Technology

An Australian mortgage fintech has raised $70 million in a series C capital funding round, taking the lender’s total raise to $115 million.

Recent data shows Australian fintechs have grown their revenue by 80 per cent since 2018, and business owners are optimistic about the future of the industry.

Cloud-based business management software providers FinPal and MiiiA have announced plans to merge their technologies, with FinPal rebranding to Fin365 by the end of the year.

Experian A/NZ has acquired an Australian fintech that analyses and categorises bank statements. 

The head of online lender loans.com.au has called on fintechs to put aside their differences and focus on their “one shared goal” of competing with the major banks.

The corporate regulator has announced three events to promote the adoption of regulatory technology by financial services firms.

A fintech has announced securing a deal with a community-owned bank as it gears up to launch a banking platform that could help aspiring home buyers become mortgage-ready.

Mitigating the systemic risks that could emerge from financial innovation will be a key area of focus for Asia-Pacific regulators this year, Deloitte has predicted.

The regulatory technology association has announced its partnership with Microsoft and the appointment of the Bank of Queensland’s chief risk officer to its board.  

An Australian mortgage fintech has announced that it has closed a $25-million Series B capital raise, bringing the start-up’s total raise to $45 million.