Connected Institution News Today

Fintechs are being seen as partners by financial institutions that want to deliver products and services to consumers faster and cheaper.

The fintech sector has been a leading source of tech startup success in the Australian market. The sector is also a clear example of how technology buyers are changing the way they interact with startups. While local fintechs originally emerged in competition to banks and financial institutions, enterprise IT leaders are now often working with fintechs to deploy products and services more quickly and cheaply, says FinTech Australia General Manager Rehan D'Almeida. Image: Rehan D'Almeid...

We look forward to helping Kiwi businesses enhance their payment experiences and enabling New Zealand market entries for some of our Australian customers.

Australian real-time account-to-account merchant payments platform Zepto has raised A$25 million in a Series A funding investment by AirTree Ventures and Decade Partners.

Real-time, account-to-account payments platform Zepto has today announced that it is the first non-bank to be accredited as both a New Payments Platform (NPP) Connected Institution and an Accredited Data Recipient (ADR) under the ACCC’s Consumer Data Right (CDR) in line with the company’s rapidly growing presence in the payments space.