left behind by traditional lenders, new research from the Federal Reserve's Philadelphia district has found.    Fintech lenders flatter themselves as champions ...

Aussie rugby legend Stirling Mortlock joins Stockspot

27th July 2017

Former Wallabies captain Stirling Mortlock has joined forces with a robo-advice start-up.    Aussie robo-advisor Stockspot has hired former Australian rugby captain Stirling Mortlock as ...

Vanishing cash economy a threat and opportunity for fintech

27th July 2017

Many Australians are waving goodbye to cash, which is both good and bad for Australian fintech.   Debit and credit cards have overtaken cash as Australians’ preferred method of payment ...

Australia and Abu Dhabi will cooperate on fintech

27th July 2017

Australia’s corporate cop ASIC has proved itself a prolific deal-maker, inking in its seventh deal with a foreign government.   The Australian financial services regulator has inked in ...

Aussie fintechs receive few complaints

27th July 2017

Fintech is popular in Australia, but it often confuses SMEs.    Australian customers are happy with fintech, with fewer than 10 complaints being sent to the small business ombudsman since ...

Investment in fintech surges to new highs: CB Insights

26th July 2017

Venture capital investment in fintech has surged to a new high and more unicorns have emerged.   Global investment in fintech is on track to reach all-time highs thanks to a flood of money from ...

Blockchain advocacy group launches in Melbourne

26th July 2017

Blockchain Association of Australia launches, hoping to make blockchain "second nature" in financial services.    Australian blockchain companies have a new advocacy group, ...

Banking expert makes a bonfire of fintechs’ vanities

25th July 2017

Banking expert Martin Walker has written a guide to help clear through the fintech mud.    Like any nascent industry, fintech has its sceptics. It is a vacuous buzzword; the companies are ...

Brexit discourages robo-advisors from entering the UK

25th July 2017

Australian robo-advice provider Ignition Wealth has chosen to expand into Ireland not the UK in part because of Brexit.     Robo-advice provider Ignition Wealth is set to become one of ...

Melbourne's fintech footprint grows with Stone & Chalk

24th July 2017

The fintech workplace provider is coming to Melbourne.    Fintech co-working space provider Stone & Chalk will open shop in Melbourne in August, with the help of deep-pocketed corporate ...

Betterment gets better, with $800 million valuation

24th July 2017

A weekly roundup of robo-advice news, from around the world.    Betterment has been valued at $800 million, showing that ‘pure robo advisors’ (and startups) can make it ...

OnDeck Australia builds out brokerage channels

24th July 2017

OnDeck Australia looks to bolster broker channels in major states.   OnDeck Australia has made two key hires in Victoria and Queensland to help grow out its broker channels in two of Australia’s ...

Are Aussie banks trying to undermine a credit data regime?

21st July 2017

Fintechs are the only lenders in Australia that are sharing their borrowers’ credit data.   According to the lenders group the Australian Retail Credit Association almost all loan repayment ...

Othera wins pilots with EY and ABN AMRO

21st July 2017

Finding Aussie banks closed-minded on blockchain, Othera has bagged wins overseas.    Australian blockchain start-up Othera has been awarded two international business pilots, one with ...

Fintechs expect the government to bail them out: NBER

20th July 2017

Fintech is winning because of regulatory arbitrage and fintechs are dependent on US government bailouts to sustain their lending, a shocking new study has found.    Bankers have long complained ...

Russian tycoon pledges $150 million fintech splurge

20th July 2017

Oleg Boyko has said he will invest US$150 million in fintech.    Russian billionaire Oleg Boyko has pledged a US$150 million spending splurge on fintech through his Moscow-based private ...

More government money for Aussie fintech

17th July 2017

Who said governments can’t pick winners?   Australian federal and state governments have showered fintech with largesse in recent years, offering tax breaks, cheap financial services licenses, ...

JP Morgan almost bought SigFig in 2015

17th July 2017

A weekly wrap of robo-advice news from around the world.    Jamie Dimon thought of SigFig   JP Morgan Chase is in the middle of rolling out a robo-advisor. But before it ...

Fintech lender Elevate eyes millennials pain

13th July 2017

As if millennials needed another reason to feel sorry for themselves.   A deep financial divide is emerging among millennials – and the divide has everything to do with class, a new survey ...

