Sub11 Sunday Weekly Summary 19 June 2022

A summary of the week that was in Australian fintech

Fintech Sunday Weekly Summary for Sub11 Image

• Kit - a platform assisting parents & children on the education process of money💰📊 launched in the App Store 📲

• ASX listed Openpay updated some metrics for May 2022 :TTV 🏪 : $33m, Revenue 📊: $3m, Active Customers 🛒: 317,000, Active Merchants 🛍: 4000

• Sydney based Wisr priced a $250M ABS deal at 2.23% over 1-month BBSW to reduce the cost of funds 🔢🗂

• humm group & Latitude Financial Services announced the termination of the proposed sale ✍️of Humm’s Consumer Finance Division 🎥