Up, owned by Bendigo and Adelaide Bank have announced some metrics:- 800,000 customers 👀- $1.75b in deposits - 14,500 completed "Save 1000 challenge" - $92m in locked savers
Joseph Healy co-founder and CEO of Judo Bank will step down on 18 March 2024. Chris Bayliss (Chris B.) the current Deputy CEO is set to succeed Healy as CEO and Managing Director on 19 March 2024.
Fat Zebra , fresh off their acquisition of Adatree have announced they have received funding from Five V Capital.
Tim Poskitt has joined Startupbootcamp to lead the APAC sustainable fintech program. Tim has over 20 years of global experience in financial services, including a decade in fintech inside the APAC region.
⍜ Telescope AI , a leading API provider enabling publishers, brokers, and fund managers to leverage AI for finance has been selected to join the exclusive AWS US GenAI Delegation in Silicon Valley this week.
KPMG Australia released "Pulse of Fintech H2’23: Australia insights"The fintech ecosystem in Australia continues to face a number of challenges, resulting in levels of investment not seen since 2017, and a deal count down 24% compared to H1’23." Link to report : https://kpmg.com/au/en/home/insights/2024/02/pulse-of-fintech-h2-2023.html
Listing Loop has acquired Australia’s leading property analysis and negotiation business Hello Haus.
Tillo, an embedded rewards and incentives platform connecting businesses with gift cards from 2000+ global brands, has partnered with Karta Gift Cards to enable content in Australia.
ASX listed Douugh launched Douugh Pay! A new way for Merchants to build deeper customer loyalty through Stockback™ rewards.
Propell announced they raised $361,000 via a Share Purchase Plan.
Suncorp Group have said they have welcomed the Australian competition tribunal's decision to grant authorisation of the proposed sale of their Bank to ANZ
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