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Showing 41 - 50 of 100+ results for "Fintech"

OpenMarkets raises $10m, moves up ranks

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
OpenMarkets is set to list later this year, having secured $10 million in a pre-IPO fund raise as it overtook CMC Markets as second-largest retail broker in Australia. Now trailing only CommSec, OpenMarkets says feedback from investors in the oversubscribed ...

BetaShares eyes expansion with new shareholder

KANIKA SOOD  |  MONDAY, 8 MAR 2021
... and potentially acquire businesses both in Australia and overseas that could help us add better value for our clients. Fintech is one area where there is lot of innovation happening at the moment. "We are open to partnering with fintech companies...we ...

Ignition Advice enters UK market

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
Fintech Ignition Advice has announced it will move into the UK market, establishing new teams in London and Edinburgh. Ignition chief executive of Europe Terry Donohoe said he is delighted by the move into the UK market. "By bringing advisers and their ...

Netwealth boosts profit, FUA

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
... million for the half year with an EBIDA margin of 56%. The platform provider said its strategic investment in data solutions fintech Xeppo has the potential for third party partnerships and assists in pivoting the business to a multi-disciplinary integrated ...

BNY to launch crypto admin platform

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
BNY Mellon will establish a new asset servicing unit that will cater to the growing demand for digital assets such as cryptocurrency. The digital assets unit, which will be led by Mike Demissie as head of advanced solutions, is currently developing ...

Milestone launches asset allocation tool

ANNABELLE DICKSON  |  TUESDAY, 2 FEB 2021
The global fintech firm is targeting Australian superannuation funds with the launch of its tailored institutional asset allocation solution in Asia Pacific (APAC). Milestone Group's pControl Asset Allocation offers a set of cost-effective and comprehensive ...

Former UBS GAM executive joins CBA incubator

KARREN VERGARA  |  THURSDAY, 28 JAN 2021
... Commonwealth Bank has hired a former UBS Global Asset Management and Financial Services Council executive to chair its fintech incubator business. Ben Heap was appointed non-executive, independent chair of x15ventures, which helps scale startups by providing ...

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
The corporate regulator has initiated action against a fintech for allegedly misleading customers about the benefits of investing in residential property in self-managed superannuation funds. Squirrel Superannuation Services, an SMSF platform provider ...

Ignition Advice chief exits

ELIZA BAVIN  |  WEDNESDAY, 6 JAN 2021
... independent consultant, relying on his decades of experience running wealth management businesses, managing M&A and leading the fintech, which provides scalable digital advice in Australia and Europe. Prior to taking on the top role at Ignition, Prasad ...

Hume promoted to cabinet

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... Gori added. In a LinkedIn post, Hume said she was honoured to be asked to take on the expanded role to focus not only on fintech but on "Australia's thriving digital economy".