Five Fintechs on Friday, May 17, 2024

Happy Friday! Let's get to know this week's five fintechs👇🏻

The embedded insurance partner for the world’s largest and fastest growing brands

Open, an industry-leading embedded insurance platform, empowers the world's largest and fastest-growing brands like Bupa, Starling Bank, Telstra and VW to increase revenues and strengthen customer loyalty.

The company was founded to harness the world’s data and information to deliver modern insurance experiences that customers deserve.

Open's no-code technology, AI and data science expertise enable brands to seamlessly embed a comprehensive suite of car, home, travel, and purchase protection products into their digital platforms.

Brands love Open for their ability to deliver fully-branded white-labelled products from quote to claim, extensive coverage options, and dynamic marketing support.

Open is passionate about creating a positive impact and is Australia’s only certified B Corp insurance company.

Buy and sell Bitcoin with cash

Leading global digital currency platform, CoinFlip, has announced a rebrand across Australia and New Zealand transitioning its Olliv digital currency kiosks to CoinFlip (also called ‘Bitcoin ATMs’). CoinFlip kiosks provide consumers with a simple and secure platform to buy and sell digital currency.

CoinFlip entered the Australasia region in 2022 after acquiring Layer 8 Networks, founded by Australian technology entrepreneurs Ben Brockliss and Matthew Pook. Under their leadership, CoinFlip has expanded its footprint to nearly 700 kiosks across the two countries with total growth reaching 40% and 200% in Australia and New Zealand, respectively, by the end of 2023.

Know where your money is going

PocketSmith is an advanced personal finance software that connects to nearly every bank worldwide. More than a spend tracker, it uses Open Banking to help you be productive with your money.

Store important notes, images, and receipts and have them at your fingertips. Experience your finances in a new light with beautiful graphs, flexible budgeting, trend reports, and personal financial statements. Focus on what matters with customisable dashboards. See your cash forecast and test what-if scenarios.

Organise your money your way, and collaborate with your household and advisors.

PocketSmith support Open Finance through our contentAPIs and product. Please reach out if you're interested in working with us!

A leading digital and retail provider of international money transfer and payments services and foreign currency exchange services.

Eastern & Allied is a leading Australian-owned and operated digital and retail provider of international money transfer and payments services as well as foreign currency exchange services.

Their technological and consulting expertise enables support to their customers who rely on transactions to empower communities globally. With a dynamic and passionate team, Eastern & Allied offer unrivalled care to customers sending money worldwide.

Eastern & Allied has developed smart relationships with innovative fintechs, regtechs and correspondents to bring new products and services to our growing number of customers.

The most flexible, cost effective and reliable partner in accelerating your use of open financial data.

Wych acts as the invisible force behind optimised customer experiences, effortlessly integrating into your operations. Whether opting for versatile APIs or user-friendly no-code solutions, clients will find integration straightforward, while Wych takes charge of the intricate maintenance work.

Wych offers access to Reliable Open Data without the risks of screen scraping. Clients can complement their CDR data holder accreditation with Wych's CDR Data Recipient and Data Holder as a service solutions, with the company overseeing ongoing integrations, ensuring continuous compliance and efficient data access.

Through the power of Smart Insights, driven by AI-based reports and analytics, Wych redefines the utilisation of Consumer Data Right (CDR) data.


Five Fintechs on Friday is a fortnightly newsletter which highlights five Australian fintechs 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! 

*Please note that this is a FinTech Australia member exclusive opportunity

Previous
Previous

The journey towards 50 incredible team members

Next
Next

Shift completes $230 million Asset Backed Securitisation (ABS)