Weekly Summary ending 29/10/23

The news keeps on flowing in fintech - milestones, key hires, product launches, quarterlies...

• Sydney based investment platform Blossom App announced that they now have >$40m under management.
• Betashares has announced the launch of Betashares Direct, the new investing platform designed to help self-directed investors build wealth. With Betashares Direct you can invest in any ETF traded on the ASX with zero brokerage.
• Zip Co announced their Q1 FY24 results - Group revenue $204.4m up 31.9% YoY and transaction volume $2.3b up 11% YoY.
• Bendigo and Adelaide Bank owned Up launched a campaign "Commit. A Bit" in regards to their 2-UP Player Banking ...Joint accounts re-imagined.
• NRMA Insurance are launching Mortgages in partnership with Tic:Toc, Firemark Ventures & Bendigo and Adelaide Bank
• Fintech and Payments recruitment firm, PaySearch , is conducting its annual Fintech Salary Survey.? The survey covers?a broad section of job titles central to Australian Fintech & Payments. It?also looks at bonuses, equity, benefits and work culture.? Link here
• Superhero , the fintech and wealth management platform announced key hires - Kimberly McAvoy, former Head of Superannuation Projects at Vanguard Australia has joined as Head of Strategic Projects , Gabriella Donnelly now leads Superhero’s superannuation operations Karen Arndell, former Head of Product Operations at HUB24, is set to join Superhero to lead customer operations across both Australia and New Zealand.
• Carolyn Breeze GAICD joined me once again (been a couple of years between chats) on the Bank to the Future 2.0 Interview by Morgans Financial Limited. https://lnkd.in/g8FGFk9f
• Biza.io announced that their newest energy customers (all 9 of them) have passed the ACCC's Conformance Test Suite and are doing final checks for production go-live.
• ASX listed Butn announced their quarterly with originations at $124.1m and revenue of $3.4m (record) .