finder fintech roundup: KPMG, ANZ, Gumtree and PayPal

Elizabeth Barry 24 July 2017

startup

VC investments hit $230 million and ANZ opens its first Brisbane cashless branch.

It's been a busy week in fintech.

KPMG: VC investments hit $230 million and Australian startups are reaping the benefits

The quarterly venture capital (VC) trends report published by KPMG shows VC investment in Australia has hit a near-record $230 million in Q2 2017. Head of KPMG Australia's high growth ventures Amanda Price said the data shows investment in Australian startups is growing significantly with fewer, but larger, deals.

ANZ now has all the payment things, but will customers care?

Following the announcement from ANZ that it has made Samsung Pay available across its credit and debit card range, Angus Kidman examines what that means to consumers.

Gumtree launches PayPal peer-to-peer payments

Gumtree celebrated its tenth birthday with a rebrand, new design and an expansion of its payments options. The Australian buy, swap and sell site will now allow customers to select PayPal peer-to-peer as a payment method, offering increased security for the buyer through protection cover.

ANZ opens its first Brisbane cashless branch

ANZ has opened a new cashless branch in Brisbane's CBD this week, the seventh cashless branch for the bank since opening its first in Bondi Junction in March 2016. As the cashless branches continue to roll out, we look at how ready Australia is to give up our cash.


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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