Sub11 Sunday Weekly Summary 24 July 2022

A summary of the week that was in Australian fintech

Fintech Sunday Weekly Summary for Sub11 Image

• Brisbane based education payments provider Cohort Go announced they have been acquired by Nasdaq listed Flywire 🤝🔗

• Sydney based WeMoney announced they have raised $7.0m💰to support their vision of financial wellness for all Australians🇦🇺 ✅

• ASX listed butn achieved $1b in cumulative originations since 2015 📊

•ANZ has confirmed it is in discussions 💬 with KKR & Co. Inc. about a potential acquisition of MYOB 🗂

• Melbourne based Archa have announced 🎤 a Fast ⚡️receipt🧾 upload feature with Xero helping businesses collect & automate 🤖 expenses.

• Zip Co & Sezzle terminated their merger agreement. 🚫