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finder fintech roundup: Facebook, Splitr, Goodments and Xpress Super

Posted: 10 July 2017 11:00 am

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There's a new app for ethical investments and Facebook payment technology might be coming to Australia.

The latest developments and news in fintech from the past week.

A new socially conscious investment app is coming to Australia

Sydney startup Goodments is trying to make it easier for Australians to invest in sustainable, ethical businesses. The app matches people to businesses that align with their personal social, environmental and sustainable values. It's currently running a crowdfunding campaign to raise capital.

Will small businesses be left behind by technological innovation?

A new report released by MYOB found that 17% of businesses anticipate no technology-driven change over the next 10 years. The same percentage said that they struggled to keep up with the pace of change in their industry. Innovation is coming for every industry – what can businesses do to not get left behind?

This app can help you split almost every bill

Splitting bills, whether out at a restaurant or between housemates, can be tricky and awkward. Splitr is aiming to change this using technology similar to that used in self-driving cars. By taking a photo of the receipt or household bill, the app calculates the total and lets you split it quickly and easily between a group.

Is Facebook Messenger payment technology coming to Australia?

Facebook has won a patent in Australia to allow it to offer peer-to-peer (P2P) payments on its Messenger platform. However, no official plans to launch the payments service in Australia have been announced by the social media giant yet.

Xpress Super and RateSetter announce partnership

Self-managed superannuation fund administrator Xpress Super has announced a partnership with P2P lender RateSetter. The partnership will allow self-managed super fund (SMSF) investors to have direct access to their RateSetter account via the Xpress Super platform, thereby making it easy for them to lend to creditworthy borrowers.

The finder fintech roundup is a summary of the news in fintech from the past week. Check back every Monday to catch up.

Picture: Shutterstock

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