Singapore and Thailand ink in fintech deal

12th July 2017

Thanks to a new memorandum of understanding, Thailand and Singapore will cooperate on fintech.    Singapore has shaken Thailand’s hand on a new fintech deal, locking their central ...

Banks and fintechs should be friends, claims CFA study

11th July 2017

Bankers should not fear the fintech reaper as banks are fintechs themselves, CFA claims.   Banks and fintechs are not competitors and banks avoid peer-to-peer lending because it is insufficiently ...

Robo-advice will fail in China

11th July 2017

Fintech will succeed in China but not robo-advice, claims a new CFA Institute study.    Fintech has hit Chinese finance like a clap of thunder and promises great change and disruption.   But ...

NAB's UBank to teach spendthrift Aussies discipline

11th July 2017

Everyone prefers spending money to saving it, but Australians are particularly bad.   Australians lack the self-discipline to save money and are happy to pile up debt in order to buy lifestyle ...

Goldman Sachs eyes robo

10th July 2017

Robo-advice news wrap: news from around the world, summarised weekly.   Will Goldman Sachs join robo?   Goldman Sachs wants to make an app to support its ...

Melbourne invoice funder Timelio hits nine digits

10th July 2017

Timelio hits the big time, having completed A$100 million in invoices funded.   Melbourne-based peer-to-peer lender Timelio has hit the nine-digit mark, having successfully funded A$100 ...

SocietyOne hits A$300 million loans written

10th July 2017

SocietyOne Australia has hit A$300 million in loans written, a new milestone for the five-year-old company.   Fintech lender SocietyOne has hit a new corporate milestone, having written a total ...

Capitalism can save the planet - Goodments

7th July 2017

Meet Goodments, the robo-advisor trying to bring environmentalism to capitalism -- or is it the other way around?   For most environmentalists, corporations and the capitalism they ride in on ...

How much do robo-advisors charge?

7th July 2017

How much 'robo-advisors' charge depends on definition and portfolio size.    Robo-advisors pride themselves as liberators “democratising finance”. As foils to greedy ...

United Arab Emirates and China to cooperate on fintech

6th July 2017

China's Qianhai district and the UAE's financial free zone have made a fintech partnership.   There’s an old joke about the United Arab Emirates that says every time they drill ...

Robo-advice News Wrap: Standard Life helps the FCA

5th July 2017

Robo-advice news from around the world, summarised daily.   Edinburgh-based investment company Standard Life has turned its national robo-advice arm over to the Financial Conduct Authority, ...

Robo-advice News Wrap: average robo-advice user is 44 years old

4th July 2017

Robo-advice news from around the world, summarised daily.   How old is the average robo-advice user? Around 44 years old it turns out. “There’s a perception that because it’s ...

MoneyMe lashes out at Australia's corporate tax rate

4th July 2017

Australian fintech MoneyMe has hit out at the corporate tax rate and suggested opportunities may be better in Asia.    Payday lending fintech MoneyMe has launched an attack on the Australian ...

This fintech will put your kids through School

3rd July 2017

Aussie fintech Edstart provides money for parents looking to get their kids through the increasingly expensive private school system.    “There’s something about the Australian ...

Robo-advice News Wrap: consolidation will kill most robo-advisors, says Betterment's CEO

3rd July 2017

Robo-advice news from around the world, summarised daily.   Market consolidation will mean that only a few robo-advisors will survive long term. This is the view of Morgan Stanley’s equity ...

Tributes flow for fintech lion Ron Suber

30th June 2017

Ron Suber steps down from Prosper, prompting tributes from the industry.   Fintech industry lion Ron Suber has stepped down as president of Prosper, moving on to opportunities elsewhere.   Mr ...

Robo-advice News Wrap: Islamic robo on its way

30th June 2017

Robo-advice news from around the world, summarised daily   A Shariah-compliant robo-advisor named Algebra is about to set sail in Malaysia. It will target not just rich Malaysians, but ...

SoFi reignites the politics of avocado and house prices

30th June 2017

Making a political point, US fintech SoFi offers homebuyers a month's supply of avocado on toast.   Money lenders like giving homebuyers gifts. A hamper, champagne and movie tickets ...

Robo-advice News Wrap: video made the robo-advice star

29th June 2017

Robo-advice news from around the world, summarised daily.   Video has come to robo-advice on the back of TD Ameritrade, marking a new frontier in an upstart industry. TD, the third ...

