finder fintech roundup: Moneytree, ASIC, CommBank and a fintech map

Elizabeth Barry 25 June 2017 NEWS


Australia's national fintech ecosystem is mapped out and Moneytree launches in Australia.

The latest news in financial innovation in Australia from the past week.

Personal finance app Moneytree launches in Australia

Japanese award-winning fintech app Moneytree has launched in Australia this week. The app was started in 2013 and gives consumers access to all of their financial data, from their super to their home loan, in one place.

New map reveals Australia's fintech strengths

FinTech Australia, the national industry body for Australian fintech, has released a map showcasing the country's innovation ecosystem and revealing where our industry strengths are. Consumer and business lending along with wealth and investment are Australia's two largest fintech sub-sectors. See the full map here.

Japan and Australia come together under new fintech framework

The Australian Securities and Investments Commission (ASIC) has added Japan's Financial Services Agency to its growing list of international Cooperation Agreement partners. The agreement, similar to previous agreements, will allow the two bodies to refer innovative businesses to one another as well as share information.

CommBank launches kids banking app

The Commonwealth Bank has launched a CommBank Youth App this week in a bid to help parents teach their children vital money skills. The app is the first of its kind in Australia and will let kids log in to check their balance and transfer money, while parents can monitor the account through their own CommBank app.

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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