Tag: FinTechs

Australia’s big banks challenged by global FinTechs

Australia’s big banks challenged by global FinTechs

Written by on April 20, 2016 in News with 0 Comments

SYDNEY (Reuters) – When U.S.-based financial technology company Acorns launched in Australia in February, its mobile app that helps people invest loose pennies in stock markets received nearly 70,000 downloads in just over two months, beating its own expectations. The ‘virtual piggy bank’ chose Australia as its first foreign market thanks to the country’s deep […]

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