CB Insights publishes fintech list

29th June 2017

These are the top 250 fintech companies in the world, according to CB Insights.   Research firm CB Insights published its Fintech 250 list on Wednesday, detailing the companies it regards as ...

Robo-advice News Wrap: Wealthify bags Welsh awards

28th June 2017

Robo-advice news from around the world, summarised daily.   If you’re a time-poor 30-year-old professional should you invest in robo-advice? There are pros: it is cheaper and faster. But ...

Australian Treasurer praises fintech sector

28th June 2017

Australia's high placing on EY's index draws praise from Treasurer. And how meaningful is the China comparison?   Aussie Treasurer Scott Morrison has congratulated Australian fintech for ...

Aussie crowdfunding regulation gets an overdue watering down

28th June 2017

Aussie financial services regulator ASIC has rejigged crowdfunding regulation, allowing poorer investors to participate.    Aussie corporate watchdog ASIC has made it easier for start-ups ...

Robo-advice News Wrap: Financial advisors are scared – Intelliflo

27th June 2017

Robo-advice news from around the world, summarised daily.   Financial advisors are scared of robo-advice and equally scared of large product providers going directly to customers, a poll taken ...

Ernst and Young: fintech cannot be stopped

26th June 2017

China is the best fintech adopter and fintech won't be stopped, claims Ernst and Young.    Fintech adoption is growing apace, with one in three digitally active consumers using financial ...

Robo-advice News Wrap: People will defeat robots - Gundlach

26th June 2017

Robo-advice news from around the world, summarised daily.   Billionaire bond fund manager Jeffrey Gundlach has risen to the defence of human wealth advisors in an interview with Bloomberg. ...

Harmoney hits NZ$500 million in originations

26th June 2017

New Zealand fintech Harmoney has hit a massive NZ$500 million in loans written.   Kiwi marketplace lender Harmoney has hit NZ$500 million in loans originated, the largest milestone achieved ...

Australia inks in fintech partnership with Japan

26th June 2017

Japan is often thought to be a fintech laggard. But the new partnership with Australia shows that Japanese fintech is gaining speed.    Australia and Japan’s corporate regulators ...

Itochu partners with Sinar Mas on Indonesian fintech

26th June 2017

A Japanese giant, Itochu, has partnered with an Indonesian giant, Sinar Mas, to take on Indonesian payments.    Itochu, Japan’s second-largest trading company, has bought a US$50 ...

Robo-advice News Wrap: QANTAS, WealthSimple, millenials

23rd June 2017

Robo-advice news from around the world, summarised daily.   Canadian robo-advisor WealthSimple is set to launch a UK platform in September. This is the second expansion for the company, which ...

Robo-advice News Wrap: Counterrevolution, unusual New Zealand, cynical Aussie accounts

22nd June 2017

Robo-advice news from around the world, summarised daily.   Robo-advice is entirely undisruptive and will reinforce powerful wealth managers not undermine them, a new report from Silicon Valley ...

Australia’s fintech industry mapped out

22nd June 2017

Ever wanted a closer look at what Australia’s fintech scene looks like?   A “map” detailing what kind of fintech companies exist in Australia has been released, as part of ...

Robo-advice and payments are counterrevolutionary, but not fintech lending

22nd June 2017

Silicon Valley think tank comes down hard on robo-advice and payments. But claims the effect of fintech lenders could be profound.   Robo-advice is the least revolutionary arm of fintech, ...

New Zealand may allow robo-advice, but will it matter?

22nd June 2017

There is no such thing as robo-advice in New Zealand, but that might be about to change.   New Zealand's corporate regulator has indicated that it may fast-track the slow process of legalising ...

Global Credit Investments gives OnDeck Australia A$22.5m financing

21st June 2017

Spying the favourable risk/return profiles on OnDeck's business loans, Global Credit Investments pitches in with refinancing.   Asset manager Global Credit Investments has hit up its ...

Robo-advice News Wrap: BlackRock joins the robo wave

21st June 2017

Robo-advice news from around the world, summarised daily.   BlackRock has taken a €30m minority stake in European robo-adviser Scalable Capital as the world’s largest asset ...

Ant Financial grows out its AI

20th June 2017

Despite an AI focus and high valuation, it is unclear if Ant Financial will enter developed economies.    Insurance claims in China will soon be processed by AI, meaning car crash victims ...

