News

The Melbourne Cup sweep goes cashless

- November 3, 2019 < 1 MIN READ

If you’re the person that organises your office sweep for Melbourne Cup, you already know what a pain it can be in this increasingly cashless society to get your co-workers to cough up the dollars for their bet. Digital payment app Beem It hopes to change all that. The fintech offers a free to use… Read more »

Finance

Small business struggle to find finance, Ondeck reports

- April 15, 2019 2 MIN READ

Research by online lender Ondeck has found small business owners are increasingly struggling to secure finance from traditional lenders. In response, SMEs are turning to online lenders, family, friends and credit cards to supply the funds they need to grow their business. The study found one in four SMEs have had their loan applications rejected… Read more »

News

Aussies embrace buy now pay later and digital payment options

- January 21, 2019 2 MIN READ

A study by Roy Morgan of over 50,000 Australians has revealed there is now almost universal awareness of digital payment options as Australians continue to move towards a cashless society. The Roy Morgan ‘Digital Payment Solutions Currency Report’ found 72 per cent of Australians surveyed use at least one digital payment method; with 93.9 per cent saying… Read more »

Finance

Get the lowdown on borrowing from Fintech lenders with this guide

- September 12, 2018 2 MIN READ

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) and the theBankDoctor.org have released a guide to provide small business owners with all the info they need to better understand borrowing from alternative finance sources such as fintech organisations. The Ombudsman Kate Carnell suggested the guide will help SMBs to understand the jargon and receive a clearer… Read more »

Finance

Remove unfair contract terms or face ASIC says ombudsman

- September 10, 2018 < 1 MIN READ

In a survey carried out by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) earlier this year, only 50 per cent of the fintech companies surveyed considered their contracts compliant with existing Unfair Contract Term (UCT) legislation. The finding prompted Small Business and Family Enterprise Ombudsman Kate Carnell to call for all fintechs to… Read more »

Finance

Aussie startup Trade Ledger wins Open Innovation Challenge 2018

- May 4, 2018 2 MIN READ

Aussie trade financing startup, Trade Ledger, has wiped the floor with the competition at Barclays UK Ventures Open Innovation Challenge in London this week beating out nine other VC backed companies to take out the top honour. The ten hand-picked finalists were chosen by Barclays due to their potential to offer game-changing business solutions across a variety… Read more »