Connect with us

Fintech

Komo announce integration partnership with Blackhawk Network

Avatar

Published

on

Komo, a digital activations platform, which allows you to easily create user first digital experiences, announce a new integration with Blackhawk Network, a leading provider of branded payment solutions. The integration creates an end-to-end solution for retailers to compete against the rise of e-commerce and drive consumers in-store, through gamified digital activations and incentivise and reward them with digital gift cards.

The direct connection between Komo’s platform and Blackhawk Network’s mobile payment technology Mobile Pay, allows companies to utilise Komo’s suite of gamification and interactive tools and instantly reward customers for their engagement with contactless digital pre-paid Mastercard gift cards, delivered straight to their mobile phone.

The solution was recently successfully trialed by two of Charter Hall’s retail precincts Bass Hill Plaza and Pacific Square. Shoppers at both centres were incentivised to spend over $30 at participating stores to receive a $10 digital pre-paid Mastercard gift card. Shoppers could redeem their $10 digital gift cards by heading to a Komo Engagement Hub and uploading their receipt to be validated. Customers were then automatically sent an SMS to add their $10 digital pre-paid Mastercard gift card directly to their phone’s native wallet, ready to spend in-store instantly. Over 1500 gift cards have been activated during the trial period with many customers coming back in centre multiple times over the period to take up the offer again.

“We are delighted to be working with the Komo team and believe the collaboration will deliver meaningful value and enhanced offerings for our respective clients,” said William Feutrill, Customer Insights & Strategy Director of Blackhawk Network Australia.

“In the incentives space we are seeing a strong shift in consumer preference towards digital versus plastic and of those 66% opting for the ability to use a digital wallet. We also know 92% of recipients will redeem their mobile reward within a day, suggesting instant mobile rewards are a highly engaging and effective incentive in driving consumer behaviour.”

Mobile Pay provides a contactless, instant mobile reward solution and puts your brand directly in the hand of your customer – a powerful, simple and secure way to help brands stay connected with their customers.”

Joel Steel, Komo Digital CEO, stated, “With the growing need for organisations to provide a more meaningful and personalised digital experience for their customers and with contactless incentives and rewards now being more important than ever, we are excited to partner with Blackhawk Network to offer this end-to-end solution to our customers. It was fantastic to get such solid results from our trial with Charter Hall and we now have a number of new clients setting up their first campaign using the integration.

“Our mission is to continue to innovate and expand on our already expansive suite of engagement tools, competitions and interactive content solutions. We want to make it as easy as possible for brands to gather qualified first party data and grow sales, while at the same time helping them to understand, engage and commercialise their customers and this technology integration with Blackhawk Network definitely helps us achieve this.”

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://australianfintech.com.au/komo-announce-integration-partnership-with-blackhawk-network/

Fintech

Australian BNPL firm Zip receives strategic investment in TendoPay, a pay over time Fintech in the Philippines

Avatar

Published

on

Australia-based Buy Now, Pay Later (BNPL) Fintech firm Zip Co has reportedly decided to expand its global operations. Zip has received a strategic investment in TendoPay, a BNPL service provider operating in the Philippines.

This latest investment marks Zip’s initial steps into Southeast Asia, which will also be serving as a gateway for the BNPL firm’s business expansion into the region.

Recently, Zip launched central operations and commercial teams in Singapore, in order to support its expansion efforts in Southeast Asia.

To read more, please click on the link below…

Source: Australian BNPL Firm Zip Receives Strategic Investment in TendoPay, a Pay Over Time Fintech in the Philippines

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://australianfintech.com.au/australian-bnpl-firm-zip-receives-strategic-investment-in-tendopay-a-pay-over-time-fintech-in-the-philippines/

Continue Reading

Fintech

Australian property development lending gets a boost with the launch of the UK’s CrowdProperty

Avatar

Published

on

Australia’s small-to-medium property development sector has received a lending boost with the launch of specialist non-bank lending alternative CrowdProperty.

A UK fintech / proptech hybrid, CrowdProperty matches investors — wholesale investors, SMSFs, institutional lending groups — with developers of high quality, small-to-medium-sized residential property projects via its bespoke platform and in-house property development expertise.

As a marketplace or peer-to-peer lending platform, it offers property developers access to fast, transparent funds, and investors a simple way to earn up to seven percent target interest returns* on short term investments secured by first mortgage, typically paying back in 12 to 18 months.

CrowdProperty UK Co-Founder and CEO Mike Bristow said the model they’ve proven with great success in the UK was a perfect fit for the Australian market.

