FinTech Five for Friday #8

October 12 2018

Company we're impressed with: Brighte

Brighte is a buy-now-pay-later platform for home energy and is backed by Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar.

Of the 11,000 payment plans worth $90 million approved by Brighte since it started lending in October 2016, 94 per cent have been for renewable home energy equipment such as solar panels and batteries.

 

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Trends in FinTech

FinTech was treated as both an opportunity and a threat since it has appeared and it has started to be used at a greater level across all facets of business and a number of different industries.

Here are three trends in FinTech to keep an eye on.

 

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Person we're learning more about: Sam Brown

We have been loving following CEO and Founder of Pelikin – Sam Brown on his endless pursuit to change the way Australians interact and use their money whilst travelling and within our shores. Australians love to travel and Pelikin are providing a platform that will not only have zero fees, but they will also offer a debit card to spend, deposit and store funds, as well as receive spending alerts and real-time analytics to track spending habits.

We can’t wait to see where this new wave of banking will be in years to come, with Australia on a path of digital banking revolution.

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Something we want people to see: 9 simple ways to improve your personal finances

We thought this article on personal finances by Macquarie was a great summation of a topic that can be quite convoluted. Broken down into 9 simple steps we love how approachable the information is and how easy it can be applied.

By simply changing the way you currently do our personal finances by applying some of these suggested steps, you may find you have more time to concentrate on other more enjoyable aspects of your life.

 

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Quote of the Week:

“Life is not always a matter of holding good cards, but sometimes, playing a poor hand well.”