Capgemini report finds fintechs beat banks on customer satisfaction

20th June 2017

Fintechs should work with banks, and APIs will sort the winners from the losers as the world moves towards open banking.    Fintechs beat banks on customer satisfaction and as APIs grow ...

Robo-advice News Wrap: APIs ride in on robo’s back

20th June 2017

APIs and Robo grow together in financial institutions, but face trust issues. Robo is being sized up in South Africa?   As American and European financial institutions have rolled out robo-advisors ...

Huffle's embattled CEO warns fintech lenders could die off

19th June 2017

Huffle's CEO warns fintech lending could die off if partners cannot be found.    Huffle chief executive Damian Horton has warned that his company may close if it cannot find a banking ...

Australia hosts fintech festival, looking to Asia

19th June 2017

New fintech festival shows the Victorian government taking a lead role on fintech.    Industry lobby FinTech Australia has announced that it will host Australia’s first national ...

Robo-advice News Wrap: FCA chief confirms retirement

19th June 2017

Robo-advice news from around the world, summarised daily.   FCA chairman John Griffith-Jones has confirmed he will retire at the end of next year, ending his five-year term.   Mr ...

The ABC misleads on China and fintech

19th June 2017

The public broadcaster provides misleading coverage of fintech and China.    Fintech is obscure and off the radar of the Australian public and mainstream press.    So it ...

Robo-advice News Wrap: What do rich families want?

16th June 2017

Robo-advice news from around the world, summarised daily.   Rich families whose assets form the heart of wealth management are on the fence with robo-advice. Some, especially the young, want ...

Robo-advice News Wrap: Barclays launches robo competitor

15th June 2017

Robo-advice news from around the world, summarised daily.   Barclays has launched new funds designed to compete with robo-advisers.   The bank’s “Ready ...

Robo-advice News Wrap: Top European NGO backs robo-advice

14th June 2017

Robo-advice news from around the world, summarised daily.   Robo-advice might be the saving grace for European investors who are getting a raw deal from traditional financial advisers, Brussels-based ...

Tyro's board nudges CEO Gerd Schenkel into resignation

14th June 2017

Gerd Schenkel has resigned as CEO of Tyro after a power play from the company’s board.   Sydney’s tightly knit fintech village was left in shock Tuesday when Gerd Schenkel resigned ...

ZipMoney eyes profitability, partners with NAB

14th June 2017

By partnering with a big bank, ZipMoney eyes profitability by FY2018 and has lowered its interest rates.    ASX-listed fintech zipMoney has put the finishing touches on its A$260 million ...

Better Finance: Robo-advice a champion for European investors

14th June 2017

Top European NGO says robo-advice shows great promise for investors.    Robo-advice could be a life raft for European investors who are getting ripped off by a flawed and corrupted financial ...

Australia and Hong Kong agree on fintech

14th June 2017

Australia and Hong Kong will cooperate more on fintech but the benefits are unclear.    Australia and Hong Kong’s financial service regulators have penned an agreement which will ...

Robo-advice News Wrap: Accenture finds 40% of customers happy to go robo

13th June 2017

Robo-advice news from around the world, summarised daily.   Polls and surveys on robo-advice have been thick and many of late, but the latest by Accenture is unusually optimistic. ...

Robo-advice News Wrap – Monday 12 June

12th June 2017

Robo-advice news from around the world, summarised daily.   HSBC’s robo-advice launch last week made international headlines. But using technology to bridge the “advice gap” ...

Fintech helps drive “platformification” revolution, Avoka says

9th June 2017

New report by fintech friendly software company says platforms are the future   Financial services is in the middle of a slow-motion revolution in “platformification”, where consumers ...

Robo-advice News Wrap - Friday 9 June

9th June 2017

Robo-advice and fintech is creaping into university curricula. Aussie robo-advisor has ranked and rated Australia's ETFs.   FINTECH AND ROBO-ADVICE TO BE TAUGHT AT UNIVERSITIES   Prestigious ...

Robo-advice News Wrap - Thursday 8 June

8th June 2017

Singaporean central bank invites consultation on robo. Thameside Financial Planning uses robo-advice to lure millennials from rich families. Robo-advice guru says face-to-face mortgage brokers will ...

Othera and Credit Crowd strike a blockchain partnership

8th June 2017

Credit Crowd gets on Othera’s blockchain, citing transparency as the key issue.   Blockchain provider Othera has linked up with Australian fintech lender Credit Crowd, allowing the Sydney ...

