Sub11 Sunday Weekly Summary 7 August 2022

A summary of the week that was in Australian fintech

Fintech Sunday Weekly Summary for Sub11 Image

• Gold coast based Send Payments partnered 🤝 with PEXA to allow multi-currency 💱 property transactions quickly and cost effectively ⚡️

• Up launched “Maybuy” allowing customers to create an automated savings plan for individual items they've found shopping online – dubbed a “Maybuy” 🛍✅

• Wagestream partnered with micro-savings platform Blossom App 🍀to offer employees a way to grow their savings by giving them access to the Blossom Fund. 📲

• ASX listed Raiz Invest announced they have 660k active customers 👩‍💻and north of $1b in FUM

• Touch Ventures said they have $63m cash on hand to selectively support its existing portfolio & to consider new opportunities 📊