Five FinTechs on Friday – December 11

It's our last edition for the year! We hope you've enjoyed reading the 5 fintechs we cover every week and feel free to reach out to us if you would like to be introduced to any. We look forward to all the new fintechs we will cover in the new year.This week's five fintechs includes a buy-now-pay-later, an account or late fees service, a quick and easy small business loans provider, an online payment solution, a platform that integrates rewards, and a fully integrated digital payment provider.Check them out below!

	Etika
	etika is a privately-owned fintech company, whose aim is to offer affordable, fair finance without surprises.etika’s platform is built in-house, with full control over its core systems, allowing for customisation of solutions.In Australia, they offer the only Buy-Now-Pay-Later with no interest, account or late fees. They also offer custom B2B2C finance solutions. For example, for AIA Vitality they provide interest-free loans to their members for products that form part of certain benefits.  Their solution allows AIA Vitality to co-contribute proportionality to these member loans depending on the activity targets the member achieves.Visit www.etika.com/au to find out more.
	Ondeck
	It’s certainly been a challenging year, but since April, OnDeck COVID-19 Recovery Hub has showcased inspirational stories from SMEs that have pivoted into new opportunities.Their recent 50% surge in loan applications shows that SMEs are well on the road to recovery. And with their quick and easy small business loans from $10,000 - $250,000 they are helping more small businesses get back on track.OnDeck’s CEO Cameron Poolman, says, “Our Open for Business campaign is letting the SME community know that rapid cashflow support is available when it is needed, enabling them to reach their full potential in 2021 and beyond.
	Instant Pay
	Instant Pay is re-thinking the way people can purchase online. No more credit cards, no more fraud, just simply transfer your money to the merchant. Instant Pay makes this possible, while integrating into accounting, CRM and operational software so that business can kickstart their logistics quicker and all for a fixed fee. Instant Pay was built by 4 digital natives during Covid-19. Based on top of a Mountain in Queensland, their studio is overlooking the Gold Coast Hinterland and looking forward to a massively busy 2021.
	Cashrewards
	Leading Australian cash back platform Cashrewards successfully listed on the ASX lass week.Operating at the intersection of technology, rewards, ecommerce, and financial services, the platform plans to  invest in extending its unique ecosystem.Cashrewards member earn cash back on purchases both online and in-store from the platform’s 1500 merchants, including Apple, Adidas and Myer. Cashrewards Chief Executive Officer, Bernard Wilson, said: “Today commences an exciting new phase for Cashrewardrs, delivering the funds needed to accelerate progress towards our considerable ambitions. We’re delighted to have secured the support of such a quality group of investors to partner with us on the journey.
	Spenda
	Spenda delivers a fully integrated digital payment and business software solution that enables businesses to transform with fast, error-free digital efficiency. They are fundamentally changing the way people do business by delivering digital tools that streamline business processes, and improve efficiency and payment practices.Through their offering, they are able to deliver smarter business communication and collaboration between buyers and sellers, and empower business owners to take control of their business so they can trade faster and get paid quicker. For more information, please visit www.spenda.co.