International digital remittances will reach US$525 billion by 2024 as traditional players in the market face fintech challenges, according to a new research report.
The founder and chief executive of marketplace lender MoneyPlace, Stuart Stoyan, has been appointed as the new chair of Fintech Australia to replace the founding chair, Simon Cant, who is stepping down.
Online retail marketplace MyDeal.com.au has launched a business loans service in partnership with fintech lender Prospa, offering unsecured loans which it claims will accelerate the growth of retailers.
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