BOC Gas ink multi-year e-Invoicing deal with Link4

BOC Gas is the first large enterprise business to join the Australian e-Invoicing network. The multi-year deal with Adelaide based Access Point provider Link4, allows BOC to send and receive invoices in line with Peppol standards.   

The Australian government recognises that e-Invoicing does help small and medium businesses build their digital capacity and thrive. But it will fall short if big business avoids it’s adoption. 

The 2021 Federal Budget set aside $15.3 million for promoting e-Invoicing through Australia’s business community to help get more of corporate Australia onto the e-Invoicing network. 

“Research shows that Australian businesses will free up cash flow with e-Invoicing, injecting as much as $3B into the economy each year and creating new jobs,” noted Link4 CEO, Robin Sands. “We are very happy to see the business community stepping up and look forward to more organisations following BOC’s lead.” 

Thousands of small businesses in Australia already deliver their invoice data without the need for email or PDFs, but large organisations have been slow to adopt this new service. 

“We’re very happy that BOC has benefited from e-Invoicing as an enterprise organisation. In a time where on-time payments are crucial for business survival, it is important to use the latest technology to achieve those goals.” Says Sam Hassan, CTO of Link4. 

BOC send over 2 million invoices a year and have been working with Link4 since 2018. “BOC wants their small business customers to experience the benefits of e-Invoicing, which is why they are putting themselves forward as leaders in this area,” stated Hassan.

e-Invoicing is a service that any large organisation can implement without changing its current cloud-enabled ERP system. 

To date, BOC has seen a 50% improvement in on-time payments with e-Invoicing, and an improved customer satisfaction rating. 

Send appoints Andrew Perry to its Board of Directors

Send, the Queensland-based international payments specialist has today announced the appointment of Andrew Perry to its Board of Directors.

With his appointment, Perry brings to Send a wealth of knowledge and extensive industry experience, amassed over a 30-year career that has seen him hold senior posts at large financial institutions including Commonwealth Bank, National Australia Bank, Tudor Investment Corporation, and Bank of Queensland.

Perry had previously been working alongside Send’s CEO, Paul Billing, as a member of its Advisory Board since June 2019, and his subsequent appointment as Director comes at a time of accelerated growth for the company, recently named by The Australian as one of its ‘Top 20 Australian tech stars to watch for.

“I’m delighted to be joining the Board at Send,” said Perry. “The payments sector and Send as a business are changing rapidly, and I have the utmost confidence in Paul and the team’s ability to deliver the exceptional products and critical components that will support the growth of both Send and its enterprise partners.”

“Since first joining us in an advisory capacity, it quickly became clear that Andrew’s first-class track record would be an invaluable asset to Send,” stated Billing. “As we continue to build and launch more market-leading products for our partners, I have no doubt that his ongoing input will help us grow commercially and drive further innovation in the payments space.”

About Send

Send provides international currency transfer solutions to a range of Australia’s most-loved brands, and giving their customers the very best rates.

After a year that disrupted the industry, global rankings show that fintech is thriving

  • More than 50 new cities and 20 new countries have been added to findexable’s Global Fintech Rankings 
  • The value of fintech unicorn companies has more than doubled 
  • The evolution of fintech in a country is highly correlated to financial inclusion in emerging economies 
  • The 2021 findexable Global Fintech Rankings is produced in partnership with Mambu, the market-leading cloud banking platform

A new report by findexable shows that 2020 was a year in which the financial technology (‘fintech’) sector expanded globally and financially, building upon a surge in demand for technology that increases access to digital finance. Previous reports showed that this trend was accelerating, but over the period covered by this year’s report diversity among fintech companies exploded, with 50 new cities and 20 new countries added to the index, meaning that they host the headquarters of at least 10 privately-owned fintech companies. 

The 2021 Global Fintech Rankings, powered by Mambu, identifies emerging hubs, fintech companies and trends. The Index algorithm ranks the fintech ecosystems of more than 230 cities across 65 countries incorporating data from findexable’s own records and collated and verified by its Global Partnership Network, including Crunchbase, StartupBlink, SEMrush and 60+ fintech associations globally. The index was first published in 2019 and has seen a huge uptake by the fintech industry. 

