Weekly Fintech Summary 05/3/23 - Supported by AWS Startups

Sub11 - Partnering with fintechs in Australia to help them scale.

Weekly fintech summary supported by AWS

  • Melbourne based Small business admin platform Thriday partnered 🔗 with Visa to allows small businesses to take advantage of automated banking, accounting, & tax features. 🗂️

  • Gold Coast based Nimble Australia Pty Ltd acquired education 🎓focused lender ZeeFi to add to their existing loan book 📕

  • Employment Hero launched “Swag” where streamlined work, rewarding careers, flexible pay & exclusive benefits are rolled in to one app 📲

  • Joseph Healy and David Hornery , co founders of Judo Bank released their book "Black Belt" 🥋

  • Wisr announced their 1H results 📣 - New loan originations of $302M, Revenue of $43.2M, New loan originations of $302m, Q2FY23 delivered profitability with Cash EBTDA of $0.5M along with positive operating cash flow of $1.5M

  • ASX listed Tyro Payments released their 1H results:Transactional Value: $21.693b 🍔 , Revenue: $220.6m 💳, EBITDA: $19.5m 🗂️, Net Profit: $1.1m

  • Westpac launched Tap to Pay on EFTPOS Air 🙌 - a mobile app📲 for Android which allows any sole trader, single director company or association with a Westpac business transaction to accept payments. 👾

  • Raiz Invest announced their 1H report : - 676k active customers 🎮, - Australian 🇦🇺 business continues to be operating cash flow positive in December quarter - $9.3m revenue, $2.4m ebitda loss

Thanks to AWS Startups for Supporting this fintech summary.