Sunday Weekly Summary October 23, 2022

Sub11 Sunday Weekly Fintech Summary

Fintech Sunday Weekly Summary for Sub11 Image supported by cache

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  • Commonwealth Bank partnered 🤝with Griffith University to create a new academy to offer financial crime investigation & compliance programs.  

  • Athena Home Loans, Mortgage Choice & REA Group partnered 🤝 to offer innovative white-label home 🏡 loans ✅

  • Sydney based Brighte have announced 📣 they have helped Australian’s use $1,000,000,000 ($1b) towards sustainable home 🏡 improvement. ✅

  • Tanggram launched their EOI for their crowd funding raise via Birchal 🗂

  • ASX listed Tyro Payments confirmed it has received approaches from several parties expressing interest in a potential change of control transaction, including Westpac.

  • ASX listed Zip Co updated the market :

    * Group quarterly revenue of $163.2m 📊
    * Transaction volume for the quarter of $2.2b 🛍
    * Customer numbers for the Group of 12.0m 📲
    * Active Merchants on the platform increased to 94.1k 🛒

  • bit.leave launched in Australia 🇦🇺 to help organisations reduce excess leave liabilities whilst also rewarding employees with more time off 🌅or more money 💰

  • Long-term focused wealth retail management platform pearler
    launched 🚀 "Pearler Exchange" - an online forum for investors to chat 💬, ask questions, test ideas 💡& share experiences 🤔 in a professionally moderated general advice environment.

  • NAB announced the launch of lower 📉 variable rates for eligible home loan customers on homes that meet energy efficient criteria. ✅

    Cache is Australia’s leading investment-as-a-service provider; allowing any company to offer investment products to their customers. Cache builds, operates and manages white-labelled investment products for its clients and currently powers 78% of micro-investing products in the market.