This year’s Global Fintech Rankings report shows that although major technology and finance centres like London, New York and San Francisco are still global centres of development, the fintech industry is becoming more geographically diverse. Several African countries have debuted on the list, including Seychelles, Rwanda, Tunisia, Zimbabwe, and Somalia. Cities like Riyadh and Tel Aviv have moved up the rankings, with the latter joining the top ten cities in the world for fintech growth. With more fintech companies being founded in a greater range of locales, from Flutterwave in sub-Saharan Africa to the digital currency launched in the Bahamas, the needs of specific populations are being served by people from those areas. In total, of the 83 countries in the rankings this year, more than 20% are new entrants. In short, emerging markets and digitally savvy but underbanked populations continue to be sources of fintech innovation. 

This speaks to one of the report’s larger themes: fintech is bridging gaps in consumers’ lives, many of them revealed or made more urgent by the COVID-19 pandemic. Data from Mastercard showed that in the first quarter of 2020 there was a greater shift to digital banking in ten weeks than there had been in the previous five years. Fintech can no longer be dismissed as a fad but is a part of billions of peoples’ lives – ‘fintech for all rather than the few. However, there is a significant gap between major players and the next generation of innovators in terms of funding that needs to be addressed to keep the industry moving forward with new ideas. There also remains a gap between the customers of fintechs – women are often early adopters while emerging markets are sources of giant user bases – and the people leading them. 

The report also shows that significant investment came into the sector during the year. The number of ‘unicorn’ companies (privately-held start-ups with a valuation of more than $1 billion) has increased dramatically, with multi-billion dollar ‘mega-rounds’ from a handful of companies propelling the total invested in fintech unicorns to $440 billion, up from $199 billion in April 2020. This dramatic increase in investment means that fintech unicorns now account for 20% of total tech unicorn value. 

Findexable’s founder and CEO Simon Hardie explains: “The level of investment and activity in the fintech sector is hugely gratifying for those of us who have been championing the industry. It is especially good to see that the pandemic didn’t slow down, and may have in fact accelerated, the adoption of fintech in parts of the world that have previously been underserved.” 

He adds: “Just as important as whether the industry is growing is the question of whether the industry as a whole is helping ordinary people solve the problems of financial access, cost and simplicity. A University of Illinois study conducted with last year’s data showed that a country’s level of fintech development is highly related to improvements in financial inclusion in emerging economies.’ We can extrapolate from this that the increase in fintech companies in under-banked regions will lead to greater financial inclusion in those areas.”

Elliott Limb, Mambu’s Chief Customer Officer, comments: “Fintechs are part of a global revolution to make financial services easier, faster and simpler. They are changing the way we save, spend, borrow, and invest money. Whether competing, cooperating or supporting traditional financial institutions, they are reshaping digital services for a real-time, on-demand world.” 

He adds: “This is why we are proud to have earned our stripes in this imagination-rich community and stepped up to sponsor the Global Fintech Index. The need to understand where the energy and ideas are being created is a tool that decision-makers need. Whether it is an aspiring unicorn, a neobank seeking new markets, a provider that wants to go digital, or a financial institution that wants to act like a fintech, you need a roadmap…a guide to where to begin and where to go. This is why a ranking system is important.” 

For the purpose of the Index algorithm, fintech is any business that applies a technologically enabled innovation specifically geared to provide or distribute financial services. 

The country and city rankings were calculated from a total score comprised of a combination of three metrics: 

  • Quantity – Size of fintech ecosystem and supporting structures – number of fintechs, fintech hubs, co-working spaces, accelerators, global influencers and population (countries only)
  • Quality – Impact/performance – size and growth of fintechs (e.g. number of unicorns), investment, events, value generation, international collaboration, website ranking 
  • Environment – ease of doing business, critical mass, regulatory environment – regulatory interventions to improve the competitive environment, incentives for start-ups, internet censorship, payment portals, fintech courses. 

