finder fintech roundup: Risky investments, home as work and digital transformation

Elizabeth Barry 25 November 2016 NEWS

reading about fintech

This week saw revelations from some of Australia's biggest organisations and newly released reports.

Reinventure, Macquarie Bank, Microsoft and insurtech company Trōv have provided us with some fascinating insights in the fintech space this week.

Reinventure says half of its investments should be wrong

Fintech investment fund Reinventure is seeking riskier investments following a fresh round of funding from its largest backer, Westpac. "The greatest risk as a venture capitalist is that you don’t take enough risk,” co-founder Danny Gilligan said.

New report reveals the majority of Australians consider home as their work

A report by insurtech company Trōv has shown the pervasiveness of the freelance and gig economy, with 31% of Australians considering their home as their primary place of work.

"Test and learn" key for digital transformation in Australia's organisations

A report from Microsoft, which is based on 30 in-depth interviews with leaders of Australia's largest organisations, has given insights into how these organisations go about digital transformation.

"Banks don't normally do that": Macquarie Bank's new fintech approach

At a fintech event in Sydney this week, Macquarie Bank has explained the fintech approach it took when developing its new transaction account, which is currently in beta phase.

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

Image: Shutterstock

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