Raiz sees growth as FUM nears $465m
Raiz Invest Limited (ASX: RZI), Australia’s largest, mobile-first financial services platform, has reported FUM now sits at $464.67 million.
Aussie fintech investment up 252%
Investment in Australia’s fintech sector “smashed previous records” last year, jumping up to $2.9 billion according to data from KPMG.
How does cryptocurrency work?
About 25 million people around the world use bitcoin, a type of cryptocurrency that lets consumers buy goods and services, or trade their coins for a profit
Fintech fundraising grew strongly in major markets in 2019, Accenture
Investment in fintech has risen sharply in most major markets in 2019, led by the US and UK and emerging economies such as India and Brazil: Accenture
Aussie blockchain startup Power Ledger wants changes to ICO tax rules
Blockchain startup Power Ledger executive chairman Dr Jemma Green asked that more consideration be given to allowing ICOs to operate in Australia.
Another billion-dollar year for investment in Australian startups in 2019
Australian startups saw a continued rise in venture capital funding in 2019, rising to US$1.145 billion, up from US$1.033 billion in 2018 according to KPMG
ASIC gives Raiz the all clear for retail Bitcoin fund
Fintech Raiz has jumped the final legal hurdle to enable it to go full steam ahead for its retail Bitcoin fund, after ASIC gave it the go ahead.
Kraken acquires Australian cryptocurrency exchange
San Francisco-based cryptocurrency exchange Kraken is expanding into Australia via the acquisition of a domestic crypto exchange.
