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Fintech

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

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

+1

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

+1

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.

Fintech

+3

Blended rates, fintech carve-outs and a trillion-dollar gatekeeper: who really pays?
LockSimple

Mar 4, 2026

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Blended rates, fintech carve-outs and a trillion-dollar gatekeeper: who really pays?

Australia's parliamentary payments inquiry stripped back the complexity to expose three uncomfortable truths: small businesses are subsidising the system, fintechs want exemptions that would make it worse, and Apple won't even say what it charges.

Fintech

+2

Lessn rewards growth with new investment round
LockSimple

Mar 4, 2026

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Lessn rewards growth with new investment round

Australian B2B payments platform Lessn has celebrated surpassing $100 million transacted on its platform within its first year of operations, as it enters a new investment round.

Fintech

+1

Mixed results for listed pay firms, with Tyro and Cuscal profits up, revenue slower
LockSimple

Mar 4, 2026

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Mixed results for listed pay firms, with Tyro and Cuscal profits up, revenue slower

BNPL player Zip is now heavily dependent on its US business and like Beforepay, it is struggling to impress investors.

Fintech

+9

ParliPay - hours of action-packed TV with a pinch of fiction
LockSimple

Mar 4, 2026

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ParliPay - hours of action-packed TV with a pinch of fiction

Last week I spent two days watching the parade of banking and payment seniors strut their stuff in Canberra at the House Economics Committee – the ParliPay hearings.

Fintech

+1

Australia’s EMV POS infrastructure not ready for A2A - Apple and RBA
LockSimple

Feb 25, 2026

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Australia’s EMV POS infrastructure not ready for A2A - Apple and RBA

While a few hopeful fintechs are expecting government to support a massive shift to account-to-account (A2A) POS payments, Apple and the RBA said the country’s infrastructure is geared towards EMV card payments and simply isn’t ready.

Fintech

+1

Bills-for-points fintechs surge as Pay.com.au float looms

Feb 25, 2026

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Bills-for-points fintechs surge as Pay.com.au float looms

A wave of Australian platforms letting businesses put payables on cards to earn frequent-flyer points is accelerating in a sector shaped as much by loyalty economics as payments innovation.

Fintech

+3

CBA buys in Dynamic Least-Cost Routing and outage resilience with IPSI
LockSimple

Feb 25, 2026

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CBA buys in Dynamic Least-Cost Routing and outage resilience with IPSI

The country’s biggest bank will be able to offer customers Dynamic Least-Cost Routing (DLCR) and improved outage resilience by year end, after it snapped up local innovative fintech IPSI.

Fintech

+1

Latitude hits new altitudes in credit card spending
LockSimple

Feb 25, 2026

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Latitude hits new altitudes in credit card spending

A 59% jump in cash profit sparked a rally in Latitude Group shares last week, with the company’s 2025 results shows a sharp increase in credit card spend.

Fintech

+4

Threatened “Zero Cost” Smartpay changes name and wants AusPayNet review
LockSimple

Feb 25, 2026

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Threatened “Zero Cost” Smartpay changes name and wants AusPayNet review

With its business model on the brink, blended rate terminal operator Smartpay has changed its name and come out swinging on surcharge regulation, scheme fees, Apple Pay and big bank dominance, including the role of the industry’s “governance body” AusPayNet.

Fintech

+1

UK’s Volt joins busy “Identified” NPP lineup to target recurring payments
LockSimple

Feb 25, 2026

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UK’s Volt joins busy “Identified” NPP lineup to target recurring payments

UK-based Volt has joined a growing number of companies accessing the New Payments Platform as “identified institutions” via direct connectors, as a gateway to the Australian payments system.

Fintech

+3

DJs adopts Weixin Pay for big spending Chinese tourists
LockSimple

Feb 18, 2026

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DJs adopts Weixin Pay for big spending Chinese tourists

David Jones now accepts Weixin Pay – formerly known as WeChat Pay - enabling big spending Chinese customers to make purchases at preferential exchange rates, and eliminating the need for cash or cards.

Fintech

+1

PayPal “sleepy shopping” data reveals cost of late-night spending
LockSimple

Feb 18, 2026

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PayPal “sleepy shopping” data reveals cost of late-night spending

Australians are paying the price for late night shopping binges, according to PayPal.

Fintech

+1

“Shout” fades as Aussies hit their spending limit
LockSimple

Feb 18, 2026

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“Shout” fades as Aussies hit their spending limit

According to new data from Tyro, one in three Aussies are ditching “the shout” because they’re tightening their belts.

Fintech

+1

Banks to exit acquiring says Tyro’s new boss as he takes on new COO
LockSimple

Feb 11, 2026

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Banks to exit acquiring says Tyro’s new boss as he takes on new COO

“I think that we'll see the quiet movement of banks exiting the end state merchant touch points,” says Tyro CEO Nigel Lee as he doubles down on backend services and hires a new COO to drive scale.

Fintech

+1

Corpay Cross-Border extends partnership with Rugby Australia
LockSimple

Feb 11, 2026

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Corpay Cross-Border extends partnership with Rugby Australia

Corpay’s Cross-Border business is extending a collaboration with Rugby Australia as the foreign exchange (FX) payments partner.

Fintech

+2

Revolut expands Australian platform push as it claims one million users
LockSimple

Feb 11, 2026

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Revolut expands Australian platform push as it claims one million users

Revolut has flagged plans to invest nearly $400 million in Australia as it comes under the shadow of local and overseas regulatory scrutiny.

Fintech

+2

Shift4 quietly consolidates two Aussie shops and squeezes Cuscal costs
LockSimple

Feb 11, 2026

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Shift4 quietly consolidates two Aussie shops and squeezes Cuscal costs

Shift4 will leverage its Global Blue and Smartpay business to sell more products to its merchant base in Australia and New Zealand ... and cut costs with its Australian acquiring partner, Cuscal.

Cash

+3

Alan Townsend appointed CEO of EFTEX
LockSimple

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

Binance deposits play unplugged
LockSimple

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

Growing pains. Square wants scheme regulation as it expands market focus
LockSimple

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.

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