Fintech
News about fintechs, start ups and innovative ideas in the payments space
Cash
+3
Feb 4, 2026
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Alan Townsend appointed CEO of EFTEX
Australian-based payments services provider EFTEX has announced Alan Townsend as their new Chief Executive Officer.
Fintech
+1
Feb 4, 2026
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Binance deposits play unplugged
Just two weeks after embattled crypto exchange Binance re-launched direct dollar deposits and withdrawals via PayID and bank transfers in the Australian market, the service appears to have been switched off.
Fintech
+2
Feb 4, 2026
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Growing pains. Square wants scheme regulation as it expands market focus
The US-based group is celebrating 10 years in the Australian market and says more regulation is needed on card schemes as it shifts gears to chase bigger merchants.
Fintech
+1
Feb 4, 2026
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LemFi aims for booming Australian remittance market
LemFi is launching remittance services to Australian residents – firmly targeting what it says is one of the world’s fastest-growing and most important outbound remittance markets, worth $56.6 billion.
Fintech
+2
Jan 28, 2026
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AUSTRAC audit clouds Airwallex IPO and highlights cross-border regulatory risk
The planned float of Australian fintech Airwallex has been thrown into doubt after AUSTRAC ordered an independent audit over concerns its payments systems may be failing to detect serious financial crime, including child sexual exploitation — sharpening investor focus on governance and bank relationships.
Fintech
+1
Jan 28, 2026
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Banking Circle zeros in on fintech with NPP commitment
New-look Banking Circle Australia is bolstering its fintech play to compete directly with Cuscal - firmly backing in its commitment to the New Payments Platform (NPP), including cross-border payments.
Fintech
+1
Jan 28, 2026
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Now processing $3.7 trillion - Global Payments acquires Worldpay
Global Payments is the new payments behemoth – emerging from its integration with Worldpay processing a combined 94 billion transactions a year.
Fintech
+1
Jan 21, 2026
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Azupay PayID option now available to Scoot customers
Australian payments tech Azupay has partnered with Singapore Airline’s low-cost subsidiary Scoot, allowing Australian customers to access PayID as a new payment option for account-to-account transactions at checkout.
Fintech
+3
Jan 21, 2026
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Square using machine learning and AI to cut off illicit tobacco
While a group of payments providers are actively working to help stop criminals, others appear to be sanguine, with well-known terminal providers still very visible in illegal tobacco and vape stores.
Fintech
+1
Jan 21, 2026
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Teething issues as embattled Binance bounces back with PayID via Bano
Embattled crypto exchange Binance Australia is again offering direct Australian dollar deposits and withdrawals via PayID and bank transfers - but customers say there are teething issues.
Fintech
+1
Jan 21, 2026
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Thredd and Paywith power grocery loyalty and rewards on prepaid
Thredd is partnering with Sydney-based payment orchestration platform Paywith to launch a new prepaid card program for loyalty and rewards with a “large Australian grocery retailer”.
Fintech
+1
Jan 14, 2026
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Banking Circle wants to help paytechs move in and out of Australia
Banking Circle Australia sees its international experience and overseas market know-how as a key differentiator as it moves to tackle its market rival, Cuscal, head on in 2026.
Fintech
+2
Jan 14, 2026
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Merchant Warrior takes on Asia with Nomupay partnership
Brisbane-based payment gateway Merchant Warrior has announced a partnership with global fintech Nomupay to bring its platform to customers in Hong Kong, Thailand, Malaysia, and the Philippines.
Fintech
+2
Jan 14, 2026
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Strapped for cash? Sports sponsorship payments influence that never shows up in the register
The major card schemes and big banks are ubiquitous in their sponsorship of Australia’s major sporting codes and events but hide behind the sporting codes administrators as they wield influence.
Fintech
+1
Jan 14, 2026
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Wisr and partners test tokenised assets within RBA’s Project Acacia
Sydney fintech Wisr has teamed up with NotCentralised, Redbelly Network and AMAL to demonstrate how tokenisation can simplify and streamline access to capital markets.
Fintech
+2
Dec 17, 2025
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Airwallex takes on Square, PayPal, Stripe and Adyen with global omnichannel POS play
Aussie-born payments outfit Airwallex is about to venture into the POS terminal market globally, with a slick new machine to take on big players like Square, PayPal, Stripe and Adyen in 2026.
Fintech
+1
Dec 17, 2025
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BECS 2030 closure abandoned as industry develops roadmap
After a lot of noise in the market and a damning risk assessment from the RBA, the industry has finally ditched the 2030 BECS closure date. No new date will be nominated until the industry can demonstrate it has overcome a number of hurdles such as reach, resilience, cost and a shared vision for A2A.
Fintech
+4
Dec 17, 2025
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Blockley hangs up his payments consulting hat
After 37 years of consulting for some of the nation’s biggest banks and global card schemes, the big end of town’s gun for hire Lance Blockley is hanging up his hat at The Initiatives Group (TIG) and passing on the mantle.
Fintech
+1
Dec 17, 2025
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Christmas shoppers fund climate and biodiversity projects and deliveries boom
Australian fintech Sphere for Good and New Zealand’s HealthPost’s partnership has seen Flora & Fauna online shoppers make 11,000 contributions towards climate and biodiversity projects when ordering parcel deliveries in the lead up to Christmas.
Cash
+12
Dec 17, 2025
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Massive year in payments but 2026 looms even larger
There will be little rest for the payments industry this summer, as businesses, regulators and lawmakers get ready for a raft of big changes in the New Year. In the final edition of PayDay News for 2025, we look at the big changes this year, and what to expect in 2026.
Fintech
+2
Dec 17, 2025
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Mint Payments partners with Zip Co to add flexible payment options for travel merchants
Mint Payments and Zip Co have partnered to introduce flexible payment options for travel bookings across Mint’s merchant network.
Fintech
+1
Dec 17, 2025
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Tyro buys Thriday for SME edge
Tyro is acquiring Melbourne-based fintech Thriday, an AI-powered financial management platform that automates invoicing, expense management, accounting and banking workflows.