To learn more and download a copy of the report, visit:

Moneythor & Envestnet | Yodlee Partner to Leverage Open Banking for Personalisation in Digital Banking

Moneythor, a leading provider of personalised customer experiences for banks and FinTech firms, and Envestnet | Yodlee, leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, have today announced a partnership that will enable financial institutions across Australia and New Zealand to provide engaging, contextual and actionable customer experiences. 

The partnership will now enable Moneythor to offer their fully white-labelled and scalable solution with integrated Envestnet | Yodlee financial data aggregation. The solution will provide access to consumer-permissioned financial data from over 100 financial institutions across Australia and New Zealand to give consumers a holistic and dynamic view of their financial situation.   

The Moneythor solution uses data analytics and behavioural science techniques to improve functionality and experience for banking customers across digital channels to provide actionable financial guidance. It utilises data sources from multiple banks and financial institutions, facilitated in part by Envestnet | Yodlee’s Financial Data Aggregation Platform, to deliver highly personalised and engaging content. Use cases include notifications that assist customers with personal financial management (PFM), financial literacy & advisory, targeted offers and more. By combining this with Envestnet | Yodlee’s advanced data aggregation solution, financial services providers can turn data into more meaningful digital experiences for their customers.   

The combined solution is already used by companies including Raiz, the leading micro-investing platform in Australia, to provide customers with financial wellness tools driven by aggregated account and transaction data.  

Moneythor has a global portfolio of clients including traditional banks such as ANZ, BNZ, CIMB, DBS and Standard Chartered Bank among others, as well as digital banks and FinTechs. It has a proven track record of implementing data-driven personalisation across multiple regions.  

Envestnet | Yodlee is the market leader in financial data aggregation, enabling innovation and insights for financial service providers. It has partnered with more than 1,400 financial institutions and FinTech innovators, which enables firms to build innovative financial solutions with access to an industry-leading application programming interface (API). Envestnet | Yodlee is an Accredited Data Recipient and Intermediary under the Consumer Data Right. 

Commenting on the partnership, Olivier Berthier, CEO and Co-Founder of Moneythor, notes, “the combination of Envestnet | Yodlee’s experience in comprehensively and securely aggregating data and Moneythor’s ability to enable personalised digital banking experiences results in financial firms of all sizes deploying differentiated features to their customers within a short time-frame. The demand for these types of solutions is continuously growing, and we are delighted to add Envestnet | Yodlee to our list of partners and to bring these solutions to life across Australia and New Zealand.” 

“Enabling financial institutions to utilise Envestnet | Yodlee’s rich financial data, combined with Moneythor’s customer experience solutions, means they can communicate with their customers in new, engaging and purposeful ways,” said Timothy Poskitt, Country Manager ANZ at Envestnet | Yodlee. “By truly understanding customers through data insights, and utilising technology to engage with them effectively, finance service providers can significantly improve the experience they offer and generate revenue by providing consumers with the information and personalized guidance they need to improve their financial health.” 

Stripe launches Stripe Tax to simplify global tax compliance for Australian businesses

  • Stripe Tax lets businesses automatically calculate and collect sales tax, VAT, and GST in Australia and over 30 countries, including all US states
  • Two-thirds of businesses say tax compliance limits their growth; the majority would launch more products and expand to more countries if compliance were easier

Stripe, the technology company building economic infrastructure for the internet, today announced the launch of Stripe Tax to help businesses automatically calculate and collect sales tax, value-added tax (VAT), and goods and services tax (GST) in Australia and over 30 countries*.

Stripe Tax makes every aspect of global sales tax handling as frictionless as the rest of Stripe. It automates tax calculation and collection for transactions on Stripe, tells businesses where they need to collect taxes, and creates comprehensive reports to make filing taxes easy.

