Five Fintechs on Friday, January 19, 2024
Dear Community,
Happy New Year! We hope you had a refreshing break and ready for 2024.
All Melbournians are invited for our first community event of the year — "Back to Fintech" Summer Drinks on the 25th of Jan!
Money20/20 Europe is happening on the 4th to the 6th of June 2024. If you are interested in going, please contact Stu, FA's Head of Community and Global Engagement.
Moving on, here are the five fintechs you need to know to start off 2024 👇🏻
Simplifying payment experiences worldwide
Change Financial (ASX:CCA) partners with fintechs and banks, to provide tailored payment, card issuing, and testing solutions. The global fintech has over 150 clients across 41 countries, managing and processing over 27 million credit, debit, and prepaid cards, delivering flexible and fast-to-market payment solutions.
As a Mastercard principal issuer in Australia, Change’s payments as a service (PaaS) platform Vertexon, seamlessly integrates with banks and fintechs’ core systems enabling delivery of digital and virtual card solutions.
PaySim is a payment simulation and testing solution that is used by five of the top ten global payment companies, helping them to meet reliability and performance expectations.
DILLing with a caveat? Sounds like you're in APICKLE
A few years back, APICKLE Managing Director, Peter Wyszenko had the difficult conversation with his wife that a caveat had been lodged on their home putting it at risk due to their business being overleveraged.
Ideally what they needed was a commercial debt restructuring home loan whereby they could pay out the caveator and restructure multiple debts into a single loan which would reduce their expenses and enable them to handle various creditors and keep their business afloat.
It became painfully clear that what they needed didn’t exist, so they found themselves in a bit of APICKLE.
And that’s when the idea for APICKLE was born.
The A stand(s) for Adapt and Pickle represent(s) the transformative process we offer AUSSIE businesses.
Trade Reporting Simplified.
TRAction offers a regulatory technology solution for financial firms with trade and transaction reporting obligations. Acting as an intermediary between financial firms and licensed Trade Repositories (TR) and/or Approved Reporting Mechanisms (ARM), TRAction provides software for data extraction and conversion, reporting guidance, and reports trades on clients' behalf.
With offices in London, Sydney, Cyprus, and Singapore, TRAction supports financial firms, brokers, investment managers, banks, and electricity suppliers to comply with their reporting obligations and process millions of reportable transactions daily.
The New Way to Finance or Invest in a Property
MyBrix is the new way to finance or invest in property using a unique financial instrument that is secured by a mortgage on the property.
Property Owners can now apply for finance using the world's first No Interest and No Repayment property funding platform.
Property Investors can now invest in quality, high growth properties at up to 15% below current market value, with no acquisition or holding costs.
MyBrix works for property anywhere in Australia (owner occupied property or investment property). There are no bank loans, owners sell fractional interests to investors, allowing both parties to benefit from the future capital gains.
Mastering your product data
ProductCloud remains the leading cloud-based SaaS solution that streamlines product information management for banks, mutuals, neobanks, and non-bank lenders. It empowers product managers to efficiently manage and govern their portfolios with seamless integration into all product channels for accurate and prompt information delivery.
ProductCloud remains the only platform that provides a single tool for both Open Banking Product Reference Data and Design and Distribution Obligation compliance.
In a year where banks continually searched for cost efficiencies while mitigating operational risk, ProductCloud was the choice for innovative product teams.
ProductCloud remains ready to support Non Bank Lenders, Insurance and Wealth sectors as the Consumer Data Right is rolled out further.
Five Fintechs on Friday is a fortnightly newsletter which highlights five different fintechs in Australia and is sent to 6000+ subscribers!
If you would like your company to be highlighted on Five Fintechs on Friday, please submit your company’s information through this form! 🤩
