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Fintech

News about fintechs, start ups and innovative ideas in the payments space

Fintech

Can fintechs like Kismet help government untangle the NDIS mess?
LockSimple

May 6, 2026

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Can fintechs like Kismet help government untangle the NDIS mess?

With the federal budget looming and government looking for big spending cuts, Melbourne fintech Kismet has launched a digital provider invoicing tool it said could unlock $630 million in annual NDIS productivity gains, applying real-time compliance checks before submission.

Fintech

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NAB-backed Banked quiet in Aussie market as local boss moves to Stripe
LockSimple

May 6, 2026

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NAB-backed Banked quiet in Aussie market as local boss moves to Stripe

Former Banked and Waave boss Ben Zyl has moved to Stripe, as his former employer goes quiet in the Australian market and key customers appear to have moved on.

Fintech

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Revolut shuts down PayTo after “incident”
LockSimple

May 6, 2026

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Revolut shuts down PayTo after “incident”

Wannabe Aussie bank Revolut has turned off PayTo following an unexplained incident, with its New Payments Platform (NPP) access provider - understood to be Banking Circle - AP+ and regulators clamming up when approached for comment.

Fintech

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Westpac and NAB ramp up as paytechs grab small business lending
LockSimple

May 6, 2026

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Westpac and NAB ramp up as paytechs grab small business lending

Australia's banks are finally waking up to small business as data driven payments operators like PayPal, Square, Tyro, Stripe and BNPL offer easier credit options through “embedded finance” often linked to transactions.

Fintech

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Adyen partnership sees big savings for 1Cover
LockSimple

Apr 29, 2026

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Adyen partnership sees big savings for 1Cover

Travel insurer 1Cover claims a $35,000 saving by streamlining its payments stack through Adyen partnership.

Fintech

+1

Ant International & Citi launch PayTo for Australian SMEs
LockSimple

Apr 29, 2026

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Ant International & Citi launch PayTo for Australian SMEs

Ant International and Citi plan to launch PayTo on Ant’s service in Australia aimed directly at the small business market.

Fintech

Blackhawk launches stored value platform for consumer engagement
LockSimple

Apr 22, 2026

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Blackhawk launches stored value platform for consumer engagement

The new platform unifies refunds, promotional dollars, loyalty rewards and gift cards into one consumer balance that serves as a retention and marketing tool for brands.

Fintech

+2

Global processor Paymentology partners with Cuscal and Constantinople to expand into Australia
LockSimple

Apr 22, 2026

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Global processor Paymentology partners with Cuscal and Constantinople to expand into Australia

Global issuer-processor, Paymentology is expanding down under forming strategic partnerships and marking a significant milestone in its global expansion strategy.

Fintech

+1

Mystery to shroud BECS future until July: AusPayNet
LockSimple

Apr 22, 2026

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Mystery to shroud BECS future until July: AusPayNet

Despite potential impacts on NPP-centric fintechs and other payments stakeholders, AusPayNet won’t make public the results of its assessment of options to upgrade the Bulk Electronic Clearing System (BECS) until July.

Fintech

PayNuts unveils refreshed brand and solutions
LockSimple

Apr 22, 2026

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PayNuts unveils refreshed brand and solutions

PayNuts has unveiled a refreshed brand identity and an expanded suite of integrated business solutions designed to woo small businesses.

Fintech

+1

Sydney’s Hello Clever teams with Checkout.com on global AI and rewards play
LockSimple

Apr 22, 2026

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Sydney’s Hello Clever teams with Checkout.com on global AI and rewards play

A new deal with Checkout.com aims to further expand Sydney based Hello Clever’s international growth strategy, having already established regional headquarters in Singapore, New York, and Tokyo.

Fintech

+2

Accommodation providers look for cheaper pay options in wake of surcharge ban
LockSimple

Apr 15, 2026

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Accommodation providers look for cheaper pay options in wake of surcharge ban

With Australia's planned ban on card surcharges set to take effect on 1 October, GoCardless said accommodation providers are seeking lower-cost payment alternatives to protect margins.

Fintech

+2

Bolt repurposes AP+ white elephant Beem after Binance setback
LockSimple

Apr 15, 2026

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Bolt repurposes AP+ white elephant Beem after Binance setback

As it looks to recover from an embarrassing short-lived relationship with controversial crypto wallet Binance, Bolt Group's latest move is to give Beem a facelift and turn it into a “true everyday money app”.

