Five FinTechs on Friday - June 12 edition

Today's series looks at a digital marketplace for Aussie borrowers, an investment transactions app, a prepaid payments specialist, a flexible funding platform to SMEs, and a 'buy now pay later' tech company.Below are five fintechs you need to know about this week.

	Comparez
	Comparez is a unique data driven digital marketplace for Australian borrowers that do not fit the big bank profile.  It is the first platform that provides a digital search engine for borrowers who may have been rejected by the major banks.The platform uses up-to-date pricing data points, credit data and a series of proprietary algorithms to serve up alternative lending solutions when the banks have said “no”.Matching an applicant’s borrowing profile with the credit appetite of alternative lenders, gives Australian borrowers a complete view of their borrowing options when they need it most.
	mSmart
	mSmart provides a whole-of-life, goals-based projections and investment transactions app suitable for financial planners, distributors and Do-It-Yourself (DIY) investors.The product offers a series of modules that commence with investment, savings and superannuation projections and expands to include transaction capabilities with stockbrokers and a complete ‘LifePlan’.mSmart comes with a long list of innovations that help to reduce costs for clients and improve efficiencies.The team has recently received a new round of investment of $155,000 since the Covid, and they expect to put their first product into the market – the impact on retirement of withdrawing $10,000 from your Super - in July.
	VascoPay
	VascoPay (a Novatti ASX:NOV company) is a prepaid payment specialist offering flexible and quick-to-market solutions to companies launching their own branded Visa Prepaid, Virtual or Gift Cards. They also support entities looking for Scheme Sponsorship.With a focus on bespoke and innovative solutions, backed by experts across the payments and banking industry, their clients span across many fields, such as FinTechs, Retail Rewards, Government and the Funds Disbursement industry.Over the years, they have designed, developed and tested their services in the consumer and business prepaid market. They now provide end-to-end program management in partnership with Visa, ANZ Bank, ABCorp and other global payment organisations.
	Tradeplus24
	Tradeplus24 provides easy, flexible funding to SMEs overlooked by the banks and overcharged by factoring providers. Innovative in their approach, they allow companies to securely leverage domestic and international receivables, unlocking working capital. The mostly digital process means little administrative hassle as Tradeplus24 synergises with accounting platforms. Their mission is to address a clear gap in the ability for mid-sized SME’s to obtain finance to grow. Using receivables as security, we offer credit lines from $500k - $10m. When understanding the impacts of Covid-19, it is fair to say that managing cashflow has never been more important for SME’s!
	Fillr
	Powering 'buy now pay later' absolutely anywhere during COVIDCOVID-19 has seen a drastic increase in online sales. As more and more consumers move online, 'buy now pay later' (BNPL) companies and ecommerce apps are increasingly embedding advanced tech like Fillr, to optimise their revenue funnels.With Fillr's tech, end-users can 'buy now pay later' absolutely anywhere, even with merchants the partner doesn't currently support. Furthermore, where partner does have merchant integrations, Fillr effectively make these transactions 'instant', by filling all the personal and delivery info.Fillr’s powerful mapping engine, algorithms and machine learning technology utilize advanced proprietary textual heuristics to read forms as close to human representation as possible.