FinTech Australia's Podcast

Weekly Summary 26 February 2022


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

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

*Β  Zip Co reported some metrics : TTV πŸ›οΈ: $4.9b Customers πŸ’»: 7.3m ,Transactions πŸ‘Ύ: 42.2m Merchants πŸͺ: 97,500 . The company aims to be β€œgroup positive cash EBTDA during 1H24”

* Sydney based investing platform Blossom App announced πŸ“£ they have had $1 million in earnings posted to their community since inception. πŸ”’

* ASX listed Judo Bank announced their Gross Loan and Advances πŸͺ as at Dec 2022 was $7.5b up 23%, revenue up 67% and profit before tax up >300% to $53m πŸ“ˆ βœ…

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FinTech Australia's PodcastBy Fintech Australia


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