Five Fintechs on Friday, May 31, 2024

Hi Community,

Below are the five fintechs you need to know this fortnight! 👇🏻

A better way to share payment data

Identitii's mission is to seamlessly connect the world's payment data. We believe that the future of digital commerce will be enabled by greater access to and sharing of data within and across the boundaries of geography, residency and technology.

Both machine and human driven workflows make otherwise complex data sharing and governance requirements simple, allowing payment networks, banks and fintechs to focus on moving money, and worry less about moving data.

Helping businesses sell better and get paid faster

Spenda is an integrated business platform that enables businesses across the supply chain to sell better and get paid faster.

They serve as both a software solutions provider and a payment processor and deliver the essential infrastructure to streamline business processes before, during, and after the payment event.

Spenda is applicable to any business that needs to make or receive a payment. Their software enables the smooth flow of funds throughout a supply chain or network of buyers and sellers, from producer to end-consumer.

Making co-ownership easy and enable flexible home ownership for all

Co-operty make co-ownership of residential property easy! Co-operty are the first to platform the entire co-ownership experience (incl conveyancing via lawlab) through to settlement. They deliver a Co-operty co-ownership agreement for execution and have democratised the cost with a superior product. Initially targeting younger cohorts of friends, family, flatmates and parents who want to help their children buy where co-ownership enables asset protection as well as an asset return. G2M is via predominantly mortgage brokers but also other parties in the value chain. There are many other use cases and Co-operty have a phased roadmap and ecosystem approach to deliver co-ownership as a mainstream option of home ownership.

The easiest way to buy Bitcoin and a whole world of other digital currencies.

Founded in 2013, CoinSpot is Australia’s leading cryptocurrency exchange with the largest selection of tradable crypto assets in the country. CoinSpot seeks to remove the technical barriers to blockchain and cryptocurrency, by educating and enabling Australians of all levels to access this groundbreaking technology. Completely owned and operated within Australia, CoinSpot provides industry leading security & customer service for its users. With over 450 digital currencies including Bitcoin, Ethereum, Cardano and XRP, CoinSpot has helped over 2.5 million customers invest in cryptocurrency.

Let's Grow A Better Tomorrow!

You know how 30% of UK's workers are living paycheck to paycheck and Australia are ranked first in the world for having the highest gambler per capital. Well, what Marsupium do is employ gaming psychology to transform how users manage and save money. Unlike typical pocket money apps developed by banks for parental monitoring, Marsupium aims to address the fundamental challenge of teaching children the real value of money. In fact, their app is in a testing phase with schools in Australia however it lacks full functionality, as it requires integration with BIN Sponsors/ Banking partners to enable deposits, withdrawals, and savings.

 


Five Fintechs on Friday is a fortnightly newsletter which highlights five different fintechs in Australia and is sent to 6000+ subscribers!

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Change Financial signs Unity Credit Union, one of New Zealand’s largest credit unions, continuing growth trajectory in the card payments market

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Furthering the Lending Landscape – Finnies 24