Copy
Retweet Retweet
Forward Forward
Share Share

WEEK STARTING JULY 29


AUSTRALIAN FINTECH & STARTUPS

KPMG released their 'FinTech Pulse' report, looking at global FinTech trends and detailing overall investment into the FinTech industry. Great (long) read

SME lender 'Judo Bank' secured a $400m funding round

BNPL company 'Sezzle' floated on the ASX, with stock jumping 80% on the first day

INTERNATIONAL STARTUPS

Facetune - the photo app that lets you spruce up your tan, whiten your teeth and glisten your eyes - just raised $135 million at over ~$1bn valuation. Facetune was founded by PhD students who specialised in image processing and analysis, forming a company a called 'Lightricks' in Israel. Unsurprisingly, it's been criticised of promoting 'selfie dysmorphia

Revolut launched US 'stock trading' as part of their banking app, a clear grab at some of Robinhood's market share. Revolut's a great example of building a base banking platform and then offering value-added services over time to justify the monthly subscription cost (a bit like new content arriving on Netflix). Here's hoping domestic neobanks are taking note

Interesting read: Employee happiness and business success are linked

POTPOURRI

Google Chrome's latest update makes it easier to bypass paywalls in incognito

Uplifting news: A deaf student created 100 new signs for scientific terms

A teenager from Pennsylvania won the Fortnite World Cup and bagged $3m (USD). For comparison - the Australian Open singles winner bags $4m (AUD)

TRIVIA 
Answers at the end of the email

(a) What is the only U.N. member country in the Mediterranean where English is the official national language?

(b) Of 5 elements on the periodic table with 4 letter names, what is the only one that’s not a solid at room temperature? 

(c) What are the 6 countries beginning with C and ending in A? (technically there’s 7 as of a few years ago)

JIMMY'S NOTES

FinTech Australia is once again running the FinTech Australia EY Census. The census provides hard data and credible insights to back the association’s advocacy work to drive the industry’s ongoing expansion.

In other words - more submissions = more info = more potential for data-driven policy (namely Open Banking, R&D tax incentives, UK-Aus FinTech bridge).

Help complete the census by clicking here. Closes 5th of August!


Have a cracking weekend.

All the best,
Jimmy
FRIENDS OF THE INNER LOOP


Basiq
Basiq is an aggregation platform for acquiring financial data. They provide secure access to hundreds of financial institutions through a simple set of RESTful APIs.



Reinventure Jobs
Open roles within the Reinventure portfolio. Maybe time for a change to FinTech?



DiviPay Jobs
DiviPay is an awesome up and coming corporate card & expense management platform. Co-founder Dan has been a long time reader / fan of the Loop! Check out the link for some of the roles they are looking for as they scale up.

 
Friends of The Inner Loop showcases some of our readers, their interests and what they're working on. If you want to be a friend of The Inner Loop, then drop me a note
LinkedIn
LinkedIn
Twitter
Twitter
Website
Website
Email
Email
New user? Subscribe here
***






Trivia Answers 

(a) Malta

(b) Neon. Others are Gold, Zinc, Iron, Lead

(c) Canada, Cambodia, Costa Rica, Croatia, China, Cuba, Czechia
Copyright © 2019 The Inner Loop, All rights reserved.


Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

Email Marketing Powered by Mailchimp