For women,by women:Sunroom seeks to revolutionise the creator economy

For women,by women:Sunroom seeks to revolutionise the creator economy

The Australian-led app Sunroom is pitching itself as an alternative to TikTok and Instagram,with a specific focus on creators who operate in the body positive and sexual wellness space.

  • byAmelia McGuire

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Financial crime fighter FrankieOne plots global expansion after funding win

Financial crime fighter FrankieOne plots global expansion after funding win

The financial crime prevention start-up,which counts three of the four major banks and Afterpay as customers,has just opened an office in Seattle and has its eyes set on London and Singapore.

  • byCharlotte Grieve
APRA launches investigation into Xinja’s capital raising tactics

APRA launches investigation into Xinja’s capital raising tactics

The prudential regulator has issued orders to investors to provide all correspondence and records with Xinja over a 14-month period that spans the fintech’s controversial $433 million Middle Eastern deal that was used in marketing material yet ultimately never materialised.

  • byCharlotte Grieve
Woolworths-backed online health startup Eucalyptus gets $30m shot in the arm

Woolworths-backed online health startup Eucalyptus gets $30m shot in the arm

Online health startup Eucalyptus has locked in a $30 million funding round from a bevy of high-profile US and Australian investors.

  • byDominic Powell
How FrankieOne founder Simon Costello’s failed neobank led him to success

How FrankieOne founder Simon Costello’s failed neobank led him to success

The entrepreneur wanted to shake up the banking industry by building a neobank. Now,he’s changing banking for the better in a new way.

  • byCharlotte Grieve
‘We did very very poorly’:Airwallex vows to improve culture amid staff survey backlash
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Fintech

‘We did very very poorly’:Airwallex vows to improve culture amid staff survey backlash

Airwallex scored a negative result in a survey that measures job satisfaction across its compliance and legal operations.

  • byCharlotte Grieve
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Xinja CEO to leave after $433m Middle Eastern deal dies

Xinja CEO to leave after $433m Middle Eastern deal dies

Xinja’s CEO is leaving,its ditching plans to launch Dabble and has drastically downsized its team until it figures out a way to bring money in the door.

  • byCharlotte Grieve
Airwallex banks with ANZ,despite NAB and Citi rejection
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AUSTRAC

Airwallex banks with ANZ,despite NAB and Citi rejection

ANZ provides banking services for fintech Airwallex,despite it being rejected by two major lenders and it onboarding clients that violate an ANZ policy banning remitters.

  • byCharlotte Grieve
‘Denied’:NAB,Citi pulled banking services from fintech unicorn Airwallex over risk fears
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Fintech

‘Denied’:NAB,Citi pulled banking services from fintech unicorn Airwallex over risk fears

Two major lenders have rejected the celebrated fintech over concerns it was high-risk due to suspicious payments patterns and hard-to-identify customers.

  • byCharlotte Grieve
Xinja needs $5 million to launch new products,faces investor pushback

Xinja needs $5 million to launch new products,faces investor pushback

The fallen neobank needs more money to launch new financial products aimed at Millennials but shareholders have been warned the company could yet go under.

  • byCharlotte Grieve
‘Gun at their head’:Xinja shareholders call for more options
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Fintech

‘Gun at their head’:Xinja shareholders call for more options

Xinja shareholders have been asked to vote on two options for the neobank’s future. But now a group is calling for a third option that involves retaining its banking license.

  • byCharlotte Grieve