The complexity of tax compliance

For years, help with tax compliance has been a top request from Australian Stripe users. GST rules in Australia are not uniform, and vary depending on the origin and makeup of a product. For example:

GST does not apply to certain services and digital products provided within Australia by overseas businesses to Australian businesses.
GST applies to sales of imported services and digital products sold to Australian consumers.

Tax compliance is even more difficult for Australian businesses selling products overseas, with digital and physical goods now taxed in over 130 countries, and over 11,000 different tax jurisdictions in the US alone.

Tax rules in each jurisdiction are updated frequently and often vary based on subtle details. For example:

  • The tax rate for tickets to the same webinar vary significantly depending on the location of the ticket holder, whether it’s a live or recorded version, and whether the purchaser is a private individual or a corporation
  • In the UK, food for animals is not subject to VAT, unless the animal you’re feeding is your pet
  • Cowboy boots aren’t taxed in Texas, but hiking boots are.

Businesses face significant opportunity costs in becoming compliant, but also maintaining a compliant setup globally. As a result, two-thirds of businesses say managing tax compliance holds back their growth, with a majority saying they would launch more products and expand into more countries if relieved of the burden [source].

How Stripe Tax works

Stripe Tax radically simplifies tax compliance for businesses across more than 30 countries. Features include:

  • Real time tax calculation: By determining the end customer’s precise location, and matching that to the product or service being sold, Stripe Tax always calculates and collects the right amount of tax, and keeps up to date with rate and rule changes so businesses don’t have to.
  • Frictionless checkout: B2C businesses can reduce checkout friction with Stripe Tax, by using location information to calculate and show taxes in the most familiar way to their customers.
  • Tax ID management: For B2B businesses, Stripe Tax collects the tax identification number from customers, and automatically validates VAT IDs for European customers, applying a reverse charge or zero VAT rate when necessary.
  • Reconciliation: Stripe Tax saves businesses the pain of reconciling thousands of transactions by creating comprehensive reports for each market in which a business is registered to collect tax, speeding up filing and remittance.

Instead of taking weeks of work, all this can be done automatically by adding a single line of code or updating a single setting in a business’s Stripe Dashboard.

“No one leaps out of bed in the morning excited to deal with taxes,” said John Collison, co-founder and president of Stripe. “For most businesses, managing tax compliance is a painful distraction. We simplify everything about calculating and collecting sales taxes, VAT, and GST, so our users can focus on building their businesses.”

“Simplifying tax compliance is one of the top concerns for Australian small businesses and startups looking to scale. It’s especially a deterrent for businesses that want to expand overseas, but struggle to navigate the complexities of tax compliance given how much it varies,” said Mac Wang, Head of Stripe ANZ. “Stripe Tax takes away the pain associated with tax compliance so our Aussie customers can focus on what they do best.”

Stripe Tax Development

Stripe Tax is engineered in Stripe’s Dublin HQ and has been in pilot mode over the last six months.

In May, Stripe announced the acquisition of TaxJar, a leading provider of sales tax software for internet businesses in the US. Stripe Tax already integrates directly with TaxJar, enabling users to easily file their taxes.

As Stripe invests further in this space, the Stripe Tax and TaxJar teams will work together to fully automate tax compliance for any business selling any product, anywhere.

To see Stripe Tax in action and learn more about Stripe’s product roadmap, register for Stripe Sessions beginning on June 16.

*Stripe Tax covers Sales Tax, VAT and GST requirements in Australia, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, New Zealand, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, the United States, and the United Kingdom.

About Stripe

Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size — from new startups to public companies like Salesforce and Facebook — use the company’s software to accept online payments and run technically sophisticated financial operations in more than 100 countries. Stripe helps new companies get started and grow their revenues, and established businesses accelerate into new markets and launch new business models. Over the long term, Stripe aims to increase the GDP of the internet.

SISS Accreditation gives Open Banking a much-needed boost

• Open banking take-up extremely slow at the moment.
• ACSISS platform will save fintechs significant time and money.

