Saturday, February 4, 2023

First AML hires ex-Adyen executive Sam Halse as Chief Operating Officer

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Halse joins First AML after previously helping build the global Fintech company Adyen, where he held multiple roles and spent the last five years as the global Chief Operating Officer (COO). Halse played a significant role in the growth of the business, helping take it from 30 people when he joined to over 1200 people and a public company valued at EUR 20 billion.

Spend management solution Payhawk expands into the US

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Payhawk, the spend management solution with a presence across the UK and Europe, officially launches in the US. The unicorn has opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and the US. The US launch is a key part of Payhawk’s expansion strategy, after a record year of growth that has seen its revenue grow 524%, and its employee headcount 250%, year to date.

Moove raises £15 million financing facility from Emso Asset Management

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Moove, the mobility fintech and Uber’s largest vehicle supply partner in EMEA, has raised £15m in financing from Emso Asset Management to scale up its United Kingdom operations. Moove launched in London in August with a 100% electric vehicle (EV) rent-to-buy model that provides access to brand-new, zero-emissions vehicles to mobility entrepreneurs for a flat weekly fee. The new financing facility will enable Moove to scale up to 10,000 vehicles by the end of 2025 and become the largest EV partner on Uber’s platform in London.

Cross-border payments firm Alipay+ reveals a surge in merchant coverage

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Alipay+, provider of cross-border digital payment and marketing solutions, announced its merchant coverage has more than doubled to 2.5 million, as it works on connecting businesses to multiple digital payment methods by collaborating with acquirer partners. The payment methods merchants can adopt through one-time integration has reached 15, so that they can tap over 1 billion e-wallet users and unlock the consumption potential of the mobile-savvy consumer. Angel Zhao, President of International Business, Ant Group, shared the vision of Alipay+ and its latest developments at the Singapore Fintech Festival (SFF).

WLTH and Nectar Mortgages deal allows brokers to offer low-cost loans 

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Digital company WLTH has expanded its broker network by announcing a new partnership with franchise brokerage, Nectar Mortgages. This new collaboration will see WLTH’s suite of lending products be made available to a network of over 110 brokers which could mean a potential $300-$500m in extra annual lending for the Brisbane-founded company. 

Whispir announces a partnership with flexible payment platform Everyware®

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Whispir Limited, a global communications intelligence company that supplies a no code, Communications-as-a-Service (“CaaS”) platform, has announced its partnership with Everyware® to provide secure, reliable Pay by Text options to Whispir customers. The partnership will offer faster cash collection and seamless commerce via SMS messaging.

NFT trading volumes hit over $400 million in 30 days with 17,000 average daily...

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The highest daily trading volume was on February 22, 2021, at $64.20 million. Over the same period, the NFT marketplace recorded an average of 17,766 daily traders

Australians can now buy shares in Beer Cartel, the largest beer store

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While buying shares in Beer Cartel will probably give you bragging rights to your mates, our 100,000 loyal customers and 12 years of successful online retailing proves we mean business.

Aussie crypto enthusiasts believe inflation will be a real problem

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While inflation figures in Australia have remained relatively low during the pandemic, Consumer Price Index (CPI) for the June quarter 2021 saw an increase of 0.8%, taking the 2021 increase to 3.8%. This brings the topic to the fore of our discussions about our performance.

Airwallex has been inducted into FinTech Australia’s Hall of Fame

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The Finnies recognises and rewards outstanding fintech companies within the Australian Fintech community. Airwallex was one of only two companies to be inducted.