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AFG s bottom line hit by Volt closure

The aggregator has confirmed a “strong” position in its financial results for 2022, however indicated losses incurred due to the Volt cessation. The ASX listed company, Australian Finance Group L

Goldman Sachs-funded fintech Timelio in recap, founders depart

Timelio, the fintech backed by a $200 million Goldman Sachs funding line, has raised $7.5 million of capital via a rights issue, while its two founders Andrew and Charlotte Petris have left the company.

Marketing tech business and IPO hopeful Metigy hits the skids

Five V Capital talked up Metigy’s prospects as an Australian technology sector unicorn with a valuation at $1 billion, according to a presentation given to its investors in May. 

Volt returns money to customers

Volt Bank has handed back more than 5000 customer deposits as it exits the banking industry. The neo-lender announced last month it was closing its deposit-taking business and returning its banking l

Wayne Byres true legacy test lies ahead

Wayne Byres will stand down from APRA in October after leaving his mark on the banking system. But his legacy will be stress-tested in the present housing downturn.

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