Tune in to hear Stuart Low, Founder & CEO of Biza.io chat to Dexter about their latest investment round.
With the announcement of 2 partnerships this week between Sherlock & AFG and, Effi & AD Group.
The Albanese government announced their intent to begin the process of Token mapping.
Regulation of crypto is a message echoed by the UN for developing nations.
Mastercard has partnered with Ebonex to allow purchases in crypto.
Crypto.com partners with Datamesh to enable the purchase of fuel with crypto.
Shopify is the latest to venture into the lending space with the launch of Shopify Capital in Australia.
Bank of Queensland has now gone live on the Temenos Banking Cloud.
Swyftx has had a 21% staff reduction as tough economic conditions take their toll.
Ben Lyons (Ex Prospa)has joined our friends at Cape as their new Chief Revenue Officer.
Brian Collins announced his departure from Startup Bootcamp and his Director seat at Fintech Australia.
Tickets for Intersekt festival, 7&8 Sept are now available.
Latest Fintech Chatter podcast with Cath Whitaker, CEO of SelfWealth
Got news you want to share? Email joanne@tieronepeople.com
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Chloe White from Genesis Block joins us to talk about all things Blockchain (29 min mark) in what was a crazy week for news, even in the never-boring world of Digital Assets. Listen to the extended version of Blockchain News
Charlene Batson talks about the recent management buyout and a positive year of growth at Business Lender, OnDeck. (17.30 min mark)
We kick off the show with Alastair Wilkie CEO of Change Financial. He joins us to talk about their recent capital raise. (1 min mark)
News that Timelio has raised $7.5m underwritten by their 4 main shareholders.
In addition, Symon Brewis-Weston has joined the company as its CEO following the departure of founders Andrew and Charlotte Petris.
Send and Pexa have joined forces providing faster and cheaper multi-currency settlement services for overseas property transactions.
iSelect has finalised an agreement to sells its insurance and utilities comparison service to its biggest competitor, Compare the Market.
Open Banking pioneers Frollo have announced the end of screen scraping. It’s two years since Frollo made open banking history in Australia by completing the very first data exchange.
They confirmed that the big four banks had already cut the practice of screen scraping and 50 additional banks will follow suit later this year.
A warning to all those social media Finfluencers offering unlicensed financial advice, ASIC is watching you!
Million dollar fines and potential jail time has seen the worst offenders go quiet or even delete their online accounts for fear of retribution.
Applications are now open for the Finder Awards 2022. The closing date for submissions is Friday 2nd September.
In the latest people moves -
MX51 have appointed Jo Newton as its Head of People & Culture.
David Bicknell has departed Airwallex to join Immutable as their new CFO.
Jason Gardner CEO and founder caused shares of Marqueta to fall 24% after the announcement of his departure from the business.
Jason leaves Marqueta after a stellar decade, which has seen the company rise as a global force in payments.
He’ll be staying on as Chairman.
If you have any news or feedback you want to share - email joanne@tieronepeople.com
Until the next episode, stay safe.
Fintech Chatter is free of sponsors, our aim is to continue to make this free content. If you ejoy the interviews please help us promote the show:
Hit "follow" on your podcast player and leave a five-star review on
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Fintech Chatter News is presented by Tier One People, leaders in Fintech executive search
We help build world-class Fintech Ventures by connecting you with world-class talent
In our weekly news podcast, we cover the latest trends, innovations, and developments in the Fintech sector. From blockchain to payments to banking to wealth, we’ll keep you up to date with what’s happening in the world of financial technology today.
In today's show we hear from:
Steve Vallas ex CEO of Blockchain Australia, talks about his latest venture, Blockchain APAC.
Toby Norton-Smith from x15 Ventures joins us to talk about their latest Xccelerate program.
And Anson Parker talks about how Up Bank’s latest MayBuy initiative is being received in the market.
Raiz has given it users a big pat on the back with the announcement that their recurring investments figure has hit $1bn.
Our friends at Change Financial have announced a $5.7m investment round. The announcement comes off the back of deals with 4 NZ financial institutions worth $15.2m over 5 years. The injection of capital will support future growth for the company.
Cover Genius continues to expand its reach, this time partnering with Zip Co to launch a protection feature for its customer. This simple embedded process will provide Zip customers the chance to add purchase protection at checkout.
There have been further delays in the ASX Chess project. More development than initially expected is the reason behind the revised go-live date of late 2024!
Fintech Australia is again partnering with EY to conduct their yearly Fintech Census. The information from this will highlight issues the Fintech community is facing and will form the basis for talking points with Govt, Policy Makers, and Key Stakeholders. To take part go to fintechaustralia.org.au
Iress has announced that Marcus Price will take over the CEO/MD role when Andrew Walsh retires in October.
Fintech Chatter is free of sponsors and will always be free content. If you appreciate the interviews please help us promote the show by
Hitting "follow" on your podcast player and leave a five-star review on
Apple scroll to the bottom of the page (iphone or ipad only), hit 5 stars and write a review
Spotify in the app click 5 stars
Subscribing and liking on Youtube
Thanks for your support.
