Loads of news this edition with one of the premiere fintech events - "The Finnies" to be held in Sydney on Thursday.
I've attended the last two and it's a super night for connecting with those in real life and acknowledging this emerging sub vertical of tech in Aus - please say G'day Thursday and good luck to all the entries ! I will be ready go in black tie (below) :
Also a big thank you to Vanta for supporting this newsletter - see the bottom for more information.
Let's get to it:
Max Cunningham , formerly of the ASX and FCX has joined as CEO of the National Stock Exchange of Australia
Change Financial cial partnered ith Unity Credit Union - This means over 20,000 Unity debit cards will be issued on Change's Vertexon Platform.
AFG Home Loans ome Loans has partnered with Grow My Money oney to offer customers cashback rewards when shopping online or in-store at various retailers.
Rich Data Co Co (RDC), an AI decision-making platform for commercial lenders, signed M&T Bank T Bank as its first major US deal. M&T, the sixth-largest commercial bank in North America, will use RDC's explainable AI to gain insights into cash flow health and credit risk.
Commonwealth Bank has partnered with Coposit , a property tech platform, to accept pre-sale contracts with a minimum deposit of $10,000 for off-the-plan properties. Coposit allows buyers to pay the remaining deposit in interest-free installments during construction.
Plenti Group Limited reported their operational results for FY24, with a 21% increase in the loan portfolio to $2.1 billion and a 47% revenue growth to $211 million.
ASX listed Findi Limited reported record financial results for FY24, with revenue of $66.5 million, a 22.1% increase, and EBITDA of $27.4 million, a 63% rise.
Mint Payments Limited found Alex Teoh mentioned on a Linkedin Post that the company has been growing over +180% YoY in our travel payments division and as a group, they have transacted over $2.9B in TTV over the last 12 months.
Andrew Spicer , the former MD and CEO of Canstar has joined the board of Cash Converters - ASX Code: CCV
Scalare Partners rtners - led by CEO Carolyn Breeze GAICD has signed an agreement to be acquired and then list on the ASX.
Pinch Payments founder and CEO Paul Allen announced the company has surpassed $600m in total funds collected and successfully delivered to their clients.
Intrinsic Finance has teamed up with finPOWER to power a New Lending Offer. Intrinsic Finance has launched their new Secured Car Finance arm in Springwood powered by software platform finPOWER Connect.
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