Melbourne-based Expense Check has raised $4m and changed its name to Kanopi, as it tries to expand its products and launch into the lucrative US market.
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The 10 Australian Fintech Startups That You Need to Know About That Will Hit the Virtual Stage at Demo Day Next Month
There are over 800 Fintech companies in Australia tackling the challenges of the $196B domestic financial services industry. Australia has the 8
th largest pool of managed funds in the world and its major four banks consistently rank amongst the world’s most profitable. The wealthy island nation is a fertile ground for innovation from within, with the nation’s populace serving as an engaged group of early technology adopters, which has led to great success for Fintech, Regtech, Insurtech, and Big Data startups. Recognizing the importance of innovation in the sector, the government has prioritized fintech, investing in open banking and digital identity technology and supports an agile regulatory environment. This burgeoning Fintech ecosystem is now ready to showcase some of the leading Fintech innovators in Australia to the rest of the
Undoubtedly, the Covid-19 pandemic and resultant lockdowns crippled the South African economy. For months, various sectors battled to stay alive due to various restrictions. Even now, the tourism and alcohol industry – to name a few – are still trying to bounce back from last year. But, as Mike Schussler writes below, the South African economy was in a spot of bother even prior to the Covid-19 pandemic. While he says that the country should see some bounce back, the economy is in deep trouble. – Jarryd Neves
By Elize Kruger and Mike Schussler for Brenthurst Wealth
GDP is either produced or consumed, and that is how it is measured too. Production cannot happen if consumption does not occur, and consumption needs products and services to happen.
Greenstone mandates Goldman Sachs for review; CDPQ stake eyed
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Insurance seller and one-time initial public offering candidate Greenstone has launched a strategic review that will consider exit options for the groupâs private equity investor, Canadian giant CDPQ.
Street Talk can reveal Greenstoneâs owners, South African insurer Hollard and CDPQ, have hired investment bank Goldman Sachs to review the business and funding options for its next leg of growth.
Real Life Insurance is one of Greenstoneâs brands that sells insurance products. Â
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The review is expected to consider parties that could take CDPQâs place on Greenstoneâs share register. The Canadian pension fundâs private equity team acquired a 44 per cent stake in Greenstone in 2016, soon after Hollard cancelled plans to list its Australian business on the ASX-boards.
14 December 2020 - Wits University
Almost 10 000 students graduate from Wits in 2020.
“You represent hope for a nation, you demonstrate that it is possible to overcome and to achieve, despite the odds. You provide hope for society. You have the ability to heal the divides of our fractured past so that we come together as a country and a collective humanity. You are on the frontlines of creating a global academy of commons, and producing world-class science, technology and innovation to solve our transnational challenges be it COVID-19, climate change, inequality, renewable energy or social and political polarisation. You have the ability, in this historical moment, to use your scholarship to help build bridges of solidarity and to heal our fractured world,” says Wits Vice-Chancellor and Principal, Professor Adam Habib.