Five FinTechs on Friday – September 4

A range of fintechs this Friday that bring new innovations and funding to the sector. A home loan platform using smart technologies, an open banking sharing platform, a digital currency exchange, a new startup in mobile wallets and and early stage VC for fintechs. Learn more about each below.

	Seed Space
	Seed Space is an Australian and Swiss based early stage venture capital firm. A true “Early Stage” Venture Capital firm, the goal is to be the first professional investors and trusted advisors to the leading innovators in Financial Technology.  Seed Space, launched in 2018, is approaching twenty investments across it’s investment vehicles. Seed Space founder Dirk Steller said, "we see the rate of digitalisation of financial services rising significantly in the post COVID world. We have been watching this trend for several years and see it getting a real kick start from the changes in behaviour sparked by the current health crisis."
	Lendi
	Lendi is Australia’s number one home loan platform with direct settlements of over $12 billion. By bringing together smart technology, home loan specialist advice and a built-in best interests policy, Lendi has been helping Australians compare, apply and settle the right home loan for their needs since 2016.Lendi has pioneered world-class digital technology and direct integrations with multiple lender partners to improve the customer experience.Despite the broader economic environment, Lendi continues to see strong growth in the volume of loans settled on its platform and is currently expanding its team of home loan consultants to keep up with demand.
	okmoni
	OKMONI is a recent start-up that is focusing on the deployment of a mobile wallet for the Pacific Region using NFC and QR code payment processes. OKMONI will allow underbanked & unbanked communities to access financial services without the limitations of banking infrastructure.Within Australia, OKMONI is poised to release a “Touch2PAY PIN on COTs (SPoc) solution for EftPoS & e-commerce payments enabling mobile phones to be used as POS devices, converting e-commerce CNP transactions to CP transactions. Given the need for small businesses to be creative and cost-efficient during this COVID-19 crisis, we believe this is timely.
	SISS Data Services
	SISS Data Services (SDS) is Australia’s leading bank data sharing platform.  SDS is trusted by all major Australian banks and provides secure transaction data feeds to fintechs ranging from start-ups to big-tech multinationals.  Already securely handling data for over 350,000 accounts, SDS is a key player in the open banking space, with CDR solutions for both data holders and data recipients. Neobank Xinja recently selected SDS as their partner to launch into the first phase of their Consumer Data Right (CDR) journey. SDS offers a free CDR/open banking information session to all fellow members of Fintech Australia (just email openbanking@siss.com.au).
	Binance
	Binance Australia is a digital currency exchange platform that enables Australian customers to easily buy and trade cryptocurrencies with Australian Dollars (AUD). Backed by Binance, Binance Australia offers users deep liquidity, low trading fees, and convenient deposit and withdrawal methods including PayID while leveraging cutting-edge technology from Binance.com's advanced trading platform.Since our official launch this past July, we’ve seen tremendous positive feedback from users. We’re excited to serve Australian crypto enthusiasts and novices alike -- we view ourselves as more than just a trading platform, but as a stepping stone that provides education and support for all users in the world of cryptocurrency.