Fintech

+1

Coinbase’s green light with AFSL
LockSimple

Apr 15, 2026

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Coinbase’s green light with AFSL

In an Aussie first, Coinbase will bring perpetuals, futures, options, and a full suite of financial products to one of the world's most engaged crypto markets thanks to a retail derivatives authorisation.

Fintech

+1

Delays and outlook see EML shares dive
LockSimple

Apr 15, 2026

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Delays and outlook see EML shares dive

ASX listed EML’s new CEO Adam Olding faces a serious challenge after the company’s revised outlook saw shares take a big dive on Monday.

Fintech

+2

Shift4 in the frame as Cuscal moves on NZ Paymark
LockSimple

Apr 15, 2026

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Shift4 in the frame as Cuscal moves on NZ Paymark

Cuscal is buying New Zealand’s answer to eftpos - Paymark – in a deal that may secure a brighter future for one of its biggest customers, Shift4, in the land of the long white cloud.

Fintech

+3

Game on. PSPs and acquirers fight to survive in a post-surcharge world
LockSimple

Apr 8, 2026

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Game on. PSPs and acquirers fight to survive in a post-surcharge world

Ahead of what is likely to be the biggest Payment Service Provider (PSP) and acquiring market shakeup in decades, Tyro, Zeller, Westpac and CBA are already wooing customers for the post-surcharging world, while ANZ remains mum on its plans for ANZ Worldline.

Fintech

+1

Platform trap: Captured SMEs exposed to card fee shock
LockSimple

Apr 8, 2026

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Platform trap: Captured SMEs exposed to card fee shock

After announcing a surcharge ban on both credit and debit, the RBA’s remedy for small businesses to avoid card fee shock was to shop around for cheaper payments options. With just 176 days to run until the 1 October deadline, this simplistic economist view ignores just how deeply platform players like Xero, MYOB, Stripe, Square and Shopify have embedded themselves into Aussie businesses.

Fintech

Rubin takes local Chair for Airwallex
LockSimple

Apr 8, 2026

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Rubin takes local Chair for Airwallex

Business leader and Reserve Bank of Australia Governance Board Director Elana Rubin has been appointed local Chair at Airwallex.

Fintech

+3

Fintechs grapple with stark no-surcharge future
LockSimple

Apr 1, 2026

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Fintechs grapple with stark no-surcharge future

Following the Reserve Bank’s no surcharge decision, a gaggle of well-known fintechs including Zeller, Shift4, Zero, PayNuts, Square and Tyro may need to rebuild their business models and, in some cases, technology stacks, or risk losing massive market share back to the big banks.

Fintech

+1

Merger abandoned amid A2A uncertainty
LockSimple

Mar 25, 2026

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Merger abandoned amid A2A uncertainty

Plans for a merger of Monoova and Zai have been abandoned for now, but the need for consolidation in the uncertain account-to-account (A2A) paytech sector continues.

Fintech

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Pay.com.au's new CTO wants to turn $4.2 trillion in “dead payments” into rewards
LockSimple

Mar 25, 2026

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Pay.com.au's new CTO wants to turn $4.2 trillion in “dead payments” into rewards

Dee Kulkarni on scaling a $633 million Australian fintech into the US, why indecision is the only bad decision, and the budget risk nobody's ignoring.

Fintech

+2

Consultation looks at PSPs, ePayments Code powers and unclaimed funds
LockSimple

Mar 18, 2026

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Consultation looks at PSPs, ePayments Code powers and unclaimed funds

Treasury has launched a consultation on new legislation for payments service providers (PSPs), including power to make rules for a mandatory and revised ePayments Code and new controls for unclaimed monies.

Fintech

+1

Monoova launches FX Hub while merger rumours grow
LockSimple

Mar 18, 2026

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Monoova launches FX Hub while merger rumours grow

Amid increased chatter about a merger, Australian paytech Monoova has launched a new platform bringing domestic collections, foreign exchange conversion, funding, and settlement into a single automated flow.

Fintech

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Revolut introduces PayTo for Australian customers
LockSimple

Mar 18, 2026

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Revolut introduces PayTo for Australian customers

Revolut says its has found a simpler solution for its customers paying pesky utility bills and online subscriptions. With PayTo, consumers can now view, pause or cancel recurring payment agreements within their app.

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