Sub11 Sunday Weekly Summary 09 Jan 2022

A summary of the week that was in Australian fintech

Fintech Sunday Weekly Summary for Sub11 Image

• ASX listed humm group received a proposal 🤝 from Latitude Financial Services for the purchase of its BNPL, instalment, & credit card operations for cash & scrip equating to $335 million. 💰🗂

•Tyro Payments appointed Shefali Roy & Claire Hatton to their board 😎

• Loved rebranded to Flyte 👋🏻 as they look to unlock🔓 Gen-Z teen's financial wellnes & launch 🚀 their crypto and credit-building banking products.🏪

• Californian based Digital banking platform Dave
listed on the Nasdaq finishing with a a market cap >$3b on the first day.

• NFT marketplace OpenSea 🌊 raised $300m USD at a $13.3B post valuation 👀