This article showcases our top picks for the best Australia based Personal Finance companies. These startups and companies are taking a variety of approaches to innovating the Personal Finance industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Australia Personal Finance Companies
VC-funded Startup aims to disrupt the payday distress cycle. The app helps you gain instant access to your wages on demand.
The app also automatically predicts when your bills are due, shows you how much is OK for you to spend, and automatically creates budgets for you, effortlessly. The app helps you Supercharge your bank account, giving you access to your pay as you earn it, and empowering you to save big money with seriously little effort..
Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative of Sanlam Private Wealth Pty Ltd AFSL 337927. At Stake, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs.
Any advice is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice..
SocietyOne is Australia’s leading Peer-to-Peer (P2P) lending platform. As a P2P lender, SocietyOne connects savvy investors and creditworthy borrowers in a way that is cheaper, faster and more efficient.
SocietyOne enables individuals to borrow from and invest in each other without the intermediation of a bank or financial institution. Qualified borrowers can request up to $30,000 in unsecured personal loans at personalised rates determined by their unique credit history.
Their philosophy is to exploit the structural mispricing and operating inefficiencies that exist in the traditional banking sector to bring borrowers and investors better rates. They are unencumbered by the branch infrastructure, overhead and capital requirements that drive up operating costs for traditional banks and believe their proprietary ClearMatch technology platform helps to radically reduce the cost of originating, servicing, and funding of traditional loans.
This means that they are able to pass the savings on to investors and borrowers alike by sharing their lower operating cost advantage. Qualifying borrowers with good credit history and strong capacity to repay get access to cheaper loans while investors have the opportunity to lock in more attractive rates of return.
SocietyOne is fully compliant with National Consumer Credit Protection Laws and the Australian Securities & Investments Commission’s (ASIC) financial services laws. They are the holders of an Australian Credit License and an authorised Financial Services Representative of Ironbark Asset Management Pty Ltd, the holder of an Australian Financial Services License..
Employment Hero operates as an online human resource platform for small and medium-sized businesses. Its cloud-based HR platform combines HR software, financial services, scheduling, and payroll tools, as well as employee benefits, providing growing companies with an intuitive, affordable way to manage essential employee information and HR processes.
The company aims to become the employment platform of choice for employers and employees in Australia and beyond, by providing free, easy-to-use HR software that employers love to use, and access to far greater benefits for all employees. Employment Hero was founded in 2014 and is headquartered in Sydney New South Wales..
Stockspot is Australia’s first online, automated investment adviser and fund manager (robo-advisor). Our aim is to make professional wealth management accessible to more Australians.
We want to do away with the high fees, confusing jargon, endless paperwork and lack of transparency that gives Australia’s wealth management industry a bad reputation. We recognise that: – The high fees charged by traditional investment options are completely unnecessary and eating away at investment returns.
– Many Australians are unable to access a professionally managed portfolio due to the significant account minimums. – Those who are trying to do it themselves are usually missing out on the returns and diversification benefits of owning other asset classes like bonds and international shares.
We’re helping Australians manage their money smarter by using our simple, transparent online investment service with low fees.. .
Finch is the next-gen data intelligence and financial technology company. We help businesses and financial services provide advanced personalisation, data intelligence, and connected payment experiences via simple APIs for the modern economy.
Our award-winning financial products (Peer to Peer Payments, Expense Tracking, Personal Finance Management and Merchant Payments) deliver seamless customer experiences, while collecting billions of transactional and behavioural data points feeding our machine learning intelligence to deliver unrivalled insights. Finch is widely regarded as one of Australia’s most exciting startups, having recently won “Most Innovative Team” following multiple awards for its consumer app, including “Best Digital Wallet” and “Best Personal Finance App”.
Simple APIs. Connected payments.
Advanced personalisation. Data intelligence.
Welcome to the future of consumer finance.. .
Cash Converters International
Cash Converters International (CCV) is a franchised retail network listed on the ASX. It specialises in the sale of second-hand goods.
