Five Fintechs On Friday - July 3

Five Fintechs

3 July

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Five Fintechs on Friday

Fintechs that are helping the SME sector with a corporate credit card and lending; Digital tools to certify and finance farmers; a bespoke integrated payments product and a dynamic payment and communications solution. Here are five fintechs to need to know about this friday.We would like to thank ID Exchange for sponsoring this week's edition. Your support of FinTech Australia and the wider community is greatly appreciated. ID Exchange presents SISS Data Services Product Data API for banks and ADIs to compete in Open Banking with cost effective turn-key solutions.For every bank or ADI that registers for the webinar SISS will populate one of your products in their sandbox testing environment, at no cost to you.

Archa

Archa is an Australian fintech launching a neo-corporate card. Archa offer SME’s corporate credit cards so they can better manage and track their company spend. Archa’s infrastructure puts founders and executives in a better position to operationalise their team’s corporate card spend - think temporary cards, permanent cards, restricted cards, and single-use cards all mobile, all with a single tap. To underwrite these businesses Archa utilises non-traditional data sources to make better credit decisions at a quicker pace for fast moving businesses. This logic gives Archa the ability to offer a corporate credit card for small business, by subscription, with no personal guarantee required. COVID-19 has affected the global SME community in such a significant way; we are looking forward to helping small businesses everywhere rebuild, grow, and succeed. You can apply for their beta program here.

Pineapple Funding

Pineapple Funding is a lender which empowers Australian SMEs with simple and flexible access to capital. The Company was established in 2019 to address a gap in the private debt market and wish the goal of assisting Australian businesses to meet their challenges. Pineapple Funding has a data-driven approach which has allowed it to quickly grow into a high-volume lender to businesses of all kinds across Australia. To learn more about Pineapple Funding please visit: www.pineapplefunding.com.au

Geora

Geora is a platform for securing and sharing data across agricultural industries. It supports next generation agtech and fintech companies by providing digital tools to certify and finance farmers.For developers, the Geora digital toolkit is freely available online to reduce development time, decentralise data control, and integrate supply chain data.To boost the response to the unique challenges farmers are facing during COVID-19, Geora is offering FinTech Australia members with special rates on integrations and smart contract development to help farmers access finance solutions.Contact Geora for a demo and to find out more about fintech support for agriculture.

Butn

Butn is simplicity personified. Butn is agnostic technology that overlays any third-party platform to provide immediate registration and instant funding to End Users at the click of a Butn. As an originator and an enabler, Butn closely collaborates with each of its integration partners to ensure they have a bespoke integrated product. Not conforming to traditional regimes, Butn users can access a suite of B2B financial products with one click including Receivables Finance, Supply Chain Finance or even Business Loans from within their ecosystem. Unquestionably innovative with its first-to-market product, Butn is ready to fund 24/7.“To support the ever changing environment during COVID-19, Butn is inviting all SaaS platforms to integrate and provide its users with instant funding now - when they need it most”.

PowerPay

PowerPay is a powerful, dynamic payment and communications solution for businesses looking for more than just a payment company. With payers financial positions affected by Covid19 many businesses are relying on manual direct credit repayments or even external collectors to chase outstanding debt, jeopardising their often long standing relationships. By using PowerPay, businesses ensure their payers repayment plans are on time, discrete and dignified. Using a consultative approach, the PowerPay team are dedicated to businesses' success. They deep dive into your current processes providing insights on how to increase your profit. One such partnership they are extremely excited to announce is with MyPayNow an Australian Fintech enabling employees access to their wages in real time. Check them out at mypaynow.com.au

Check out our previous issues here! 1. May 29, 2020 - RelayPay, Pinch, Tradeledger, Opensparkz, Radium Capital2. June 5, 2020 - Finspo, Azupay, Verrency, ID Exchange3. June 12, 2020 - Fillr, mSmart, VascoPay, Comparez and Tradeplus244. June 19, 2020 - Nium, Basiq, Coinjar, Airwallex and Accurassi5. June 26, 2020 - Lumi, Suite2go, Domacom, Techboard and Business Fuel