“We’re a company founded by people who have long experience developing property and working in the finance sector,” Bristow said.

“We’ve built the business entirely around the customer. We intimately know the pain developers experience when trying to fund projects and have built a lending business to deliver speed, ease and certainty of funding for these developers, who can spend up to a third of their time working to source project finance.

“At the heart of the business is a technology platform for efficiency, and property finance and development expertise for effectiveness. We deliver a better deal for all, including the economy, by unlocking more housebuilding.

“Since launching in the UK, we’ve lent over £112 million ($200m) to property developers, funded the construction of over 1,150 homes worth over £220 million ($400m), and delivered a 100 percent capital and interest payback to investors over six years of lending. CrowdProperty UK is the UK’s leading specialist property project online lending platform and we see even greater potential here in Australia. Property development and investment is a national obsession in Australia, and rightly so. Our job is simply to serve this passion by making it easier to develop and invest in property.”

CrowdProperty Australia Co-Founder and CEO David Ingram said the opportunity for Australian savers to invest in a fund providing development project loans was significant.

“Australia’s projected population growth means we have to build over 32 thousand houses per year for the next 20 years,” Ingram said.

“Our solution matches investor capital more directly to the developer using it to add value, enabling greater returns, meeting the major needs of both sides of the marketplace.”

Launching with its first development project already fully funded — a development of two premium co-living boarding houses in Melbourne’s Glenroy — property developer Cheryl Leong said the CrowdProperty lending model was much faster than bank lending and felt more like a partnership.

“Co-living developments are a fast-growing opportunity in Australia,” Ms. Leong said.

“Despite that, it’s not necessarily a project that traditional lenders are interested in or understand, or at least not with an affordable LVR,” she said.

“The CrowdProperty borrowing team assessed the project directly and funded it within weeks of us joining the platform. They were able to bring wholesale investors together in a way small developers can’t always do, and provide finance at an agreeable rate.

“CrowdProperty is in partnership with us to see us succeed for their investors’ return. I can see this being a sustainable community of investors and developers as it grows, funding high quality homes across Australia.”

Founded in the UK in 2013, CrowdProperty has launched in Australia through a locally funded joint venture. CrowdProperty Australia’s launch is funded by a select group of domain-experienced investors ranging from property development, property professionals, financial services, lending, fintech, technology, and marketing. The Australian company will raise a further seed round of funds in the second quarter of 2021.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://australianfintech.com.au/australian-property-development-lending-gets-a-boost-with-launch-uks-crowdproperty/

Continue Reading

Fintech

Bankjoy Inks Partnerships with a Trio of Credit Unions

Avatar

Published

on

With a combined membership of more than 55,000 and a total of more than $760 million in assets, three credit unions have announced partnerships with digital banking solution provider Bankjoy.

The firms are Fort Community Credit Union, headquartered in Fort Atkinson, Wisconsin; Alltrust Credit Union (formerly Southern Mass Credit Union) based in Fairhaven, Massachusetts; and Statewide Federal Credit Union, headquartered in Starkville, Mississippi.

“We couldn’t ask for a better way to start 2021, signing these three progressive credit unions,” Bankjoy CEO Michael Duncan said. “Since we are now officially in the digital age thanks to the pandemic, these credit unions are now poised to hit the ground running with our most advanced online, mobile, and voice banking technologies. We are excited to see how they will perform and how their members will take advantage of these new offerings.”

Founded in 2015 and making its Finovate debut a year later at FinovateFall in New York, Bankjoy provides financial institutions with a variety of digital banking solutions ranging from mobile / online banking, and e-statements to online account opening and loan origination, as well as access to conversational AI-based products. From flagship banks to credit unions, Bankjoy offers an out-of-the-box alternative to outmoded legacy systems that prevent banks and credit unions from being able to meet the rising digital expectations of their customers and members.

“Bankjoy will improve our credit union’s digital banking solution and offer an experience that is in line with our members expectations,” Alltrust Credit Union Vice President of Operations Stephanie Medeiros said. “Our partnership with Bankjoy will allow us to maintain our commitment to our members while delivering the latest digital technology.”

“The Bankjoy solution will allow our members to access and manage their account from anywhere,” Statewide Federal Credit Union CEO Casey Bacon added. “They will have access to all of the conveniences of modern banking at their fingertips.”

Headquartered in Troy, Michigan, Bankjoy has raised $1.8 million in funding from investors including SixThirty and CheckAlt. The company is an alum of the Y Combinator incubator program.