Joanne and Dexter bring you the latest Fintech news from Australia.
It’s been a quiet week on the capital raising front, but still we have positive news to share.
Indebted raised $22.5m and Finspo raised $4m to support their growth.
We talk to Angus Gilfillan Finspo CEO about their plans in the podcast.
It’s been a busy week on the share market for Moneyme, Zip and Openpay.
MoneyMe’s loan book hit $1.4bn, a four-fold increase since the 4th quarter of 2021. Which saw the share price rally this week to 85c.
Zips share price increased a whopping 159% in July. A 27% increase in quarterly revenue to $160m was supported by strong results overseas.
Openpay shares hit 50c last week but have settled to 32c today.
Prospa announced a record-breaking set of results for quarter 4. $104m of originations were written in June.
Digital payments firm Novatti announced a 97% increase in revenue to $32.5m. Leading to an average year-on-year growth of 76% over the last 5 years.
Some strong fundamentals and Green shoots of a recovery then for Listed Fintechs - but we are still some way off the dizzying share prices of 2021
Up bank’s new initiative “MayBuy” is in contrast to the BNPL trend.
Their “save now, buy later” movement encourages customers to plan for future purchases. By creating savings pots in the app they are hoping to discourage impulse buying. There’s been a flood of positive responses on Socials.
Our friends at Lendi continue to push for domination outside of the Big 4 banks by adding La Trobe Financial to its panels last week.
The addition will allow a greater range of products to their growing network of Aussie, Lendi and Domain Home loans brands.
Tic:Toc has entered a partnership with AFG to develop it’s mortgage broking operations as the digital home loans market grows.
This will allow Tic:Toc to offer customer loans from the AFG network if customers fall outside of Tic: Toc’s credit criteria from its current underwriters Bendigo and Adeliade Bank.
Westpac is set to launch a digital mortgage process, with full approvals gained in less than 10 minutes. The initial rollout will be for refinancing before a full rollout in 2023.
With the sad collapse of Volt a few weeks ago, the company has reported that the clean-up has been completed and all deposits have been returned to customers.
Any potential losses will be born by equity investors only, with no losses sustained by tax payers.
It is hoped that the selling off of the company technology will recoup some of the $213m invested.
Ed Bunting has joined Immutable the Web3 rocketship from BNPL player OpenPay as their Chief Legal and Risk Officer
Fintech OG Tyro has appointed Paul Keen from Nuix as their new CTO. Paul replaces Dave Coombes after his 5 year stint - good luck to both Paul and Dave.
Rob Bell the ex-CEO of 86 400 is back taking on a NED role with HFC Bank in Fiji - great to see Rob back in action and refreshed after leaving 86400 earlier this year
And Finally if you are looking for your weekly podcast fix last week I caught up with Dan Silver, Co-Founder of Stake
Since launching, Stake has amassed over 450,000 customers across Australia, New Zealand, the UK and Brazil by spearheading commission-free brokerage.
Stake now offers investors access to over 8,000 stocks across the US and ASX markets through a sophisticated and seamless platform.
Stake has grown to 135 staff and is booking $20 million in revenue a year. Stake recently completed its $90 million Series A funding from Tiger Global and DST Global Partners.
Dexter chats to Dan about his experience of giving up a corporate career and launching his own business. Dan shares his lessons on scaling, leadership, resilience, global expansion, bootstrapping and capital raising.
Fintech Chatter is free of sponsors and will always be free content. If you appreciate the interviews please help us promote the show by
Apple scroll to the bottom of the page (iphone or ipad only), hit 5 stars and write a review
Spotify in the app click 5 stars
Thanks for your support.
We're kicking off our new weekly show - bringing you the latest Fintech News from Australia and Overseas.
It's a different format with a new presenter, the show's producer Joanne Cousins, joining Dexter on the mic for the first time.
Every Monday we'll cover investment at home and overseas, bringing you the latest people on the move and reporting on upcoming events in Fintech. We'll also be speaking to guests and sharing their wins.
In this show, we are joined by Victor Zheng from MX51 as he shares the latest news on their series B $32.5m raise,
We're also joined by Nick Nicolaides from Pearler talking about their latest $7.8m raise.
This week's events:
Tickets to Intersekt
If you have any news you want to share contact joanne@tieronepeople.com and we'll do our best to try and feature you as a guest on the show.
Congratulations to Guy Dickinson and the Betacarbon team on being crowned People's Choice Emerging Australian Fintech of the Year 2022.
There were a record number of downloads and votes for the competition this year. Betacarbon emerged victorious amongst a very strong group of 8 finalists.
Tier One People CEO, Dexter Cousins presented the emerging Fintech award to Betacarbon CEO and co-founder Guy Dickinson. The award is reflective of the mood and sentiment within the industry at present. Fintech is a force for good and plays a crucial role in solving HUGE problems like climate change.
