Fintech
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- Technology
Under fire at home, Airwallex turns to Australia’s youngest founders
As regulators audit its money-laundering controls, one of Australia’s most valuable payments companies is recasting itself as a patron of young AI talent.
- David Swan
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How Australia’s big banks ran into an even bigger fish
Banks have long accused tech companies of free-riding, but lately those warnings have grown louder. Are banks just trying to protect their patch, or do they have a point?
- Clancy Yeates and David Swan
- Exclusive
- Banking & finance
This Australian start-up moves $1bn daily. Authorities fear it is being used by child predators
Airwallex is a major bet for the nation’s biggest technology investors, but its path to the public markets has been beset by controversy.
- John Buckley and Nick Bonyhady
- Updated
- Start-ups
‘Suspect serious non-compliance’: Airwallex hit with money laundering audit
The $12 billion Australian start-up is facing a probe from Australia’s anti-money laundering and terrorism financing watchdog.
- John Buckley
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- For subscribers
Airwallex hires influencers to praise CEO’s ‘thought leadership’
The fintech start-up is offering to pay influencers for positive content about chief executive Jack Zhang while seeking to get critical media articles removed.
- Kishor Napier-Raman
The disloyal generation that has banks scratching their heads
Generation Z customers are a growing and critical market for banks, but they are also the most likely to switch to a rival.
- Clancy Yeates
‘Serious failures’: Former Xinja CEO disqualified for eight years
The former chief executive of the hyped up neobank Xinja has been disqualified by the prudential regulator for eight years after a lengthy investigation.
- Charlotte Grieve
How Simon exposed the hack that drained his gift cards
The popular multi-brand gift cards are sold in retailers including Woolworths, Coles and Big W.
- Gemma Grant and David Swan
The big change coming to your buy now, pay later options today
Rules to regulate Afterpay and other buy now, pay later firms will take effect from today, leading to potential changes for new and existing users.
- Clancy Yeates
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- Bulls N' Bears
Raiz rides market turmoil to deliver surge in funds under management
Micro-investment disrupter Raiz Invest has defied market jitters to log a record $1.65B in funds under management, powered by product innovation in a standout quarter.
- James Pearson