Photo by Aleksandr Balandin from Pexels

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://finovate.com/bankjoy-inks-partnerships-with-a-trio-of-credit-unions/

Continue Reading

Fintech

Bankjoy Inks Partnerships with a Trio of Credit Unions

Avatar

Published

on

With a combined membership of more than 55,000 and a total of more than $760 million in assets, three credit unions have announced partnerships with digital banking solution provider Bankjoy.

The firms are Fort Community Credit Union, headquartered in Fort Atkinson, Wisconsin; Alltrust Credit Union (formerly Southern Mass Credit Union) based in Fairhaven, Massachusetts; and Statewide Federal Credit Union, headquartered in Starkville, Mississippi.

“We couldn’t ask for a better way to start 2021, signing these three progressive credit unions,” Bankjoy CEO Michael Duncan said. “Since we are now officially in the digital age thanks to the pandemic, these credit unions are now poised to hit the ground running with our most advanced online, mobile, and voice banking technologies. We are excited to see how they will perform and how their members will take advantage of these new offerings.”

Founded in 2015 and making its Finovate debut a year later at FinovateFall in New York, Bankjoy provides financial institutions with a variety of digital banking solutions ranging from mobile / online banking, and e-statements to online account opening and loan origination, as well as access to conversational AI-based products. From flagship banks to credit unions, Bankjoy offers an out-of-the-box alternative to outmoded legacy systems that prevent banks and credit unions from being able to meet the rising digital expectations of their customers and members.

“Bankjoy will improve our credit union’s digital banking solution and offer an experience that is in line with our members expectations,” Alltrust Credit Union Vice President of Operations Stephanie Medeiros said. “Our partnership with Bankjoy will allow us to maintain our commitment to our members while delivering the latest digital technology.”

“The Bankjoy solution will allow our members to access and manage their account from anywhere,” Statewide Federal Credit Union CEO Casey Bacon added. “They will have access to all of the conveniences of modern banking at their fingertips.”

Headquartered in Troy, Michigan, Bankjoy has raised $1.8 million in funding from investors including SixThirty and CheckAlt. The company is an alum of the Y Combinator incubator program.


Photo by Aleksandr Balandin from Pexels

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://finovate.com/bankjoy-inks-partnerships-with-a-trio-of-credit-unions/

Continue Reading
PR Newswire5 days ago

Polystyrene Foam Market worth $32.2 billion by 2026 – Exclusive Report by MarketsandMarkets™

Aviation4 days ago

What Happened To Lufthansa’s Boeing 707 Aircraft?

Blockchain4 days ago

Launch of Crypto Trading Team by Goldman Sachs

AR/VR5 days ago

Apple is giving a laser company that builds some of its AR tech $410 million

Cyber Security4 days ago

How to Become a Cryptographer: A Complete Career Guide

Aviation3 days ago

JetBlue Hits Back At Eastern Airlines On Ecuador Flights

Cyber Security3 days ago

Cybersecurity Degrees in Massachusetts — Your Guide to Choosing a School

Cyber Security5 days ago

How To Unblock Gambling Websites?

Aviation4 days ago

United Airlines Uses The Crisis To Diversify Latin American Network

Ripple’s XRP Price
Blockchain5 days ago

Charted: Ripple (XRP) Turns Green, Here’s Why The Bulls Could Aim $2

Blockchain4 days ago

Miten tekoälyä käytetään videopeleissä ja mitä tulevaisuudessa on odotettavissa

Blockchain4 days ago

DOGE Co-founder Reveals the Reasons Behind its Price Rise

Blockchain5 days ago

South America’s Largest E-Commerce Company Adds $7.8M Worth of Bitcoin to its Balance Sheet

Blockchain5 days ago

Bitcoin Has No Existential Threats, Says Michael Saylor

Cyber Security4 days ago

U.S. and the U.K. Published Attack on IT Management Company SolarWinds

Blockchain5 days ago

Cardano (ADA) Staking Live on the US-Based Kraken Exchange

Private Equity4 days ago

This Dream Job Will Pay You to Gamble in Las Vegas on the Company’s Dime

Blockchain3 days ago

“Privacy is a ‘Privilege’ that Users Ought to Cherish”: Elena Nadoliksi

Fintech4 days ago

The Spanish fintech Pecunpay strengthens its position as a leader in the issuance of corporate programs

Blockchain4 days ago

SEC Chairman Says Crypto Markets Need Regulations to Prevent Fraud

Trending