PayTo
PayTo
PayTo

PayTo and the Australian Fintech Market

September 8, 2022
Share

PayTo and the State of Fintech

Christian Westerlind Wigstrom, CEO, Monoova, joins Dexter Cousins, for the latest Fintech Chatter News podcast and shares his thoughts on the recent launch of Monoova's PayTo Sandbox and the current state of play in the local Fintech market.

“Monoova is well capitialised, we’re still growing our team and we’re looking at FY23 with a lot of optimism and a sense that this year is working in an environment of headwinds where a lot of our clients are readjusting their positions. But having said that, these are good ideas and these are people who have carved strengths in their markets. Sometimes they are their market leaders in their niche and have generated enormous value to lots of people. Supporting that means supporting them in the times when things are slow and when things are faster. We’re going to be here this year and the next year and beyond that."

Get in contact with us.

‍

‍

Monoova Payments Pty Ltd (ABN 38 126 015 227) trading as Monoova (“Monoova”) is the authorised representative of Monoova Global Payments Pty Ltd (ABN 77 106 249 852; AFSL No. 421414 ), the issuer of the Combined Financial Services Guide & Product Disclosure Statement Non-Cash Payment Products and Services dated 20 September 2023. (FSG/PDS). This information is given in summary form and does not purport to be complete. To the maximum extent permitted by law, Monoova does not assume responsibility for, the content, accuracy or completeness of the information presented. Before acting on any information you should consider the appropriateness of the information having regard to these matters and seek independent legal, financial and tax advice. To the extent that the information contained above is sourced from third parties or provides link to third party websites, Monoova takes no responsibility for the accuracy, currency, reliability and correctness of any information included in the material provided by third parties nor for the accuracy, currency, reliability and correctness of links or references to information sources (including internet sites) operated by third parties.

Related Articles

Payments
PayTo
PayID

An accountant in your pocket: How Hnry & Monoova are saving sole traders from tax stress

Click here to read the full article
Remittance is growing, innovating, and evolving. Check out the biggest trends for the remittance industry approaching 2026.
Read More
Payments
PayTo
PayID
Confirmation of Payee

How Confirmation of Payee (CoP) Protects Australian Businesses

Click here to read the full article
New to Australia, Confirmation of Payee (CoP) is a name-checking service that lets users verify who they are paying before a first-time domestic payment is transferred between financial institutionsDesigned with businesses in mind, Confirmation of Payee matches banking details against the recipient’s bank records to provide match outcomes and help minimise mistaken payments and exception handling when making payments.
Read More
Payments
PayTo
PayID
Auto-Reconciliation

Remittance industry trends for 2025-2026

Click here to read the full article
Remittance is growing, innovating, and evolving. Check out the biggest trends for the remittance industry approaching 2026.
Read More
Payments
PayTo
PayID

The Game-Changer for Business: Real-Time Payments Meets Automated Reconciliation

Click here to read the full article
In today’s digital economy, every second counts. Whether you’re collecting from customers, paying suppliers or managing transactions – payment delays don’t just waste time, they cost your business valuable resources, erode customer trust and risk losing loyal clients. That’s why more Australian businesses are turning to real-time payments and automated reconciliation to transform the way they manage cash flow, reduce operational burdens and deliver a better customer experience.
Read More