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The 2023 Australian FinTech news headlines

December 19, 2023
in Fintech
Reading Time: 4 mins read
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The 2023 Australian FinTech news headlines

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January

Queensland Authorities invests in Cake Fairness to develop jobs in native start-ups

Grapple secures $35 million to facilitate lending development as Bill Financing surges

LightYear Group appoints Michael Jeffriess as new CEO

WeMoney reaches maiden profitability milestone

On the inaugural AFIA awards, Lumi Finance received the 2022 Empowering Innovation Affie Award

MONEYME delivers internet revenue and document income

Novatti achieves document $1 billion in transactions in a busy December quarter

Fintech Hnry banks $35 million in Collection B spherical to gas Australian enlargement and entry into new markets

February

Nine25 App turns into Australia’s first cash app for employees

LENSELL launches Diversiview 2.0

Skript launches no code entry to Open Banking information

Shift closes $AUD27m Collection C fairness elevate fuelled by document development

Moneytech launches 1 million Velocity Factors Giveaway in partnership with Virgin Australia Enterprise Flyer and Velocity Frequent Flyer

Open Banking cost transactions to surpass $330 billion globally by 2027

Radium Capital aces half-billion-dollar milestone

Ship Funds oversubscribes their Collection B funding to $11.5m

Main aussie fintech/proptech platform OurProperty surpasses $2billion in processed funds

NAB Ventures leads $30 million funding spherical in funds software program firm DataMesh

March

Until Funds secures $70 Million in Collection D funding

Alex Financial institution faucets marketplace for $20M to speed up development with new ADI standing firmly in place

Shift completes debut public deal: $200m Asset Backed Securitisation (ABS)

Downsizer closes A$3.75m seed spherical securing funding from Lombard and Correlation world insurance coverage community to proceed Australian development and drive

Automotive subscription funding exceeds $395 million in Q1 2023

April

Mastercard joins $10m sequence A funding spherical in Brisbane fintech Paypa Airplane

Australian ETP Markets to Strike $200 billion as product quantity hits 350: World X

Praemium’s yr to this point internet inflows exceed $1.2 billion

Non-bank lender Firstmac receives $40m inexperienced mortgage funding from CEFC

Could

ASX-listed neo-lender Wisr delivers $24.1m income and $3.9m working money movement

Recent Equities rebrands to InvestorHub because it secures a $4 million elevate in simply two months off the again of speedy development

Butn to boost $1.8 million in new fairness

MONEYME executes $150m time period securitisation

Castlepoint Methods celebrates inclusion in fourth annual CyberTech100 checklist

June

Alex Financial institution recognised as Time period Deposit Account of the 12 months on the 2023 WeMoney Banking Awards

Fintech lender Beforepay named 2023 Moral Lender of the 12 months in World Pan Finance Awards

DTCC’s FICC sponsored service reaches new milestone, clearing over USD$750 Billion in day by day sponsored exercise

Simply 30 seconds – Nine25 launches the quickest transaction account opening in Australia

July

Beforepay achieves milestones of $1 billion in pay advances and 1 million customers

StartUp ScaleUp launches to advertise progressive Australian firms

Carbon disruptor Sensand to energy smart-farming breakthrough with $6 million funding injection

Lumi completes $15 million capital elevate

August

MONEYME achieves document FY23 gross income of >$230m, exceeding steerage

Novatti experiences robust annual development

September

Moral-lending fintech Beforepay recognised in Wealth & Finance Worldwide FinTech Awards

Link4 celebrates 7 years of empowering companies with eInvoicing

Homegrown Australian fintech innovation Fifopay recognised on the worldwide stage on the Nationwide Fintech Awards 2023

Blossom will increase mounted earnings price to five.70%, outpacing RBA price hikes

BGL wins 2023 ABA100 Enterprise Innovation Award

PAX delivers good cost know-how to Virgin Australia

KPMG Australia commits $16 million over three years to gas development in Wiise

MitchCap raises $300 million in new capital and achieves $1 billion of funding

October

Funds pioneer Visa to speculate $100 million in fintech startups targeted on generative AI

Identitii announce $1.0m in annualised value financial savings

BizCover celebrates 15 years with its largest BizGiver but – this time, as much as $5,000 for grabs

Beforepay secures a brand new A$55 million, 3-year debt facility

LAB Group secures new debt facility to fund development technique

Information Zoo expands in North America delivering patented digital id resolution for banks to guard towards id theft

Sturdy credit score helps worthwhile development for Plenti

Insurtech LifeBid raises $1.45million in its first fairness crowdfunding marketing campaign with Stride Fairness

ASX-listed fintech Butn delivers document quarterly income of $3.4 million

MONEYME broadcasts robust income and decrease losses for the quarter

ASX-listed Wisr delivers $24.3 million in quarterly income

Zeller launches Faucet to Pay on iPhone for enterprise homeowners to just accept contactless funds with Zeller App

November

Fintech Beforepay posts first quarterly revenue of $1.64m

Ship Funds and PEXA accomplice on new digital resolution for overseas change transactions

DTCC’s ALERT surpasses 15 million standing settlement directions

Avarni raises $2.5 million to speed up pathway to internet zero throughout $1.5 trillion provide chain information

Touch2Pay secures $3.2m in pre-Collection A2 Funding as whole capital reaches $6.3m

WLTH secures $14 million elevate, acquires Mortgage Mart through new strategic alliance to turn into Australia’s prime digital lender

Main AI decisioning platform Wealthy Information Co efficiently raises $28 million in Collection B spherical to speed up North America enlargement

The ninth Annual Australian FinTech Awards and the eleventh Annual FinTech Summit dates introduced for 2024

December

Non-bank lender Firstmac completes $300 million auto ABS situation

Block Earner rockets previous $9 million in crypto-backed loans with Aussie-first product

Wisr costs $200 million ABS transaction

Superhero wins Cash Journal 2024 Better of the Finest Award

Birchal raises over $1.2 million in funding within the first 24 hours of its capital elevate

 

 

 

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