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Fintechs have been enablers in asset management for individuals and organisations alike.

Half a trillion dollars wiped from once high-flying fintechs

Digital companies that boomed during lockdowns have been hit by fears they cannot withstand a US recession.

  • 50 mins ago
  • Nicholas Megaw and Imani Moise
Futurerent CEO Godfrey Dinh is helping real estate investors access their rent in advance.

Start-up lets property investors access rental income early

Futurerent has banked a $9 million funding boost of its own, welcoming a handful of new investors as it plans for growth despite a correcting property market.

  • Yolanda Redrup
Refundid was founded by Joel Aaron, Ilan Kessler, Brad Karney, and Judd Katz.

Refundid shakes off BNPL doubts to raise $12m

The instant refunds start-up has closed a $12 million funding round, despite increasing concerns that the Afterpay-led short-term finance sector’s time in the sun has passed.

  • Tess Bennett


EML Payments offers prepaid payments cards.

EML Payments keeps bankers close as swoopers circle

The sharks are circling bombed out EML Payments – but much to their chagrin the company’s board hasn’t been all that keen to take them seriously. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
KPMG partner Amanda Price head High Growth Ventures at the firm.

Finder, Eucalyptus among future ‘growth giants’: KPMG

While start-ups across the Asia-Pacific region are bracing for a continued wave of economic and geopolitical uncertainty, KPMG and HSBC say the Aussie sector will keep growing.

  • Jessica Sier

This Month

Super Fierce co-founders Trenna Probert and Craig Swanger say most super fund rankings are flawed.

Former Macquarie CIO picks the best super funds over 20 years

Craig Swanger has singled out 15 as the most consistent out-performers in the past two decades – and the most likely to thrive in recessions and rallies.

  • Aleks Vickovich
Tyro chief executive Robbie Cooke resigned last month.

Wage pressure, inflation to keep Tyro in the doldrums

Things couldn’t get much worse for the payments company Tyro – the recent resignation of its CEO Robbie Cooke is just the latest in a series of headwinds.

  • Yolanda Redrup
Revolut Australia chief executive Matt Baxby says the heavily backed UK neobank still has covetous eyes on the Australian market.

‘In its infancy’: neobanks and VCs say bank disruption isn’t over

While the collapse of neobank Volt has given the impression that big banks are winning the battle against start-up insurgency, those in the industry beg to differ.

  • Paul Smith

‘Cash grab’: Stake stock lending under fire from Reddit traders

Critics have blasted the popular neo-broker’s soon-to-be-launched stock lending business for its default opt-in and allegedly unfair revenue split.

  • Lucy Dean and Aleks Vickovich
Dean Gillespie Islamic Bank Australia chief executive.

Interest grows as Australia’s first Islamic bank gains licence

The deposit-taker says investors haven’t soured on the sector and are attracted by its unique proposition.

  • Ayesha de Kretser
With a skills shortage in several high-tech industries, experts say employees without a job should find a new one quick enough.

Former Volt employees ‘inundated’ with new job offers

Companies from different corners of the business world have jumped at the chance to hire Volt’s employees since news broke that the neobank was shutting down.

  • Tess Bennett
Sean O’Malley says the migration of AMP Bank’s core banking system to the cloud is an important milestone.

AMP Bank ready to compete in the fintech realm after cloud shift

The boss of AMP Bank says it has completed a major project to shift its core banking systems into Amazon’s cloud, meaning it can partner quickly with emerging start-ups.

  • Paul Smith

Bankers fish for Tyro Payments buyers

Bankers have stepped up efforts to end headless chook Tyro Payments’ 2½ year stint on the ASX-boards, pitching the business as a turnaround play to private equity funds.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
Brisbane-based Collection House, had borrowed $5m against its Volt stake.

Broke Collection House planned to offload Volt stake

Before appointing administrators, the debt collector had hoped for an $8 million injection by selling its shares in the bank.

  • Liam Walsh


Volt chief executive Steve Weston has switched from capital raising talks to sale talks.

Volt retains Rothschild for closing down sale, phones run hot

There’s never a dull moment at fintech Volt. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
Steve Weston of Volt had to pull plug on its banking aspirations.

Volt failure puts boot into debt-chasing agency

Collection House has a stake, of dwindling value, in the fizzled neobank.

  • Liam Walsh
Volt Bank founder and chief executive Steve Weston, says he is incredibly sad about the bank’s demise.

Volt Bank dies with cutting-edge tech

Innovation was a key plank of the neobank’s business model. But the best mortgage platform in Australia is of little use without capital to lend the money.

  • Tony Boyd
Andrew Bragg is jumping into podcasting with Finder founder Fred Schebesta.

Andrew Bragg returns to crypto script

The Liberal Senator is back on the task of legitimising his backers in the hard-hit crypto sector.

  • Joe Aston
Antony Jenkins now has a different look from that he sported as a member of Barclays’ top brass.

How this sacked Barclays CEO turned £1m into a £600m start-up

One-time establishment banker Antony Jenkins is now looking to upend the finance industry – by using fintech to serve 1 billion people.

  • Harry Wilson
Westpac Tap on Phone will allow SMEs to accept secure, contactless payments from Android mobile phones or tablets.

Westpac turns Android phones into payment terminals

Using Quest Payment Systems’ ‘Airpay TAP’ technology, the bank will allow customers to use their phones and tablets for ‘tap and go’ card payments.

  • James Eyers