The ACCC has announced that SISS Data Services is the latest intermediary to become accredited under the Consumer Data Right (CDR), better known as Open Banking. The ACSISS platform from SISS Data Services provides fintechs with a fast and cost-effective path to access consumer data via Open Banking. According to SISS Managing Director Grant Augustin, “We have taken a 3-6 month CDR build for fintechs and turned it into a one-day exercise.” ACSISS leveraged its existing direct data feeds (sometimes referred to as ‘closed banking’) infrastructure, to build a CDR compliant solution for fintechs, with a key focus of speed to market and cost-effectiveness. “Over the last 10 years the ACSISS Platform has been trusted by over half a million Australians to securely access and share consented, bank-approved, financial data. We know the platform model works for fintechs and we are excited to expand our offering to include Open Banking”, said Augustin.

The fintech community has been vocal about the cost and time it takes to comply with the CDR accreditation requirements, with some fintechs claiming the cost to build and comply with CDR could reach $500,000 plus ongoing maintenance of $50,000 per annum. With only 14 Accredited Data Recipients (ADRs) of which fewer than half are active, there is concern the CDR may not be widely adopted as first hoped. “We understand what fintechs are saying about the build and compliance cost of open banking, we saw the same cost and compliance issues with direct data feeds (“closed banking”) when it started, and we worked with Banks and fintechs to find a win/win way forward.”

Grant Augustin believes the success of Open Banking will in part, depend on platforms like ACSISS lowering the cost and expense of compliance, and giving fintechs options on how they access data under Open Banking. “ACSISS enables an Accredited Data Recipient to be CDR ready in minutes, not months. Fintechs simply create an account with us, configure their CDR consent and publish it. And with a full-featured, production account starting at $500 per month, it is within reach of all fintechs.”

About SISS Data Services

SISS Data Services was established in 2011 to provide software platforms with highly secure and reliable access to customer transaction data, through direct connections to leading Australian banks, including CBA, Westpac, NAB, & ANZ. SISS Data Services has grown to become Australia’s largest
independent provider of direct bank data (closed banking) feeds. Notable clients in Australia include Intuit QuickBooks, Sage, BGL and Wiise.

With the emergence of ‘open banking in Australia, SISS Data Services has been a leading contributor to the implementation of the Consumer Data Right and now offers clients access to their customers’ data via open banking.

Spokesperson: Grant Augustin
Title: Co-founder and Managing Director
Mobile: +61 433 944 710
LinkedIn company page:

Civic Ledger Awarded as Technology Pioneer by World Economic Forum

  • The World Economic Forum announced its selection of the 100 most promising Technology Pioneers of 2021 – companies that are shaping industries from healthcare to retail and many more.
  • This year’s cohort includes representation from 26 economies on six continents with a reach far beyond traditional tech hubs like Silicon Valley.
  • Civic Ledger, which provides blockchain solutions for the government and industry ecosystems to deliver secure and efficient access to shared public resources made it to the selection for its contributions in the field of digitalisation of water rights and credits, building the water markets of tomorrow: allocation, accounting and market mechanisms tied to time-based activities of local water resources.
  • The full list of Technology Pioneers can be viewed here.

Civic Ledger, the Brisbane-based Australian company that brings blockchain technology to digitise the ownership and exchange of shared public resources, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. Since its beginnings in late 2016, Civic Ledger understood the value proposition of blockchain to build new digital markets for taking accurate stock of shared public resources, especially to help determine the true value of natural assets like water which often suffers from the tragedy of the commons due to unequal access or unsustainable consumption.

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the use of new technologies and innovation that are poised to have a significant impact on business and society.

With their selection as Technology Pioneer, CEO and Co-Founder, Katrina Donaghy of Civic Ledger will be invited to participate in World Economic Forum activities, events and discussions throughout the year. Civic Ledger will also contribute to Forum initiatives over the next two years, working with global leaders to help address key industry and societal issues.

“We’re excited to welcome Civic Ledger to our 2021 cohort of Technology Pioneers,” says Susan Nesbitt, Head of the Global Innovators Community, World Economic Forum. “Civic Ledger and its fellow pioneers are developing technologies that can help society solve some of its most pressing issues. We look forward to their contribution to the World Economic Forum in its commitment to improving the state of the world.”

