Sunday Weekly Summary October 30, 2022

Sub11 Sunday Weekly Fintech Summary

Fintech Sunday Weekly Summary for Sub11 Image supported by cache

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• Sydney based Greener raised $4M AUD in funding led by NAB Ventures & RealVC ✅💰

• Commonwealth Bank partnered with More to launch Mobile SIM Plans 📲 to help customers with the cost of living and rising bills. 🧾

•ASX listed Wisr announced 📣 a trading update :Prime Loan Book 📕 $885m, Quarterly Revenue $21.2m 📊, Quarterly Originations of $186m 🚗

• Wisr also launched “Wisr Today”Australia’s 🇦🇺 first money coaching app 📲 that uses psychology & behavioural science 🧫 to help users build smarter habits & improve holistic financial health. 📈

• Plenti reported their Q2 FY23 results : Loan portfolio of $1.55 billion 🗂, Revenue of $33.3 million 📊, Quarterly loan originations of $269m 🚙

•Judo Bank announced their loan book 📖 is at $6.8b with a a target 🎯 of $9b being "half way to achieving our medium-term metrics at scale" ✅

• humm group gave a 1Q23 business update 🗂:Consumer Finance 📂 volume $601.7m, Cards volume 💳 $296.5m, BNPL big ticket 🎫 up 8%, small ticket 🎟 down 11 %

• Embedded finance platform Nine25 App launched their investment EOI on Equitise 👋🏻

  • 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.