2024 is predicted to be a challenging year for payment fintechs in Australia, with startup corporate and business card issuers likely to fail with little value left, according to Brad Kelly, Managing Director at Payment Services. Kelly also stated that unprofitable fintechs may look to consolidate in order to reduce costs, as funding becomes scarce.
Neobank Dave has agreed to pay $71 million to liquidators of the now-bankrupt exchange FTX by acquiring a convertible promissory note from FTX Ventures. The […]
Atul Bhuchar, Head of Product at global unified ledger market infrastructure company Partior, has shared his views on how distributed ledger technology (DLT) and smart […]
The EU’s digital finance strategy and proposal for open finance has led to new strategies and business models being adopted by market players. COVID-19 has […]