Five Fintechs On Friday – September 09, 2021

The Finnie Awards is going virtual again! We are excited to bring everyone together for the evening on October 13, 2021 (5:45 pm – 7:00 pm AEST) to celebrate the many successes in the Australian fintech industry! Register now via the following link for your chance to win a gift box! Register Now

But first, news from the industry…

Major partnership deals in the recent days with Volt Bank partnering with BTC MarketsButn with Ola Ride SharingBano with Nium and Trade Ledger with ScotPac. Capital also raised by Open Insurance and Azupay! And lastly congratulations to Link4 for the Treasury contract and Swyftx for launching in NZ.The industry comes together to talk about debanking and cryptocurrencies among other key challenges in the Senate Select Committee public hearings.

Below are five fintechs we shortlisted for this fortnight

Sandstone

Sandstone Technology is a global FinTech providing comprehensive origination and digital banking solutions for financial institutions across Australia, New Zealand, Asia, and the United Kingdom. For the past 25+ years, Sandstone has been creating flexible, robust, end-to-end solutions that simplify onboarding, loan origination, retail banking, and AI & ML powered Intelligent Document Processing. When it comes to future-proofing your business and building the capability to grow in the most efficient and compliant way, you’re in safe hands with Sandstone. We are proud of our exceptionally strong track record in de-risking and delivering complex transformation programs, and our deep domain expertise in dealing with local industry regulations makes us the transformation partner of choice.

SplitOff

SplitOff is a Sydney based company providing a payment method that allows multiple people to pay for one order or bill. It delivers a better customer experience across e-commerce and utility sectors and gives businesses a way to combine the power of multiple people paying together within a single transaction. SplitOff eliminates the hassle of splitting mutual payments completely. As a result, businesses get lower customer acquisition costs and competitive advantages in the saturated markets such as sharing accommodations, food or drinks delivery and online gifts. SplitOff: co-payments are made simple.

Spenda

Spenda delivers an integrated digital platform that manages transaction flow from quote to pay and on-demand lending. Ultimately, by improving how businesses trade and get paid, Spenda’s solution enables businesses to transform with fast, error-free digital efficiency and aims to boost cash flow across the entire supply chain. Spenda is a core product of Cirralto Limited, an ASX listed company with over 20 years’ experience in delivering B2B payment services, digital trading software and integrated solutions. For more information, please visit www.spenda.co.

NUAI

NUAI is an innovative Artificial Intelligence company that provides customised, flexible, and scalable AI solutions to empower startups and businesses. Whether you build AR/VR, self-driving cars, blockchain, mobile apps, and robots, or want to turn your data into a powerful selling machine with chatbots, personalised recommendations like TikTok and Netflix. We also help to protect your business with fraud detection or continuous identity verification. NUAI specialised in business-centric AI algorithms and models in Automated Machine Learning, Computer Vision, Natural Language Processing, and much more. You can break the pattern of manual labor, navigate the unpredictable future with NUAI’s Artificial Intelligence.

Lensell

LENSELL® is the Global Platform for Corporate Performance Democratisation. Using standardisation, data analytics and AI technologies LENSELL streamlines the communication between investors and corporates. It provides users with a suite of innovative applications that make reporting and accessing corporate performance data and insights (financial and non-financial) a breeze – fast, easy, and very affordable. From digital financial reporting using international business standards to unique investment planning and pollution awareness applications, LENSELL arms investors with innovative tools they can use to make better informed decisions with confidence.

Check out our previous issues here!

Upcoming Events
  1. Money 20/20 Europe

    September 21 - September 23
  2. Fintech Australia / AWS Fintech Megatrends Webinar

    September 30 @ 2:00 pm - 3:00 pm
  3. Finnies 2021

    October 13
Videos

Ep 2: Fintechs Acceleration of Growth Since COVID

Ep 1: The Evolution of Payments

Scaling Product Globally

Podcasts

Lee Hatton – Afterpay: FinTech Australia Podcast

Anthony Jones – Visa AUS/NZ

Tim Cameron – TransferWise