Five FinTechs on Friday - August 20, 2021

[vc_row][vc_column][vc_column_text]We’re back with another edition of the five fintechs on Friday newsletter. Now delivered to your inbox every alternative Friday!Before we begin, please do participate in our annual fintech census. We need your inputs now more than ever to gauge fintech’s views and what is happening in the fintech ecosystem. This is our year to show the Government, policy makers, and the community how much the industry has grown including jobs, revenue, and as an exporter. COMPLETE SURVEY

But first, news from the industry...

The Australian fintech industry is evolving faster than you can google "Fintech Australia industry landscape". Biggest from this month include Bendigo bank's acquisition of Up Bank for $116m and Square's announcement on acquiring Afterpay. Commbank has launched its sleuth of fintech products - BNPL Steppay, early salary access AdvancePay and its 10 to 20 minute mortgage. All eyes also on Apple Pay and how their new products could unfurl.

Below are five fintechs we shortlisted for this fortnight

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Nine25

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/4"][vc_single_image image="60142"][/vc_column_inner][vc_column_inner width="3/4"][vc_column_text]With Nine25.app, your employees have a platform to safely & responsibly tailor when they get paid to their own personal life situation. Nine25's mission is to partner with progressive employers looking for a responsible way to deliver data driven employee benefits with "life changing" impact. The technology seamlessly integrates with the businesses' internal systems to only allow access to wages that have been earned by your employees. Therefore, there is no interest, late fees & it reduces the reliance on debt as a way to make ends meet between paydays. Nine25 will also have a meaningful impact on your business performance. Increases in retention, faster recruitment of top talent & measurable boosts in morale & productivity are all impacts we have seen within our launch clients' businesses. Interested in a demo? dale@nine25.app[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]

Q2

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width="1/4"][vc_single_image image="60143"][/vc_column_inner][vc_column_inner width="3/4"][vc_column_text]Q2 is a financial experience company dedicated to providing digital solutions to financial institutions globally. Our comprehensive loan origination and loan pricing capabilities allows lenders to provide cohesive, secure, data-driven experiences for their loan customers - from consumer loan to small business and corporate lending. With our digital enabled solutions lenders create automated seamless experiences and effectively manage spiralling costs and operational risk.  Headquartered in the U.S. Q2 has offices throughout the world, including Sydney, Australia, and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Nodifi

[/vc_column_text][vc_row_inner][vc_column_inner width="1/4"][vc_single_image image="60144" img_size="medium"][/vc_column_inner][vc_column_inner width="3/4"][vc_column_text]Nodifi is one of Australia’s leading technology and services providers for asset finance, enabling mortgage brokers, dealerships, and other POS retailers, to offer a broader range of financial services. Nodifi’s mission is to increase profitability and efficiency for partners, by delivering bespoke asset finance solutions, including, aggregation, loan origination, credit support, marketing and lead generation - plus a suite of white-label technology solutions. This flexibility allows partners to scale their asset finance portfolio, leveraging Nodifi’s specialist team and tech solutions. Founded in 2016, Nodifi now boasts over 2,000 users, having generated over $1.5 billion in loan applications.[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]

TAGR

[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_single_image image="60145"][/vc_column][vc_column width="3/4"][vc_column_text]TAGR is a mobile self-checkout retail technology business. Unlike many other 'scan & go' applications starting to pop up, they provide a mobile checkout as a web app (PWA) which means no app downloads or user sign-ins, giving customers a more seamless, mobile-first checkout experience in their favorite retail stores. Accelerated through the pandemic, retailers are seeing an uplift in demand for contactless payments and solutions to reduce in-store queuing. TAGR's scan and go technology is allowing stores to create a mobile-enabled workforce while receiving previously unseen data from in-store browsing & transacting.[/vc_column_text][/vc_column][vc_column][vc_row_inner][vc_column_inner][vc_column_text]

SocietyOne

[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column][vc_row_inner][vc_column_inner width="1/4"][vc_single_image image="60146"][/vc_column_inner][vc_column_inner width="3/4"][vc_column_text]SocietyOne is a leading digital finance platform, aiming to reward Australian’s with low interest personal loans for when ‘it’ happens. Whether it is for an upcoming wedding, holiday or unexpected expenses, they will make the process quick and easy. SocietyOne’s mission is to help both their borrowers and investors to achieve their goals. In addition to their personal loans service, they believe that it is important that everyone should have access to their credit scores. Borrowers can use SocietyOne’s Credit Score service for free, allowing them to understand, track and improve their credit score.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Check out our previous issues here!

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