Steve Keen: banks create money, fintechs don't

7th June 2017

Professor Steve Keen is famous for correctly predicting the 2008 financial crisis. Head of the School of Economics, Politics and History at Kingston University, he is a regular guest on the BBC.    In ...

MoneyMe hits A$100 million in originations

6th June 2017

Demand for MoneyMe's short-term consumer loans has grown dramatically this year.    MoneyMe has written A$100 million in loans since the business began in 2013, marking a new milestone ...

Credible prepares for Donald Trump's student debt shakeup

5th June 2017

Credible offers exposure to doctors and lawyers student debts. But what will Trump do?   American upper-middle class professionals can pay off their student loans faster than most plans allow ...

FinTech Australia puts more women on its board

5th June 2017

In an industry criticised for its lack of women, FinTech Australia has chosen to lead by example.   Australia’s peak fintech industry group, FinTech Australia, has reshuffled its board ...

OurCrowd enters Australia through NAB

5th June 2017

NAB has made yet another fintech partnership, signaling the quick strides the banking major is taking.      Israeli crowdfunder OurCrowd has inked in a partnership with Australian ...

NAB is making waves investing in Wave

2nd June 2017

Big Four bank NAB makes yet another fintech play.    Australian banking major NAB has thrown millions into Canadian accounting fintech Wave in a Series D funding round.    The ...

Peter Thiel has a ride on Spaceship

2nd June 2017

Fintech-linked superannuation startup gets the nod from Thiel.    Silicon Valley tycoon and Donald Trump ally Peter Thiel has tipped US$1 million into superannuation startup Spaceship, ...

Hong Kong has only one marketplace lender

2nd June 2017

A table in the new BIS study says Hong Kong has only one fintech credit company.   Hong Kong has only one alternative lender and that lender has 100 percent market share, according to the Bank ...

Aussie marketplace lenders measured up

1st June 2017

ASIC sizes Aussie marketplace lending at $156 million, but its numbers are old.   The nine biggest Australian marketplace lenders wrote A$156 million in loans in the 2016 financial year, a new ...

Australian robo-advisors dismiss ING report

1st June 2017

Australian robo-advisors are unworried by ING’s new report.    The new survey by finance giant ING has been dismissed by Australian robo-advisors as failing the history test and being ...

90% of Australian SMEs have never heard of Fintech

31st May 2017

New survey finds buzzword 'fintech' rings hollow.   Around 90 percent of Australian SMEs don’t know what fintech is and they don’t seem to care either, a new survey by comparison ...

Afterpay pairs with Trade Me to enter New Zealand

31st May 2017

Australian fintech’s golden child expands into New Zealand.    Australian retail fintech Afterpay has gone international, expanding into New Zealand through a partnership with Trade ...

OnDeck launches biggest Australian fintech marketing push

31st May 2017

An inside look at OnDeck Australia's marketing campaign.   In fintech, marketing campaigns are rare as hens' teeth. They can’t afford it, don’t see the value in it, or don’t ...

Fintech could amplify systemic risk, says BIS

30th May 2017

Fintech's impact on systemic risk has been assessed by the Bank for International Settlements in a detailed study, but the message is mixed.   Fintech could weaken global financial stability ...

Malaysia’s fintech regulatory sandbox is more popular than Australia’s

30th May 2017

Australia's fintech sandbox is less popular than Malaysia's, despite the huge difference in size of each country's financial service industries.   Despite the heroes welcome ...

Fintech revolution only stalled, Accenture research claims

29th May 2017

Fintech has generated much hype over the past few years and a reality check was inevitable, says Accenture.    Fintech’s promise to transform finance has been stalled not killed and ...

ASIC pledges to work with regtech

26th May 2017

ASIC is calling for feedback on its plans to work with Australian regtech.   Corporate regulator ASIC has pledged to work hand in glove with the regtech industry and spelled out everything it ...

Singapore's biggest marketplace lender hits S$40 million originations

26th May 2017

Singapore's top invoice financer has plans to bring in European investors.    Singaporean marketplace lender Capital Match has hit S$40 million in loans funded and has started ...

P2P goes green with RateSetter's new marketplace

26th May 2017

With government help, RateSetter hopes to make green investment profitable.   Bill Clinton once described global warming as “the greatest economic opportunity of our lifetime”.   And ...