Held at the Forum in Melbourne, the industry turned out in ball gowns and black ties, WOW what a gorgeous bunch the Australian Fintech industry looked!
It was an extremely well-planned event.
The ceremony was super slick which left the whole night to catch up and enjoy what has been a very long-awaited in-person Fintech awards. 2019 was the last time the industry gathered in person for the event.
The awards across all categories of Fintech were tighter than ever, no company won more than one award. Perhaps most telling about this year's Finnies was the calibre of finalists who didn't win an award.
You can listen to the Hnry story and CEO and co-founder James Fuller sharing their humble beginnings from an excel spreadsheet.
And there were a record number of downloads and votes for the People's Choice category this year. Hnry emerged victorious - less than 100 downloads separated the 8 finalists!
A record year deserved a special occasion and the team at FinTech Australia did not disappoint.
Held at the Forum in Melbourne, the industry turned out in ball gowns and black ties, WOW what a gorgeous bunch the Australian Fintech industry looks!
It was an extremely well-planned event.
This was the biggest Australian Fintech awards yet. The ceremony was super slick which left the whole night for the long-awaited in-person awards. 2019 was the last time the Australian Fintech industry gathered in person for the event.
The awards across all categories were tighter than ever, no company won more than one award. Perhaps most telling about this year's Finnies was the calibre of finalists who didn't win an award.
James says winning People’s Choice reflects the huge amount of work Hnry’s team on both sides of the Tasman has put into making the Australian expansion a success.
“Despite launching in Australia during the pandemic, we’ve quickly become the fastest-growing digital accountancy across both sides of the Tasman. Our growth reflects that the nature of work is changing – people want more flexibility and opportunities to earn independently.
“We’ve been able to offer Australia’s independent earners something new, and it’s obviously hitting the mark – for a New Zealand company to win People’s Choice in Australia is something special,” he says.
Congrats to Dom Pym and the team at Up for winning this year's People's Choice award. Sponsored by Tier One People this award is decided by the public based on votes and unique podcast listens.
Each finalist is featured in their own Fintech Chatter Podcast episode to talk through the last 12 months and what makes them worthy winners.
This is the only podcast episode we've managed to record in person this year. Recorded live at Intersekt 2021 there's real energy in this episode and it's definitely one of our favourites.
Up is a business Tier One People has supported from before day one.
The award comes in the week Up celebrates the third anniversary of their official launch. Tier One people founder, Dexter Cousins was at that launch and he described Up Co-Founder Dom Pym as the Steve Jobs of Australian banking.
It's been a huge year for Up, with the acquisition from Bendigo and Adelaide Bank, a new CEO in ex-Square employee Xavier Shay and hitting over 400,000 customers.
Have a listen to the interview with Dom and I'm sure you'll agree they are worthy winners. Dom and the team have certainly won the hearts of the public and Fintech community.
Wednesday 13th October 2021 Fintech Australia held their Gala awards event, The Finnies.
Now in its fifth year, The Finnies were more competitive than ever. With 21 awards up for grabs as well as the new 'hall of fame' awards, the Australian Fintech community gathered over Youtube to watch an entertaining and well-produced awards ceremony.
Tier One People once again sponsored the People's Choice awards with two trophies, Emerging Fintech and Fintech of the year up for grabs.
The winners are decided by a public vote. Each finalist is interviewed on Fintech Chatter Podcast with unique downloads counting towards the vote count.
And from a very, very competitive field we are delighted to announce the winners of Emerging Fintech as WeMoney.
Take a listen to our interview with Co-Founder and CEO Dan Jovevski. Congrats to Dan and the team from the Tier One People team for a fantastic first 12 months in operation.
It was a thrill to finally be asked, having politely and persistently promoted Australian Fintech to David M. Brear, Simon Taylor and the 11:FS crew for four years!
And now it's here, the world's most listened-to Fintech podcast dedicating a whole episode to Australia.
Tune in as David M Brear, Simone Joyce Fintech Australia and Paypa Plane, Matt Baxby from Revolut and Dexter Cousins talk about the huge opportunities in Australia and how the nation is fast becoming a world-class Fintech hub.
Celebrating 5 years in business, here is a message from Tier One People's founder, Dexter Cousins.
Tier One People launched on 2nd June 2016 to provide executive search expertise to the Fintech industry.
As Joanne and I celebrate 5 years of Tier One People we wanted to take the opportunity to say thank you to....
Tier One People founder, Dexter Cousins recently attended an exclusive event in Sydney to celebrate the third anniversary of the UK/Aus Fintech Bridge.
The Fintech Bridge is a partnership between Austrade and the UK DIT (Department of Industry and Trade.) Set up to encourage Fintech to expand and grow both ways, Tier One People has played a significant role in helping UK companies like 10x, Revolut and Truelayer launch down under.
As big supporters of the initiative, it was an extra thrill to see our work feature so prominently in this promo video
If you are planning to launch in Australia and have any questions on the talent market down under, just use the form below to get in touch and we will happily share market insights on skills availability, best locations for talent, salary bandings, ESOP and all other things talent.
