Sub11 Sound bites: Recent Episodes
Chris Titley
Created July 1 2022, Sub11 - Sound Bites is designed to capture a moment in time with Australian fintech news. It can be used as a record, a diary, a reference point , a piece of data or other forms of content. The purpose is to share , via audio, the happenings of fintech within Australia.
Karta Gift Cards a Sydney-based FinTech, has launched their new platform called 'Karta Cards'. This industry first will enable every business everywhere to issue & process Gift Cards 🎁.
Sydney based Hello Clever has raised $4.5m to build the next generation of payment & rewards.
Sydney based Paytron partnered 🤝 with JP Morgan which will enable customers to access localised banking in even more countries whilst increasing their processing capability. ✅ Snippets is produced by Sub11. Sub11 is a joint venture between Chris Titley and Euphemia (Investment partner) telling stories of Australian fintechs and founders whilst using broader content as the catalyst to enable fintech companies to grow. For more information www.sub11.com.au
Bnedigo and Adelaide bank have announced 📢 that Up has now over $1b in deposits & 550,000 customers 🛒
Commonwealth Bank has reported their FY Earnings: Cash NPAT 💰 : $9.5b Digital Customers 💻 : 8m Commbank App Customers 📲: 6.9m Mentioned the word "digital" 67 times in the preso 🗂
ASX listed Openpay has provided a trading update for July: TTV 🛒 : $39.9m Revenue🗂: $3m Active Customers 🛍(total) :323,000 Active Merchants 🏪(total) : 4100
Sydney based investing platform Blossom App have announced 📣 they now have $22m in FUM & > 6000 Customers 📊✅ Snippets is produced by Sub11. Sub11 is a joint venture between Chris Titley and Euphemia (Investment partner) telling stories of Australian fintechs and founders whilst using broader content as the catalyst to enable fintech companies to grow. For more information www.sub11.com.au
Gold coast based Send Payments has partnered 🤝 with ASX listed Pexa to allow multi-currency 💱 property transactions quickly and cost effectively ⚡️
Wagestream has partnered 🤝 with micro-savings platform Blossom App to offer employees a way to grow their savings by giving them access to the Blossom Fund. 📲
Up has launched “Maybuy” allowing customers to create an automated savings plan for individual items they've found shopping online – dubbed a “Maybuy” 🛍✅
ASX listed Wisr announced their Quarterly result : 4Q Revenue 📊 $17.6m 4Q Originations 🚙 $186m Total loan book 📒 $1.2b
ASX listed Raiz Invest has updated the market for Q4: - Revenue $4.3m 💰 - ARR $14.7m 🎯 - Global Active Customers 652,702 ⌨️ - Total Australian FUM $940m 📊
Westpac have announced they will be launching a digital mortgage 🏠 product that allows customers to be unconditionally approved starting from 10 mins ⏱
Debt recovery solution InDebted has raised $22.5m to grow their team & deploy new features 🎮 ✅
ASX listed MONEYME has provided a 4Q update 🗂: • Gross revenue of $55m 💰 • Gross customer receivables of $1.4b 📚 • Originations of $334m 🚗
Share based loyalty platform Upstreet have partnered 🤝with Maggie Beer Holdings to offer fractional shares in the company with each loyalty purchase🛒🧀
ASX listed Zip co has provided a market update for Q4 Revenue 📊: $ 160.1m Transaction volume📲 : $2.2b Customers 🛍: 12m Merchants🛒: 90.7k
Bendigo and Adelaide Bank owned Up have launched to the public details around their digital home loan product called “Up Home” 🏠
Long term investing & Wealth Management platform pearler has successfully closed a $7.8m seed round.
Sydney based Refundid have closed their seed round, raising $12m including both debt & equity.
Sydney based Salary as a service company Nine25 App have launched their platform to private beta users 📲👾
Brisbane based education payments provider Cohort Go have been acquired by Nasdaq listed Flywire 🤝🔗
ANZ has confirmed it is in discussions with KKR & Co. Inc. about a potential acquisition of MYOB.
Melbourne based Archa have announced 🎤 a Fast ⚡️receipt🧾 upload feature with Xero helping businesses collect & automate 🤖 expenses. ✅ Snippets is produced by Sub11. Sub11 is a joint venture between Chris Titley and Euphemia (Investment partner) telling stories of Australian fintechs and founders whilst using broader content as the catalyst to enable fintech companies to grow. For more information www.sub11.com.au
ASX listed Zip Co & Sezzle have terminated their merger agreement. Snippets is produced by Sub11. Sub11 is a joint venture between Chris Titley and Euphemia (Investment partner) telling stories of Australian fintechs and founders whilst using broader content as the catalyst to enable fintech companies to grow.
For more information www.sub11.com.au
Sydney based WeMoney have announced they have raised $7.0m💰to support their vision of financial wellness for all Australians ✅ Snippets is produced by Sub11. Sub11 is a joint venture between Chris Titley and Euphemia (Investment partner) telling stories of Australian fintechs and founders whilst using broader content as the catalyst to enable fintech companies to grow. For more information www.sub11.com.au