BikeExchange is the latest platform that connects people with one thing they all have in common: a love for bikes. The platform is chock-full of road bikes, mountain bikes, e-bikes, kid’s bikes, wheels, clothing, lights, and wheels. Pretty much anything that is remotely bike-related, this platform has it. It’s even an online friend-dating marketplace of…
CBA has been a quiet investor in the BNPL industry since August 2019, when it made an initial investment of US$100 million into a private Swedish bank Klarna, which offers its own BNPL product. This investment was increased by another US$200 million in January 2020, with CBA taking its Klarna holding to 5%. Ostensibly, this…
Hyperion Asset Management’s top-performing global equity fund, which has beaten its benchmark by a wide margin since inception in 2014, lists as an exchange-quoted managed fund on the ASX today (March 22). The listing (ASX: HYGG) continues a dream start to the year for the Brisbane-based boutique, which sits under the Pinnacle Investment Management multi-affiliate…
ASX sinks to first loss in a month, retailers powering ahead, materials weaker The ASX200 (ASX:XJO) finished the week on a negative note, falling 0.6%, delivering the first weekly loss in over a month, down 0.9%. It seems the number of divergent outcomes for 2021 is increasing by the day, with talk of an inflation spike, countered…
Max Verma from Seismic shares insights with James Dunn from The Inside Network on what open banking mean for asset and wealth managers.