FinTech Australia's Podcast

Today we chat to David Marsh from Endava about the recently released 4 key Trends in Payments - 

1. Real-time payments(RTP)
2. The Rise of the Super Apps
3. TheEvolution of Payments Acceptance
4. Payment Orchestration/ Platform as a Service

A  fun listen for all fintechs to consider. To download the report please click here:

bit.ly/endava-australia-report

Today we talk all things SVB with Dom Pym, James Cameron, Marisa Warren and Jackie Vullinghs to discuss the last 72 hours of thinking around SVB. 

This podcast was to capture a historic moment in time and for these leaders to share their learnings, their understanding of the situation and some lessons for founders.

March 5, 2023

All the headlines for the week to keep one eye on the happenings of Fintech in Australia 👇

• 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, 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

* Sydney based DataMesh Group raised $30m in their Series A round with NAB Ventures, 1835i & Deutsche Bank participating in the round. 💰

*  Bendigo and Adelaide Bank has said their digital bank Up now has 613,000 customers 🖥️ and $1.3 billion in deposits at the end of the half. Up Home 🏠 - their mortgage product has settled $38 million in home loans.

*  Zip Co reported some metrics : TTV 🛍️: $4.9b Customers 💻: 7.3m ,Transactions 👾: 42.2m Merchants 🏪: 97,500 . The company aims to be “group positive cash EBTDA during 1H24”

* Sydney based investing platform Blossom App announced 📣 they have had $1 million in earnings posted to their community since inception. 🔢

* ASX listed Judo Bank announced their Gross Loan and Advances 🏪 as at Dec 2022 was $7.5b up 23%, revenue up 67% and profit before tax up >300% to $53m 📈 ✅

• Gold coast based Send Payments raised $11.5m in a Series B round 💵 to accelerate opportunities in Australia & offshore 🌎

•Brisbane based ASX listed Change Financial
secured A$6.9m in new fundjng from US-based fintech entrepreneur & investor Michael Giles 👋🏻

•Sydney based Shift raised 💰 $27m to help scale their receivables & to make further investment in tech 💻 and data 💿 ✅

• Experian announced the appointment of data aggregation and analytics platform Envestnet | Yodlee as its official Open Data API provider in Australia. 🇦🇺🔗

• Commonwealth Bank announced a NPAT of $5.15b for 1H23 🗂️ Matt Comyn CEO, said: “Our strategic focus on building tomorrow’s bank 🏦today for our customers is illustrated by our leading outcomes on customer advocacy scores.”

• Westpac will offer its credit card 💳 customers more flexible payment options with the introduction of "PartPay", allowing their customers to pay for purchases in four instalments. ¼ 📆

• Commonwealth Bank announced 📣 it has connected customers to $1b of grants, rebates & concessions through their Benefits finder 🔬- More than 2.2 million claims were started by personal and business customers between January 2019 and December 2022.

• Carolyn Breeze GAICD announced she is joining as CEO at Scalare Partners
- with portfolio companies such as FrankieOne
and Cape + more 👋

In this episode, Chris Titley chats to Daryn Griggs, Managing Director - APAC of Episode Six. 

We delve in to legacy banking systems, the advantages and challenges of cloud based banking as well as the opportunity at large. 

Payments, Core banking infrastructure , card issuance and the adoption of mobile technology are all topics we cover in this podcast. 

In this episode, Chris Titley chats to Daryn Griggs, Managing Director - APAC of Episode Six. 

We delve in to legacy banking systems, the advantages and challenges of cloud based banking as well as the opportunity at large. 

Payments, Core banking infrastructure , card issuance and the adoption of mobile technology are all topics we cover in this podcast. 

• Barry Kogan, Jonathan Henry and Rob Smith, partners of McGrathNicol were appointed Joint and Several Receivers and Managers (Receivers and Managers) of ASX listed Openpay 🗂️

• Qantas launched “Qantas Money Home Loan” powered by Adelaide based Tic:Toc 🏠🛫

• Sydney based Bridgit partnered 🤝 with outsource Financial . This marks the latest aggregator partnership for Bridgit and expands its total network to more than 3400 brokers. 🔗outsource Financial (outsource), alone, works with more than 1000 brokers.

• Brisbane based Alex.Bank launched their new Term Deposit product, further bolstering its growing product portfolio. 💰📈

• Sydney based Skript launched Transkript, a plug and play 👾 application used to securely request & receive open banking data.

In the first episode of 2023 - we chat to Brett Turley from Bit Leave. 

Brett shares his story from trips to Afghanistan  to becoming a fintech founder and why he is on a mission to help employees. 

We chat about annual leave, employee wellness, long service leave and the opportunities fintechs have to be embedded in the workforce. 

In the first episode of 2023 - we chat to Brett Turley from Bit Leave. 

Brett shares his story from trips to Afghanistan  to becoming a fintech founder and why he is on a mission to help employees. 

We chat about annual leave, employee wellness, long service leave and the opportunities fintechs have to be embedded in the workforce.