Sharing Ideas that Do Good


Search by topic:


Is MYOBs deal with Flare a key indicator on the future of Fintechs?

post-image

Barely a month after failed takeover talks with ANZ, MYOB shifted its focus and invested in one of the biggest fintech deals of the year, buying Flare, in my humble opinion a great deal.

For platforms in the SME space, MYOB are coming.

Does this demonstrate Fintech is thriving as an industry?

Or do you have to build until bought? Risk de-banking or go overseas for primary revenue streams?

What this really says is, Fintech is here to stay.

No matter the end game.

So if you have a good idea to disrupt CeFi, there's never a bad time.

https://www.myob.com/au/about/news/2022/myob-acquires-flare--australian-smes-to-reap-benefits0



What do you think?


You must be logged in to post a comment.
Comments

Related Posts

FinTech

post-image

Pause Awards Highlights Gender Pay-gap With Discounts For Female Founders
8 March 2024 by Ben Ford 0 Comments
 

FinTech

post-image

Inaam impact investing is a fintech app putting people and planet first
25 February 2024 by Jennifer Harr... 1 Comments
 

FinTech

post-image

RegenX is a fintech gateway to greener investments
18 February 2024 by Jennifer Harr... 1 Comments

Why support us financially?

"Great ideas, research and innovation can come from anyone – so often the best ideas do not have a voice. IdeaSpies provides a platform for people to share ideas that create a better world"
David Thodey AO, Patron