“It’s a great privilege to be accepted as a pioneer by the World Economic Forum”, said Civic Ledger’s Katrina Donaghy. “It is an acknowledgement that our approach to applying blockchain as an enabling technology for creating fair and sustainable ways of producing and distributing value laying the foundations for new markets to emerge. Our whole reason for existing is to look at old problems with new eyes and reimagine solutions that return the best to society, the environment, and the economy and we look forward to openly sharing our ideas with the Forum.”

For the first time in the community’s history, over 30% of the cohort are led by women. The firms also come from regions all around the world, extending their community far beyond Silicon Valley. This year’s cohort includes start-ups from 26 countries, with UAE, El Salvador, Ethiopia and Zimbabwe represented for the first time.

The diversity of these companies extends to their innovations as well. 2021 Tech Pioneer firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The full list of Technology Pioneers can be found here.

Technology Pioneers have been selected based on the community’s selection criteria, which includes innovation, impact and leadership as well as the company’s relevance with the World Economic Forum’s Platforms.

All info on this year’s Technology Pioneers can be found here:
More information on past winners, information on the community and the application link can be found here.

About Civic Ledger: Based in Australia, Civic Ledger builds blockchain enabled platforms for digitising shared public resources to safeguard our planet’s natural assets.

About World Economic Forum: The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (

About the Technology Pioneers:
The World Economic Forum believes that innovation is critical to the future well-being of society and to driving economic growth. Launched in 2000, the Technology Pioneer community is composed of early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.

The World Economic Forum provides the Technology Pioneers community with a platform to engage with the public- and private-sector leaders and to contribute new solutions to overcome the current crisis and build future resiliency.

Send partners with Pepperstone to provide full-service FX needs to clients

Send, the Queensland-based international payments specialist has today announced a new commercial partnership with award-winning global FX and CFD broker, Pepperstone.

The long-term agreement will see Pepperstone, one of the largest MetaTrader brokers in the world, introduce Send to traders seeking the best exchange rates when making international money transfers.

Additionally, Send clients will be introduced to Pepperstone’s wide range of tradable asset classes as part of the unique concierge-style account management service already offered. Pepperstone offers some of the best spreads and liquidity across CFDs on global indices, shares, commodities and cryptocurrencies as well as more than 70 FX pairs.

“I’m incredibly proud to be able to confirm our partnership with Pepperstone,” said Paul Billing, Send CEO.

“This deal is the result of months of hard work behind the scenes, and we’re confident that both parties will benefit both today and in the future. Clients of Send and Pepperstone, whether old or new, can rest assured they’ll receive the highest level of service and superb products befitting of each brand.”

“We’re thrilled to be partnering with Send,” said James Perry-Keene, Head of Strategic Partnerships at Pepperstone. “Now more than ever, people are looking for the best technology, service and value for money when dealing in foreign exchange. We’re pleased to have a trusted partner in Send to refer our clients to when their own currency transfer needs arise.”

To find out more about how Send and Pepperstone can meet your needs when it comes to foreign currency, visit

Perth-based Fintechs Join Forces to Tackle Global Business Payments

Today, Cirralto Limited (ASX: CRO), a feature-based payment company, announced a successful merger with Appstablishment, a Software-as-a-Service (SaaS) company. The companies have merged to form one company that delivers optimised business and payment solutions to a global market.

The merged entity, trading under Cirralto Limited, will utilise the software and integration framework developed by Appstablishment coupled with its own payments technology to improve business efficiency and provide businesses with access to increased payment options to get paid quicker and better manage their cash flow.

Cirralto will benefit from owning the key proprietary software and intellectual property, including the core product, Spenda, both domestically and internationally, which offers the potential to open up substantial markets for the development of new products and growth. It is also fundamental to enabling the further growth of SaaS solutions and the development of new intellectual property and software capabilities.