Fintech has peaked, claims Morgan Stanley report

25th May 2017

This sun is setting on fintech, claims new research.  Fintech has peaked and investment from venture capital will demise as incumbents copy their ideas and adopt their technologies.   In ...

FinTech Australia 2017 awards presented in Darling Harbour

25th May 2017

FinTech Australia’s inaugural awards were presented Wednesday night at Sydney’s Darling Harbour to a 200 guest audience made up mostly of industry figures.   The awards - which spanned ...

Hate for banks does not translate into love for fintech

24th May 2017

Study finds disaffection with banks does not equate to a willingness to switch over to fintech.    It is said that the British are more likely to change their wife than change their ...

Fintech killing bankers' jobs no problem for Australia

24th May 2017

Australia's Innovation Minister is unworried about fintech causing bankers to lose their jobs.    Australians should be happy that technology will automate away thousands of jobs as ...

IMF tells China to use fintech for Belt and Road

23rd May 2017

One of the less noticed aspects in the spectacular launch of China’s Belt and Road was Christine Lagarde’s advice that fintech should take centre stage.    IMF head Christine ...

Westpac inks in deal with robo-advisor

23rd May 2017

Westpac's deal with Ignition Wealth shows established players are embracing robo-advice.    Westpac, Australia’s second-largest bank, has expanded its robo-advice offering ...

Dianrong to offer US exposure

20th May 2017

Dianrong is testing to see if it can make tap US lending markets.    Chinese P2P lender Dianrong is beta testing a new platform that will provide a gateway for Asian investors wanting to ...

Interview: Zennon Kapron, China's top fintech expert

19th May 2017

Zennon Kapron is often said to be the top expert on Chinese fintech. The founder of both China Fintech, a Shanghai-based industry group, and Kapronasia, a consulting firm, his deep knowledge of the ...

Hong Kong failing on fintech, says influential government advisor

18th May 2017

Hong Kong’s heavyweight government advisory says the government needs to up its game on fintech.   Hong Kong must radically upscale its fintech ambitions and introduce far-reaching regulatory ...

Hong Kong and Australia open talks on fintech free trade agreement

17th May 2017

A new Australia-Hong Kong free trade agreement is in the wind and fintech is part of the deal.   Australia and Hong Kong have opened talks on a new free trade agreement which will include a ...

Influential Sydney fintech backers lukewarm on budget

17th May 2017

Not all Australian fintech players are thrilled with the budget.  ​ While the 2017 budget has delighted Australian fintech companies, some fintech investors are less convinced.    In ...

Hong Kong invoice funder gets Alibaba on board

16th May 2017

Chinese fintechs providing invoice financing have enormous potential in China.   Hong Kong invoice financing fintech Qupital has locked up $2 million in a seed funding round, led by Chinese ...

NAB's fintech arm brings robo-advice to home loans

16th May 2017

NAB-owned UBank installs a robo-advisor for home loans.   The fintech arm of Australian banking giant NAB, UBank, has unveiled a robo-advisor aimed at helping customers complete their home loan ...

China's central bank makes a fintech committee

15th May 2017

The People’s Bank of China has set up a fintech committee.    China’s central bank has launched a fintech committee aimed at bolstering its nascent fintech sector.    In ...

Equity crowdfunding gets regulatory OK in Australia

12th May 2017

Equity crowdfunding gets green light   Australian businesses will be allowed to equity crowdfund in the future, following the introduction of draft legislation by the Australian government.    In ...

Debt collection comes to fintech

12th May 2017

Debt collection has come to fintech, and it's growing strong.    InDebted is a Sydney-based startup bringing fintech to debt collection and their collection process is a lot tamer than ...

New Zealand to legalise robo-advice... in 2019

11th May 2017

New Zealand may legalise robo-advice, but on a very slow timeline.    New Zealand will legalise robo-advice after a lengthy legislative review, clearing the way for robo-advice to be given ...

KPMG acquires Hong Kong fintech

11th May 2017

Hong Kong fintech has been acquired by the professional services behemoth.    Accounting giant KPMG has acquired Hong Kong-based fintech Matchi, signaling the growing importance of fintech ...

The Australian Treasurer is right to tax and regulate the banks

10th May 2017

Confronting Australia’s big banks is long overdue, and good for fintech.   Australia's big four banks have been declared the “biggest losers” of the 2017 budget—for ...

Australia's alternative lenders love the 2017 budget

10th May 2017

Alternative credit is very happy with the 2017 budget.  For Australia’s small but vibrant alternative lending scene, the 2017 budget was a winner.  Not only did the government ...

