Five Fintechs on Friday, November 24, 2023
Dear Community,
Below are the five fintechs you need to know this fortnight! 👇🏻
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.
Complete Expense Nirvana
Cape is the award winning Aussie-born Expense Management platform issuing Business Credit Cards designed to help Founders & their finance team save time by automating expense reporting with snapping and capturing photos of receipts with their Cape mobile app and auto-reconciling transactions with an accounting integration into Xero via an easy-to-use web app. Whilst saving you money by ensuring there is never a cent spent outside of your expense policy by allowing you to create customized spending rules for your employees and providing you with access to free FX.
What’s more, Cape leverages Open Banking data for cashflow-based underwriting to provide their customers with a dynamic credit limit that allow you to better manage your fluctuating cashflow.
Founded in 2020, the Sydney headquartered startup onboarded their first early adopters 18 months ago and have now helped hundreds of Australian SMEs transact tens of millions of dollars on their platform. Visit their website today to book a personalized demo.
Web3 simplified.
Block Earner is building the world's best interface for digital assets, providing users with access to trading functions, decentralised finance and $AUD loans using crypto as security.
Bridgit. Buy now, sell later.
Bridgit’s mission is to revolutionise bridging loans through the use of technology, allowing Australians to purchase their next dream home quickly and without having to sell first. Bridgit is all about empowering hardworking Australians to make progress in their lives, with no hold backs.
As a fully regulated non-bank lender, Bridgit is committed to serving homeowners who want more flexibility to use the equity in their homes for the next stage of their lives. They provide fast, 24 hour approvals with a completely digital loan application process.
To find out more about their product offering visit www.bridgit.com.au
Deliver embedded, data-driven insurance at speed
Kanopi is a full-stack insurtech platform that enables insurers to build, launch, manage and scale new products into alternative, digital distribution channels. Designed to support limitless scalability and reduce costs, the platform enables an experimentation-led approach to new product development and distribution. Kanopi offers insurers unmatched speed-to-market, with new partners able to launch a new product to market in weeks if not days. Recently, Kanopi collaborated with AWS to host a live virtual roundtable of insurance leaders exploring the transformative potential of Generative AI, sparking pivotal dialogues shaping the future of insurance.
Five Fintechs on Friday is a fortnightly newsletter which highlights five different fintechs in Australia and is sent to 6000+ subscribers!
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