CEO of Cirralto, Adrian Floate, said that while the companies have been working together for the last four years through a licensing agreement, today’s merger means the businesses will now work together towards a joint future.

“This acquisition enables Cirralto to take the next step in its ambition to be a leading integrated payments provider. Appstablishment brings skilled people, know-how, IP and an established customer base.

“Cirralto has the technology to process payments and Appstablishment, a platform for creating, sharing and integrating transactions between a buyer and seller. This union will enable Cirralto to accelerate its growth and solidify the company’s position as a unique feature-based payments company with a capacity to layer revenue from all players in the value chain.”

“The alignment of our IP will enable us to transition into the company we want to be in the future and deliver smarter solutions to the market while better serving the needs of our customers and increasing returns for our shareholders,” added Cirralto CEO, Adrian Floate.

The integration of Appstablishment’s proven SaaS offering and existing customer base, combined with the company’s data migration software and established development team, will be an asset for Cirralto, and its customers, moving forward.

Director of Appstablishment, David Wood, said the merger meant his team could help more businesses streamline their process and work more effectively.

“Appstablishment has always developed great software. Since 2001, we have fine-tuned our skills in facilitating online transactions and data sharing on mobile devices. Over the years, we have built and taken nearly 20 products to market.”

“Appstablishment has spent the last four years focused on developing Spenda, a platform that delivers everything a business needs to run its operations, plus integration, data cloud EDI and payments.”

“I’m very excited that the merger is complete and the two teams can work together to deliver better outcomes for Australian businesses,” he said.

Cirralto will continue to focus on the roll-out of its SaaS and payment solutions, adding more end-users within the network and providing them with improved business efficiencies and payment practices.

Australian fintech launches “Ziksu” digital banking App

An Australian-based fintech company will launch a breakthrough QR-coded banking App which offers easy and user-friendly, fast and secure options for consumers and retailers. 

Called Ziksu meaning helpful, the App provides an instantaneous method of payment by using the easy scan of a QR code, similar to trusted, proven technology used in COVID-tracing. 

Ziksu builds on the international trend for QR-based transaction technology, a preferred consumer choice for many global economies, especially in Asia. 

For retailers, there are no ongoing cost for use of the app but a one-off payment to join.  There are no long waits for funds to clear and a helpdesk locally based that can help you when you need it.   

For consumers, it enables total self-managed and control of personal finances, with the ability to send and receive funds, split bills and request money from debtors.

For all users, it saves time, creates savings and a Helpdesk is available 24/7.  On the Ziksu app, you can access all your bank accounts held with other banks.  Users will have the ability to move and transfer their own money in the comfort of their own space.

Ziksu is totally secure and has been recognised as a financial institution connected to the Commonwealth government’s New Payments Platform (NPP). 

Its founders are all banking innovators with local and global experience.  They are experienced in fintech product development and are excited to offer their new innovations to the Australian market.  

They believe tech-savvy consumers demand advanced innovations which allows them to reach new depths and highs of the fintech world.  The app is easy to navigate for all users including that not tech-savvy. 

“Baby boomers will be delighted by its simplicity, security and speed, and millennials and digital adventurers will welcome the opportunity to ride the next wave of digital excellence.”

“Ziksu fills a huge gap in the market for a more efficient, robust and a solution that offers real-time payment settlement for businesses to operate in the now.

Ziksu will formally launch at Perth’s Optus Stadium on Wednesday, May 26th, offering Australia’s 19.6 million banking consumers and 140,000 business retailers, a whole new banking solution.

Upcoming Events
  1. October 11 @ 6:00 pm - 7:00 pm
  2. Tech Industry Collective – Connect and collaborate as a collective

    October 25
  3. Singapore FinTech Festival (SFF) 2022

    November 2 @ 7:00 am - November 4 @ 6:00 pm

Ep 2: Fintechs Acceleration of Growth Since COVID

Ep 1: The Evolution of Payments

Scaling Product Globally


Lee Hatton – Afterpay: FinTech Australia Podcast

Anthony Jones – Visa AUS/NZ

Tim Cameron – TransferWise