Bitcoin gets going with Queensland-based company

9th May 2017

Owing to tax law, bitcoin is small in Australia, but one company in Queensland has made it work.    A Brisbane fintech has hit a new milestone, having helped Australians pay A$5 million ...

Indonesia and Australia deepen fintech ties

9th May 2017

Demand for a slice of the Indonesian market is coming from China as well as Australia.   Indonesia and Australia’s corporate watchdogs have deepened ties, aimed at promoting fintech.   Australia’s ...

Productivity Commission's data report published 24 hours before the budget

9th May 2017

The influential Productivity Commission's report on data laws has been published, the timing of which looks highly political.   The Productivity Commission’s final report on Australian ...

China's largest insurance company starts a fintech fund

8th May 2017

China — and the world’s — largest insurance company has an eye for fintech.    China’s Ping An Insurance, the world’s largest insurance group, has launched ...

This fintech will pay your bills for you

5th May 2017

Melbourne-based fintech offers automated bill paying, just email them your bills.    Can you imagine never having to manually pay a bill again? And never having to waste time with plastic ...

Poll: blockchain will be the most disruptive aspect of fintech

5th May 2017

A new poll has found that blockchain poses the most disruptive potential to financial services.   Blockchain will be the most disruptive aspect of fintech, according to the 2017 fintech poll ...

The Singaporean startup bringing the ivory tower to fintech

4th May 2017

Singapore's best and brightest have founded a fintech to help banks with their credit risk assessment.   Businessmen often think of universities as ivory towers stuffed with irrelevant and ...

Singapore reaffirms fintech cooperation with US

4th May 2017

Most states don't bother writing memorandums of understanding on fintech. But most states aren't Singapore.    Singapore has reaffirmed its commitment to building fintech bridges ...

Australia going cashless is great for fintech

3rd May 2017

The future cashless economy promises opportunities for fintech companies.    Australia is set to be an almost cashless society by 2020, promising benefits for fintech.    Since ...

Airwallex brings Chinese investment to Australian fintech

2nd May 2017

Melbourne-based startup Airwallex has scored US$13 million in Series A funding, with most investment coming from two Chinese companies, Tencent and Sequoia Capital.    The deal has attracted ...

Australian youth drive P2P revolution

1st May 2017

From “snowflakes” too PC for debate, to epicureans too in love with smashed avocado to save for a house - millennials cop a hard press.   But its millennials that are driving the ...

Australian businesses struggling with debt

7th March 2017

Australian debt repayments nosedived in Q4 of 2016, with late payments increasing nationally.    In sour news for alternative lenders, new research by ratings giant Dun & Bradstreet ...

ANZ chief unworried by fintech, criticises lack of women

6th March 2017

ANZ sees no threat from Australian fintech and welcomes the competition from startups.    In a keynote speech at AltFi’s Australasia conference, ANZ CEO Shayne Elliott said that the ...

US fintech veteran sees Australia following the US

3rd March 2017

Fintech is too small and young to have industry veterans. But insofar as there can be said to be one its Jon Barlow.   Founder and former CEO of Eaglewood Capital, Mr Barlow sits on a massive ...

Property Shares taps Australian Dream

18th February 2017

The Australian dream has always been of property. For generations Australians have pined and toiled, with the dream of one day owning their own home.   The lure has been strong enough to build ...

BrickX bricklays

18th February 2017

Home ownership is very important to Australians.   Its cultural importance was captured in The Castle, a cult movie every adult Australian has seen, where a working class family fights to protect ...

Apple Pay reignites feud with big banks

13th February 2017

The world’s largest company Apple has warned three of Australia’s biggest banks that they will fall into irrelevance if they fail to make peace with Apple Pay.    In an acid ...

British fintech delegation to visit Australia and New Zealand

8th February 2017

The British Department of International Trade is sending a delegation to Australia and New Zealand, aimed at promoting British fintech in the region.   The mission will bring eleven fintech ...

Spotcap Australia and Heartland Bank launch partnership

7th February 2017

In a big week, Spotcap has launched operations in New Zealand and locked up A$20ml in funding from Heartland Bank to boost its Australian operations.   “The relationship was more ...

New Zealand gets a fintech group

5th February 2017

    The New Zealand government and NZTech, the peak technology lobby, are working together to launch a fintech industry group.   FinTechNZ, as the group will be known, will aim ...

