Sunday Weekly Summary September 11, 2022

Sub11 Sunday Weekly Fintech Summary

Fintech Sunday Weekly Summary for Sub11 Image supported by cache

This summary is supported by Cache:

• ASX listed Tyro Payments rejected an unsolicited, non-binding & indicative proposal to acquire them for $1.27 per share.

• FinTech Australia ran their annual fintech festival called Intersekt in Melbourne with over 60 panel/Roundtable sessions in 2 days 💃🕺

• Micro investing platform Blossom App 📲increased targeted returns to 4% p.a. after the recent cash rate increase.

• Sydney based upcover launched their instalment program for insurance policies 🗓

• ExtrasJar launched their EOI phase for their crowd-sourced funding via Birchal. 🗂

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.