Weekly Fintech Summary 5/2/23 - Supported by AWS Startups

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

Weekly fintech summary supported by AWS
  • ASX listed MONEYME announced their preliminary 1H23 results show an >$8 million NPAT and record-breaking revenue of over $117 million. The stock rose 68% on the news.

  • Nano Digital Home Loans announced 🎤it will no longer be providing loans & has evolved to being a provider of global leading technology 💻to financial services companies. The loans will be managed by ASX listed AMP.

  • Property software company PropertyMe has launched "me pay" a product allowing instant ⚡️ rent payments from tenants.

  • ASX listed Wisr have said they were profitable for the quarter.

Anthony Nantes CEO said “This quarter is a significant milestone in the Company’s progression as we deliver our first profitable quarter. We’ve delivered both positive Cash EBTDA and strong operating cash flow through a range of management decisions focussing on near-term, sustainable profitability.”

  • Melbourne based Zeller is launching their own transaction account and debit card 💳 to compliment their existing offering 🧾

  • Australia and NZ based Accountant and tax automation 🤖tool 🛠️ for sole traders Hnry has raised $35m to scale their growth.

  • Max Cunningham , formerly of the ASX has joined FCX (part of FinClear ) - FCX has the “simple goal to replicate the listed market ‘user experience’ for unlisted assets” 👋🏻

Thanks to AWS Startups for Supporting this fintech summary.