Big banks launch a $1bn makeover

5th February 2017

  Australia’s biggest banks have launched an industry makeover in an attempt to sanitise their image among a disillusioned public.    Called “Better Banking”, ...

More dosh for Doshii

31st January 2017

Westpac-owned VC fund Reinventure has bought a chunk of Doshii, the payments platform startup.   Westpac launched another $50m fund last year, to invest in Australian startups. The second fund ...

AMP closes fintech investor

31st January 2017

Insurance heavyweight AMP Limited has closed its VC fund after a difficult year for the troubled company. The unit, called AMP New Ventures, was axed following a strategic review, ending a promising source ...

The TPP’s death no problem for Australian finance

25th January 2017

Donald Trump has torn up the Trans-Pacific Partnership on his first day in office, making good on his campaign pledge to end the deal.    The move has deeply disappointed the Australian ...

Australian Treasurer to receive a British education

23rd January 2017

Australian Treasurer Scott Morrison is set to get an education on open access to credit data from leading British experts, in what may signal changes to come closer to home.    As part ...

SoFi tipped to move into Australia

23rd January 2017

San Francisco-based online lender SoFi seems poised to move into the Australian market.   Last week, SoFi posted a series of job offerings on LinkedIn, including positions as mortgage, marketing ...

Singapore’s entrepreneurial state

20th January 2017

The Singaporean economy has always been a riddle trapped inside an enigma.   For conservatives, the country’s massive post-war growth shows the importance of free trade and free capital ...

Globally not many women in Fintech, Australia no different

18th January 2017

In an industry as traditional as finance, fintech has prided itself as a disrupter. But in one respect fintech remains firmly conservative: gender diversity.    Less than 8 per cent of ...

Big Three ratings agencies downgrade Australian banking outlook

18th January 2017

The outlook for Australia’s banking sector has been downgraded to negative by Fitch.    Concerns about rising household debt while the labour market deteriorates has led the ratings ...

Fintech From Perth

13th January 2017

Three time zones apart and a four hour flight away, Western Australia can sometimes seem like another country. With an economy centered round mining and a small financial sector, fintech companies from ...

Picking up the bank’s slack

29th December 2016

Clamping down on banks is a defining issue of our times.    Banks in Australia take around 3 per cent of GDP, and are some of the most profitable per capita in the world. Polls ...

ASIC Builds Sandbox For Fintech

27th December 2016

Starting next year, Australian fintech companies will be allowed to test certain services without a financial services or credit licence.   In a world first, the Australian Securities and Investment ...

On data laws, its banks versus fintech

14th December 2016

Data laws are a hot button issue in Australian finance. But perhaps what’s most remarkable about them is that they hardly exist.   “There is a huge gap between any data protection ...

With the Productivity Commission, the Politics of Data Rears its Head

14th December 2016

The Productivity Commission has pushed back on suggestions from the Australian fintech community that the government should force banks to share their customers’ credit data.   In a 600-plus-page ...

Fair go establishing itself in Aussie fintech

1st December 2016

Historians have long argued that egalitarianism is a part of Australian life.   In his seminal book, The Age of Capital, the historian Eric Hobsbawm described Australia as a “paradise ...

SME lender sees growth in demand, cites transparency as key factor

18th November 2016

Online lender Moula has doubled its average loan size the past year, in a sign that Australian SMEs are increasingly trusting fintech.   “Loan size is vastly bigger than it was 12 months ...

Timelio raises $5m, launches fund

10th November 2016

Timelio has raised $5 million in an equity-funding round and launched Timelio Capital Fund, which provides passive exposure to invoice financing.   The announcements come as the latest in a ...

Valiant helps SMEs navigate busy business lending sector

25th October 2016

Banking is a tough sector for the lucky country.   According to the IMF, Australia has the most concentrated banking sector in the industrial world, dominated by the “big four”: ...

Japanese peer-to-peer platform eyes global expansion

18th October 2016

Japan’s oldest peer-to-peer lender, Maneo, plans to go global, following more than 100 per cent revenue growth in the last financial year.   The company’s massive growth owes mostly ...

Hong Kong has only one marketplace lender

1st January 2016

A table in the new BIS study says Hong Kong has only one fintech credit company.   Hong Kong has only one alternative lender and that lender has 100 percent market share, according to the Bank ...