Five FinTechs on Friday – February 19, 2021

Five exciting Fintechs this Friday includes a B2BC Personal Credit Platform and API, a platform for eliminating paper receipts, a lending platform to SME inventory-merchants, a Cloud native core banking provider and a next generation insurance company.

Check them out below!

Don’t forget to apply for the Finnies Awards 2021 and have the chance to be recognised amongst the most innovative Australian companies that are disrupting the fintech industry.


Monevo is a B2BC Personal Credit Platform and API that operates in the UK, US, Poland and Australia.
Monevo provides the infrastructure, technology, decisioning and relationships to facilitate a highly complex global personal credit marketplace that is growing rapidly.
Monevo powers personal credit comparison and search for some of the world’s leading financial services brands. Its API and white label solutions empower Partners to offer their customers personalised credit offers from Monevo’s integrated network of lenders and banks.
Monevo is used by over 100 lenders and banks globally to distribute personal loans and credit cards.


1receipt® is a novel platform for eliminating paper receipts and issuing, storing, retrieving and managing shopping receipts through smartphone app. Unlike others, with 1receipt®, shoppers won’t need to share any personal information (email, phone number, bank account, …) with other parties. Using 1receipt® platform shoppers can easily and securely receive their shopping receipts by scanning an exclusive barcode on their phone at checkout point.

Also retailers can transform the traditional in-store customer experience into meaningful relationships by sending “targeted promotions” based on shoppers’ shopping habits via push notification.
1receipt® also allows users to consolidate their different membership cards.


COGSflow provides growth lending to SME inventory-merchants. Combining technology with regular human touchpoints, COGSflow seeks to share risk with entrepreneurs and help them control their own destiny. Formed in 2020 from the award winning consultancy Red Hat Impact, COGSflow has placed its first loan and identified a further $1m underwriting opportunities with its closed-beta merchants.
“Covid exposed the appetite for SME borrowers to seek higher-quality, lower risk alternatives to existing finance solutions” says David Carbines, COGSflow Co-Founder and CEO. “We work alongside entrepreneurs to achieve their growth plans.”

Follow COGSflow on LinkedIn


UpSure is a next generation insurance company that helps tech companies get the right coverage fast; with a particular focus on Fintech in recent months as it can be tricky to get right. Their team comes from a mix of tech and insurance backgrounds and in addition to our core business they work with key clients to create embedded insurance for their end customers. They are based in sunny Brisbane but work with clients all around Australia, and happy to cosponsor events, podcasts and other grassroots initiatives that help grow Aussie fintech so please feel free to reach out.

Thought Machine

Cloud native core banking provider Thought Machine has officially launched in Australia with offices in Sydney and Melbourne following the opening of its Singapore office in 2019. Thought Machine solves the banking industry’s primary problem: outdated and increasingly expensive cores crippling the ability to innovate and support leading-edge customer experience. In 2020, Thought Machine created 150 new roles, secured USD$125m in funding and appointed ex-HSBC Group COO Andy Maguire as its new Chair. Thought Machine’s clients include Lloyds Banking Group, Standard Chartered Bank, Monese, Curve and TransferGo with more customer announcements due in Europe, North America and APac.


Upcoming Events

There are no upcoming events at this time.


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