Five Fintechs On Friday April 1, 2022

The new edition of the five fintechs on Friday is here!

Block your calendar for the upcoming events!

FinTech Australia and Amazon Web Services (AWS) are bringing together leaders from rapidly-growing fintech organisations to discuss scaling startups. Attend the panel held in-person in Melbourne, VIC on 5th April 2022 - 3:30 PM AEST. Limited spots available, book today!We're also hosting our first roadshow to share FinTech Australia’s agenda and goals, and connect with members and partners. Join us for our first in Adelaide on 7th April 2022 - 5:30 PM AEST, following the second meetup on 27th April in Sydney. Limited seats for the events. Register today.In association with Austrade, we are pleased to invite you for a webinar on UAE fintech market and opportunities. The discussion will focus on Middle East market regulations, trends and opportunities. Visit here for more info and registration.

Below are five fintechs to know about this fortnight!

Driva

Driva is an online platform that helps Australians navigate car-buying. Financing a car should be easy, but it's often not. Whether you're in a dealership being passed from salesperson-to-salesperson with only one lender option available or going to multiple lenders directly to find out your rate (hurting your credit score), it’s extremely difficult for consumers to shop around with confidence. That's where Driva comes in. In a few simple steps, the platform provides customers with personalised quotes from multiple lenders, with full transparency over costs and the confidence that they will be approved. Driva aims to make the car buying process fast, simple and fair - putting Australians back in the Driva's seat.

Open

The trigger for most people to get insurance is the purchase of a new car, home or going on the trip of a lifetime. But it can be hard to find, annoying to buy and expensive. At Open, they're on a mission to create the fastest insurance, at the best price, for the world. Their promise to customers is powerful, simple insurance through white-label and embedded car, home and travel products. You might know their consumer brand, Huddle, and partners such as Telstra, Plenti, ahm and Polestar.Open takes care of the entire insurance experience from quote to claim, with a digital experience made brilliant through innovations like instant claims and pay-as-you-drive car insurance.

Frollo

Frollo is a purpose driven fintech and Australia’s leading Open Banking intermediary. They help fintech’s, banks and lenders use Open Banking data to deliver better customer outcomes. From reducing debt and increasing savings, to providing a better, more personalised customer experience. Their modular, end-to-end Open Banking platform enables businesses to bring Open Banking powered use cases to market quickly by leveraging Australia’s most advanced and reliable CDR Gateway, with plug & play access to lending, personal finance management and customer onboarding solutions. Their clients include Volt, Beyond Bank, REA Group, P&N Bank and Bank of Queensland.

Cache

Cache is on mission to help more people invest, by enabling companies to offer branded investment products, empowering their customers to take control of their financial futures. Cache builds, manages and operates white-label investment products and as Australia’s leading investment-as-a-service provider, is transforming the way companies of all sizes launch FinTech investment products. By eliminating traditional barriers to entry for FinTech products while ensuring they are compliant, rigorous and scalable enough, business can focus on their user growth and leave the complexity to Cache.

CryptoSpend

CryptoSpend is a Sydney-based, crypto fintech company specialising in crypto payments. Their mission is to make it as easy as possible for everyday Australians to buy and spend crypto. In late 2021, they became the first Australian company to partner with Visa to release a crypto payments card in Australia. Through the CryptoSpend app, users can pay their bills in crypto, cash out to their bank account, and send crypto to other users with no fees. The CryptoSpend Card allows users to spend their crypto on lunch, groceries, online shopping, etc. in Australia and overseas, anywhere Visa is accepted.

Check out our previous issues here!