The Cash Converters group employs modern retailing practices, professional management techniques and high ethical standards to the management of its stores throughout the chain which appeal to a wide cross section of the community. As a result, Cash Converters has been able to position its outlets as credible retail merchandise stores, resulting in a profitable market for the group..
SuperEd helps super fund members make better decisions about their retirement savings. They provide retirement income forecasting, online financial advice and personalised investment management based on the member’s needs and objectives.
They believe that all super fund members should get a forecast of the periodic income they can reasonably expect in retirement. These forecasts should be stochastic rather than deterministic to reflect uncertainty of returns and longevity.
They offer the expertise and experience of our outstanding strategic partners, who provide extraordinary capabilities and solutions from the technology, marketing, financial services and administration sectors.. .
Aussie was founded in 1992 by John Symond AM, who was widely credited with bringing competition to the Australian home lending industry. The company was unique in its approach to home loans, offering 24 hours a day service and loans far cheaper than those offered by banks.
In 1994 Aussie introduced the securitisation of home loans, allowing it to offer loans upwards of 3% cheaper than its competitors. The company rapidly grew as consumers became aware of its products and the competition heated up as Aussie grew its market share.
In 2008 CBA acquired a 33% share of Aussie. As at end September 2012, Aussie had a loans portfolio of almost $44.9 billion.
In 2012 Aussie acquired Mortgage aggregator nMB, which brought its total portfolio value to more than $53bn.. .
MONEY3 Corporation Limited
ABOUT MONEY3 CORPORATION LIMITED (ASX: MNY) Money3 Corporation Ltd is a financial services company listed on the Australian Stock Exchange (ASX:MNY), specialising in the provision of automotive finance for new and used vehicles of all shapes and sizes as well as personal loans for a variety of needs. Money3 operates in Australia and trades as Go Car Finance Ltd in New Zealand, with over 20 years of lending experience the group has advanced over $1bn in loans to over 500k customers in both countries.
With a focus on consumers looking for finance with a personal touch with real people you can talk to, Money3 is a credible alternative to banks. All loans are assessed based on affordability and a consumer’s ability to meet repayments and lending conditions..
Reckon is well known as a leading provider of software solutions for accounting and bookkeeping professionals, as well as small to medium sized businesses, small office/home office users and personal wealth management sectors in Australia and New Zealand. The fledgling company is funded by the $2,000 credit limit on Phil’s Visa card and a loan against Greg”s old Commodore.
When Reckon Software Pty Limited opens for business, its only other asset is Phil’s delivery van which is used for door-to-door sales. Greg’s co-worker in London, Steve Rickwood, moves to Sydney and joins the company as an equal partner.
Steve stayed with the firm until 2000 but remains a major shareholder.. .
Escala Partners is an investment management firm that specializes in providing standard personalized wealth management. The firm is designed to care for its circle of clients and realize their financial aspirations from offering objective, considered advice grounded in market-leading research, to working collaboratively as a team so we can ensure the best possible outcomes.
Escala Partners was founded in 2013 and headquartered in Melbourne, Victoria.. .
Start Your Recurring Revenue Business Today. Payhero is an easy way to accept subscription payments and turn your regular customers into recurring revenue.
Payhero for the Sole Trader and Small Business merchants who don’t have the technical ability to implement their own payment gateway into a website or are limited by the costs associated with hiring a developer.. .
QuietGrowth is a digital investment management service or robo advisor. It manages the investments of clients to achieve risk-optimised returns over the long-term.
QuietGrowth provides personalised investment advice to the client and manages the funds that the firm invests on behalf of the client. It offers customised and diversified portfolios to the client.
It supports Individual, Joint, SMSF, and Trust account types. The robo advice solution of QuietGrowth provides a high-quality automated service using algorithms and interactive interfaces.
QuietGrowth is the most advanced online investment adviser in Australia.. .
Credit Card Compare
Credit Card Compare is designed to help Australians compare, research and apply for a new credit card. Every month They help tens of thousands of Australians do exactly that.
Credit Card Compare provides an elegant solution to the complex problem of comparing credit cards. It is Their mission to create a user experience that makes it easier than ever for people to find a credit card that will save them money and earn more rewards..
