Five Fintechs on Friday, March 22, 2024
Dear Community,
Calling out to fintechs looking to expand your business overseas or access global events! Express your interest here.
If you are specifically going to or interested in going to Fintech Week London, in June 2024, please reach out to Stuart, Head of Community and Global Engagement.
Moving on, below are the five fintechs you need to know this Friday!
Power every AI application with permissioned data
Redactive revolutionizes AI implementation for businesses, enabling rapid deployment of AI use cases in days, not months. By eliminating the need for specialized data engineering knowledge, Redactive empowers developers to create scalable and secure AI-enhanced experiences for customers and productivity use cases for employees. With enterprise security at its core, Redactive handles data connectors, chunking, embeddings, and indexing, while respecting access controls and minimizing downstream risks. Offering pre-built data connectors, reusable authentication flows, and custom integrations, Redactive seamlessly integrates with diverse tool architectures, accelerating teams and unlocking the potential of permissioned data. Businesses can power their AI use cases no matter their architecture.
Making banking fun
Moroku uses game and data to enable financial services providers to differentiate and create value by taking their customers on a journey of money mastery.
Their mission is to become a fintech powerhouse, for banks and FinTechs to compete with, by building a contemporary digital banking system together that provides engaging financial services experiences by empowering and engaging customers around strong money habits.
Moroku provides:
On-Ramp, its proprietary design sprint methodology, to define a game based digital user experience.
Odyssey, cloud based, application engagement platform that drives the user experience.
Money, its white label mobile and internet banking and lending solutions.
Your Business Pal
PokitPal, an Australian-born rewards platform, has evolved significantly since its inception. Initially captivating university students with a range of retail offers, PokitPal now dominates the Card Linked Offers market in Australia. Having integrated with Visa, Mastercard and Australian Payments+ to access payment data and issue cashback rewards, PokitPal recently added Open Banking services to enrich the consumer experience. PokitPal’s white-label platform is being used by brands like NRMA, Suncorp, Beem, and Raiz, to reward consumers with cashback from more than 800 online and offline consumer brands like Booking.com, MILKRUN, and David Jones, which in turn use PokitPal’s platform to attract and retain customers.
Supporting Innovation
Fintech Actuator is focused on supporting innovation and creating the next generation of financial products. It is the go-to destination for startups, innovators and entrepreneurs looking to validate their ideas and learn from the market.
The 'Incubator' offers an affordable 'in a box' card payments platform, leveraging Mastercard prepaid cards on a live payments platform and allowing innovators to test and validate their ideas and create solutions ready for market.
A key outcome and benefit of the Incubator is that when you have validated and tested your idea in the market, you are ready to graduate to a complete program with Change Financial and Mastercard. This is very important as you do not need to start over again to launch!
So, if you’re looking to innovate and create the next big thing in finance, the Fintech Actuator Incubator is the place to start.
Re-architecting banking around the customer
Backbase is on a mission to re-architect banking around the customer. Backbase created the Backbase Engagement Banking Platform – a unified platform with the customer at the center, empowering banks to accelerate their digital transformation. From customer onboarding, to servicing, loyalty and loan origination, their single platform — open and frictionless, with ready-to-go apps — improves every aspect of the customer experience. Built from the ground up with the customer at the heart, Backbase Engagement Banking Platform easily plugs into existing core banking systems and comes pre-integrated with the latest fintechs so financial institutions can innovate at scale. Industry analysts Gartner, Celent, Omdia and IDC continuously recognize Backbase’s category leadership. Over 120 financials around the world have embraced the Backbase Engagement Banking Platform – including Barclays, BDO, BNP Paribas, Citibank, and more.
Five Fintechs on Friday is a fortnightly newsletter which highlights five different fintechs in Australia and is sent to 6000+ subscribers!
If you would like your company to be highlighted on Five Fintechs on Friday, please submit your company’s information through this form!
