Sub11 Sunday Weekly Summary 20 Feb 2022

A summary of the week that was in Australian fintech

Fintech Sunday Weekly Summary for Sub11 Image

• ASX listed Latitude Financial Services is acquiring humm group’s consumer business for 150m Latitude shares 🗂 & 35m cash 💵🔗

• Brisbane based Swyftx inked 🖊 a 3 year partnership with the National Rugby League 🏉 including naming rights to the Bunker in 2023

• Bendigo and Adelaide Bank owned Up announced some metrics : 460k customers 🎟,>$1b deposits 💰, ~1.9m accounts created 📂

• Gold Coast base Send Payments partnered with Finsure to enable its brokers & clients to transfer money overseas 💱✅

• SelfWealth partnered 🤝 with BTC Markets to become the first 🇦🇺 online share trading platform to offer cryptocurrency investing 📶

• Prospa announced 📣 record half year originations of $315.2m 💻, record revenue of $78.5m , & a buyback of up to 10 % of their shares

• Suncorp Group launched their “Banking you can feel good about “ campaign across TV 📺, Cinema 🎥, Digital , Social & Outdoor 🚞

• A Coinbase ad featuring just a floating QR code during the Super Bowl 🏈 saw more traffic 🚦than they’ve ever encountered 😳🔧

• Tyro Payments provided their 100th🏏consecutive weekly COVID-19 Trading update: Feb YTD Transaction Volume Up 32%📈