Sub11 Sunday Weekly Summary 21 August 2022

A summary of the week that was in Australian fintech

Fintech Sunday Weekly Summary for Sub11 Image

• Bendigo and Adelaide Bank announced 📢 that Up has now over $1b in deposits & 550,000 customers 🛒

• Sydney based Paytron partnered 🤝 with J.P. Morgan which will enable customers to access localised banking in even more countries whilst increasing their processing capability. ✅

• Super Obvious, an ethical savings & investing app 📲 launched to the public.

• & DataMesh Group partnered to launch Australia’s 🇦🇺 first in-store 🛍 cryptocurrency payments across more than 440 of Peregrine Corporation retail outlets ✅

• Bridgit partnered with REA Group 🏡 as part of their marketplace offering.

• ASX listed Xero held their AGM where they summarised the year - 3.2m customers , $1.096b revenue , $212.7m ebitda 📊