Five FinTechs on Friday, October 31, 2025
Hi FinTech Australia Community,
Happy Friday!
We are looking forward to a couple of events coming up in the next few weeks:
Roundtable with Block executives: The Future of Payments and the Role of Open Source on November 11. Submit EOI here to secure your place.
WeMoney is hosting The WeMoney Financial Wellness Summit on November 3. For 20% off, use code: WEMONEYPARTNER20
Here are the 5 fintechs you need to know this fortnight 👇
The easy way to get paid
GoCardless is a global bank payment company trusted by nearly 100,000 businesses across 30+ countries, from start-ups to household names, and processes over US$130bn annually.
GoCardless recently released the latest edition of its Pursuing Payments report, revealing the devastating impact late payments are having on small and medium businesses (SMBs) in Australia and New Zealand.
77% of SMB decision-makers in ANZ believe late payments are now an inevitable cost of doing business – some even reporting estimated losses of over $10,000 per month on average.
GoCardless helps to remedy this growing crisis by helping customers collect both recurring and one-off payments, without the chasing, stress or expensive fees.
Fast, Flexible Loans
Beforepay is an ethical-lending fintech, operated by Beforepay Group (ASX: B4P), dedicated to empowering working Australians with transparent and affordable access to funds. Founded in 2019 to disrupt predatory payday lending practices, Beforepay provides Aussies with short-term loans that help them bridge temporary cash shortfalls.
Beforepay uses advanced technology and credit risk modelling to conduct real-time risk assessments for every loan. This enables the origination of over 40,000 loans per week with minimal human intervention, while maintaining low defaults.
Beforepay recently won the Financial Services category of the 2025 Australian Growth Company Awards. This follows a record-breaking quarterly profit and a 19% increase in advances on Q1 FY25.
Global Opportunities for Global Investors
LENSELL Marketplace is a category led gateway that connects investors and wealth professionals with vetted global specialists across advice, tax, reporting, and valuation. Organised by need and geography, it accelerates cross-border investing. Built to complement Diversiview and TableBits, it streamlines the path from research to allocation across major markets for disciplined global diversification. Early adopter listings are currently open without any fees. Get listed and be discovered by a global audience.
Make business simple!
Zii is an Australian technology company providing an all-in-one Point of Sale (POS) and digital business management platform tailored for small to medium-sized businesses.
Zii's solutions go beyond payments by integrating sales, inventory, reporting, loyalty, and customer engagement into one seamless ecosystem. With a strong local R&D team, Zii focuses on innovation and automation to simplify daily operations, improve efficiency, and unlock growth opportunities for our partners. ZII serves a wide range of industries including food & beverage, retail, and services, helping business owners adapt to digital transformation with scalable, future-proof tools.
As an IT hub, Zii connects businesses with payment, marketing, and customer solutions, empowering them to compete and thrive in an increasingly digital economy.
Wych - Open Banking Made Easy
With accredited open data services in Australia and strategic partnerships in New Zealand, Wych is driving the adoption of open banking and open data across Australasia.
Its end-to-end, holistic Open Banking platform enhances financial lives in Australia and New Zealand, delivering a ‘triple-threat’ across data recipients, data holders, and data holder testing.
As a small, but increasingly mighty, powerhouse Wych now numbers Tier 1 banks in both AU and NZ (including Kiwi Bank), large non-bank lenders, fast-moving innovators in the Fintech space and small startups embarking on their Open Banking journey as clients.
This week Wych announced partnerships with Loan Options.ai and One Click Life as they continue their mission to create a fair, faster financial world for all consumers.
Five Fintechs on Friday is a fortnightly newsletter which highlights five different fintechs across Australia, delivered to over 7000 subscribers!
Want to see your company featured? Submit your details via this form to be considered for an upcoming edition.
