Consumers and businesses win in private company equity crowdfunding bill changes

FinTech Australia has welcomed significant changes to draft legislation allowing private companies to crowdfund equity, which will ensure investors are protected while at the same time delivering reduced costs and red tape for companies.

The draft crowdfunding legislation was introduced into the Australian Parliament today.

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FinTech Australia welcomes strong performance by Sydney and Melbourne in latest Global Financial Centres Index

FinTech Australia has welcomed the strong performance by Sydney and Melbourne in the latest Global Financial Centres Index, with Sydney now being named as a global leader and Melbourne jumping eight ranking spots.

Published every six months, the index measures the attractiveness of 108 financial centres. It analyses research by major international organisations such as the World Bank and United Nations alongside thousands of survey responses. (more…)

Two Australian fintechs selected to help develop payments solutions for the world

Two Australian fintech companies have beaten entrants from across the world to be selected among five finalists in a global payments industry challenge, where they will work to develop new cross-border solutions for thousands of banks.

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Australia enjoys spike in fintech investment

Australia along with the rest of the world enjoyed a spike in fintech investment during the second quarter of 2017, according to the latest Pulse in Fintech report by KPMG which was released last month.

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