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Weekly Summary 12 March 2023
- Sydney based Basiq has been acquired by Cuscal Limited , one of Australia’s largest independent providers of payments, banking and regulated data. ✅
- Sydney based Till Payments announced 📣 they have raised $70 million in Series D funding to assist with "making payments smarter, faster, and more secure."
- Brisbane based digital bank Alex Bank has seen an increase in personal loan origination, by over 50% since the start of 2023. 📈
- ASX listed Xero is planning to exit Waddle incurring a write down between $30-40m.
- Canadian based fintech Nuvei launched in Australia offering their full suite of payments solutions including acquiring 📋 , processing, alternative payment methods 📲 & risk management.
- Melbourne based Zeller has launched its online invoicing solution. Zeller Invoices is a unique addition to the growing financial product ecosystem, that was deployed to customers in early February following a month-long beta program.
- intelliflo, the leading cloud-based technology platform for financial advisers that supports over 30,000 advisers worldwide with over three million end-investors and over $1 trillion advised across its platforms, today announced the official opening of their Australian 🇦🇺 operations.
- ASX listed Beforepay announced a partnership with Western Union for a allowing customers in Australia to boost their international money transfers through Beforepay's flagship product, Pay On Demand™
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By Fintech Australia- Sydney based Basiq has been acquired by Cuscal Limited , one of Australia’s largest independent providers of payments, banking and regulated data. ✅
- Sydney based Till Payments announced 📣 they have raised $70 million in Series D funding to assist with "making payments smarter, faster, and more secure."
- Brisbane based digital bank Alex Bank has seen an increase in personal loan origination, by over 50% since the start of 2023. 📈
- ASX listed Xero is planning to exit Waddle incurring a write down between $30-40m.
- Canadian based fintech Nuvei launched in Australia offering their full suite of payments solutions including acquiring 📋 , processing, alternative payment methods 📲 & risk management.
- Melbourne based Zeller has launched its online invoicing solution. Zeller Invoices is a unique addition to the growing financial product ecosystem, that was deployed to customers in early February following a month-long beta program.
- intelliflo, the leading cloud-based technology platform for financial advisers that supports over 30,000 advisers worldwide with over three million end-investors and over $1 trillion advised across its platforms, today announced the official opening of their Australian 🇦🇺 operations.
- ASX listed Beforepay announced a partnership with Western Union for a allowing customers in Australia to boost their international money transfers through Beforepay's flagship product, Pay On Demand™
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