According to sources at disruptive Real Estate platform Next Address, the implementation of Fintech equity crowdfunding has sent their chatbots into overdrive with record enquiries and investors jumping on board.
Julie O’Donohue, founder of the Australian company says it’s all about opportunity and empowering people. “People are loving the concept of helping us grow, investing directly with us from just $250 with a few perks that are making everyone smile. It has taken hard work by our entire team to make our platform the best, and now we are getting validation from everyday Aussies wanting to get on board. We made Next Address for the people, and now those very people are coming on board, and we couldn’t be happier.”
You can celebrate Fintech all you want, but it is results that speak the real language of success. What numbers are we talking? According to Next Address data 95% of people contacting their support team are asking the same question HOW DO WE GET ON BOARD? They have enjoyed a 65.17% increase in buyer growth already in the first quarter of 2018 and a 19.15% seller growth for the same period. 9000 properties are listed and available for purchase. People are catching on to the idea that using tech to sell a house can save tens of thousands, it’s all about the algorithms matching buyers to sellers echoing with the likes Airbnb and Uber.
Equity crowdfunding appears to be the darling of the market at the moment, and it seems Next Address are not the only ones. Xinja an innovative online banking system that is turning the traditional banking system upside down much to the delight of investors and consumers is also a part of the crowdfunding revolution. According to Business Insider, the Digital bank startup is planning to offer home loans soon after winning an Australian Credit Licence from ASIC (Australian Securities and Investments Commission).
Fintech is gaining momentum in Australia. Innovation is beckoning the hearts of Aussies and it is very infectious. However the finance-technology combo is challenging the traditional beliefs around commerce and investments, which is why the Australian Govt has imposed extremely firm guidelines for the equity crowdfunding platforms. Companies using the likes of Birchal must go through a sturdy approval process and no stone is left unturned.
For more information about Next Address and Birchal go to: https://www.birchal.com/company/next-address
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.