Today we are looking at Splitit Payments Ltd [ASX:SPT] and QuickFee Ltd [ASX:QFE]. Both fintech companies got a major boost in their share price through the COVID-19 pandemic, but can the run up continue?
Fintech News: Exploring Innovations in Financial Technology
Fintech – short for financial – is a broad term applied to firms that combine innovative business models and technology to disrupt traditional financial services.
Australia has positioned itself as one of the sector’s hubs, with over 800 fintech companies based here.
A Guide to the Afterpay Cap Raise, Trading Halt and Director Share Sale
Prior to today, Afterpay Ltd [ASX:APT] shares were in a trading halt while it goes for a capital raise. Today, APT shares came out of their trading halt and are down 2.02%, to $66.63, at time of writing. The APT share price was on…
Sezzle Share Price up on Record Q2 Results (ASX:SZL)
The Minneapolis-based buy now pay later (BNPL) provider is setting a record pace in growth. The SLR share price is trading at the all-time high of $4.68 at time of writing, tacking on 14.99% to the previous day’s trade…
SelfWealth Share Price Continues Upwards, but Is It Hamstrung by Fees?
The SelfWealth Ltd [ASX:SWF] share price has made headway this morning, with its latest activities report boasting some solid growth metrics. Shares in the Aussie fintech are up 11.54% at the time of writing, to trade at 58 cents per share…
Why the Government May Be Behind Afterpay’s Incredible Rally
The buy now, pay later phenomenon has come a long way this year. Defying plenty of odds and doubters to become a true sensation. From their $8.90 low on 23 March, the APT share price has roared with a vengeance to $68.16…
Tomorrow Is D-Day for the Banks: Open Banking and Rise of Fintechs
As of tomorrow, 1 July 2020, the next stage of open banking officially begins in Australia. It will mean each of the Big Four Banks will be required to become more transparent. However, the real winners of open banking aren’t you and me….