Wilsons – financial advice for people with ambition. Whether you’re an individual, professional investor or leading a growing company, They help you make better investment decisions and get more from your money.
They start by listening to what’s important to you, bringing together Their knowledge and expertise to define and articulate your ambitions. Then, using market insights and quality advice, They support you on your path to financial success.
With all the skills you need across private wealth management, corporate finance, research and institutional investing, They’ll work with you all the way from planning to action.. .
InfoChoice was established in 1993 to make comparing financial and insurance products quick and easy. Their website is a one-stop comparison site where visitors are able to compare financial and insurance products from a huge range of participating providers.
InfoChoice compares numerous financial and insurance products for the consumer, including term deposits, home loans, savings accounts and more. The well-known site strives to provide the information and tools required to research and compare so consumers are able to find the information on relevant products.
By comparing on InfoChoice, consumers are able to see which product has the most value for personal circumstances.. .
We are ex-bankers, CFOs, scientists, engineers, designers and developers. The common goal? Building a better way.
Imagine easier managing your money and transactions more easily without compromising safety and security. Imagine a facility that optimises returns and minimises debt to match your individual circumstances, automatically.
Imagine technology that creates opportunity for better communication. Imagine a system that allows us to support the less fortunate as we transact together.
This is Cashper. The social money network..
Mortgage Broker Brisbane – Hunter Galloway
Hunter Galloway are an Award Winning Mortgage Broker based in Brisbane. We help clients from our local area, Australia, and all over the world.
We believe buying a home should be stress-free and uncomplicated, and we will work for you to make your dreams become reality.. .
New Vision Financial Services
After years in the banking, finance & commercial sector we noticed that the industry needed a company with a personal touch that offered their customers a complete solution. In 2015 New Vision Financial Services was created to allow our consultants to use their experience (including approving and structuring large complex commercial transactions through to basic home loans) and concentrate on offering a personalised service to their clients.
The team at New Vision Financial Services have access to over 40 different lenders, giving you more flexibility when making a decision. Our consultants have had extensive experience within the banking, financial and corporate sector.
At New Vision Financial Services we specialise in finance lending for home, investment, business, commercial, asset, debtor and many other requirements. As New Vision Financial Services has progressed, we have developed strong relationships with professional service providers such as; Financial Planners, Accountants, Settlement Agents, Leasing & Equipment Providers, Debt Management Specialists and many more to allow our clients access to a complete suite of services..
SuperAlbert automates the superannuation onboarding for employers and employees. Employers can start saving time and ensure they are compliant with our automated onboarding tool.
Employees can save time, confusion, and have a greater choice of super funds when they start a job.. .
Unicorn Risk Services
Community Sector Not For Profit Insurance Cover Our Community Sector Not for Profit clients range from small clubs through to major charity organisations. All,whenever possible, enjoy a lower cost of insurance than they have been able to achieve elsewhere.
Unicorn has developed a special understanding of the insurance needs and requirements of the Not for Profit community sector. We also enjoy the respect of many insurance companies for our professionalism, ethics and efficiency.
We can arrange all types of insurance policies. Unicorn Risk Services Pty Ltd is an authorised representative of Professional Insurance Brokers (NSW) Pty Ltd who is licensed to transact insurance on your behalf.
Professional Insurance Brokers have been operating for over 20 years and are highly respected throughout Australasia.. .
“4 Konverta” (“4 Envelopes” in English) is a simple yet effective home budgeting system for people with no or limited prior exposure to financial planning. The system takes into account person’s or family income, major financial commitments, helps set financial goals and as a result creates an “envelope” for the week.
The system operates in weekly time slices: each week has its own “envelope” where a person can put physical cash or just get an indication of how much s/he can spend during this week. Whatever is left gets into the Emergency Fund or gets added to the next week’s envelope.
The system primarily targets Russian-speaking community, but also has an international version for English-speaking customers. It has 43500 customers and at the moment is a largest Russian personal finance/budgeting online system..
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