Five Fintechs On Friday - June 24, 2022

The new edition of the five fintechs on Friday is here!

Firstly, thank you all for attending Australia's most prestigious fintech awards Finnies 2022. It was great to have leaders and industry stalwarts gather under one roof. We congratulate all the winners for their accomplishments and thank all the sponsors for their support. For more information on the winners, visit here News from the industry... FinTech Australia signed up five new major corporate partners, securing a total of 11 partnerships within the past five months. Zai waives PayTo fees, saving Australian businesses thousands of dollars. TreviPay Helps Compaynet Power B2B Trade Credit

Below are five fintechs to know about this fortnight!

Amfin

Amfin is one of the fastest growing Finance Companies in Australia. They however, would call themselves a customer experience business first – they just happen to solve their challenges or meet their needs through finance products. Since their inception in 2017, they have secured exclusive asset finance partnerships with industry leading organisations, accounting for approximately 40% of the total mortgage broker market. Amfin provides streamlined asset and cash flow finance in the consumer and commercial space as well as asset sourcing, insurance and commercial property solutions. Combined with a personalised application process, product matching technology and client portal, their experienced team have helped tens of thousands of clients to purchase assets and secure funding to help grow their businesses. Amfin's mission is simple; to deliver a customer experience like no other.

BankiFi

BankiFi is a technology company that enables banks to reimagine business banking and help small business customers to thrive. BankiFi’s platform seamlessly connects to multiple sources of financial data, can be white-labelled and is ready to go “out-of-the-box.” It transforms the bank channel into the go-to place for businesses to manage their financial needs. Small business customers can get a complete picture of their finances and use their mobile or internet banking service for bookkeeping, invoices, payments, collections and setting aside tax – not just checking an account balance. The result is “embedded banking” and it’s a powerful win/win for banks and their small business customers.

Ebonex

Ebonex is a newly launched Crypto exchange dedicated to creating a seamless trading experience for Australians. Ebonex prides itself on being customer centric, secure, and transparent. Ebonex is committed in ensuring that all Australians have equal opportunity in understanding it and leveraging it. Women, people of colour and those who have a lower socio-economic status, were never included in previous financial institutions. As a result, they were unable to profit from it and when these institutions dictated social structures, their voices and needs were not considered. Ebonex is here to ensure all Australians know, because knowledge is power and power, should be equally accessible.

Think and Grow

Think & Grow are partners for bold technology businesses, helping tech startups compete globally in a world of rapid change, with a variety of services targeted for different stages and the people-side of growth. These services include Retrained (a digital upskilling and people-focussed program), Advisory (growth consulting), Land & Expand (international expansion) and Talent (exec & board search + onsite). Think & Grow was born to provide support to the ecosystem we identified as missing to help Australian businesses scale globally, and have worked with a number of early to high-growth Australian Fintech companies such as Zepto, Unhedged, Afterpay, Zip, Banxa, 1derful, Immutable, and have brought companies like GoCardless, Square and Stripe to Australia.

Nano Digital Home Loans

Nano digital home loans is a technology company that is disrupting the lending industry with a fully end-to-end digital home loan. Nano offers refinancers and property buyers full approval in minutes, not weeks, eliminating the stress and anxiety that comes with waiting for home loan approval. Since their launch in June 2021, Nano has achieved Australia’s record fastest home loan approval in less than 10 minutes, and just last month, announced that their technology will also power AMP Bank’s digital mortgage.

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Check out our previous issues here!