We appointed the Head of Product Marketing, a product leadership hire, to sharpen what gets built and why.
Backpocket — Backpocket takes the awkwardness out of group payments. Founded in Australia in 2022, it lets friends pay only their share of a group booking at checkout while the booking is secured instantly, no chasing, no app downloads, no awkward money conversations. Fintech aimed squarely at a genuinely social problem.
The market for this leadership
Live MitchelLake intelligence across Fintech and Oceania.
Adjacent signals across Fintech
Product Launch · Oceania
Beforepay →Beforepay (ASX:B4P) is expanding its lending platform while developing a new product/service called Carrington Labs
Capital Raising · Oceania
Firmus Technologies →Firmus Technologies raised $2.85 billion in a blockbuster funding round, part of four Australian startups collectively raising $2.86 billion
Partnership · Oceania
FIS →FIS joins Anthropic's Project Glasswing to deploy Mythos 5 AI model for defensive cybersecurity across its foundational financial infrastructure systems
Product Launch · Oceania
SumUp →SumUp launched a consumer account product that pays users to shop at small businesses, combining financial services with merchant incentivization.
Product Launch · Oceania
Grey →Grey (Nigerian fintech) launched stablecoin payment channel that has become its largest cross-border payment volume channel, processing $61.4M in 4 months
Partnership · Oceania
Finastra →Finastra convened banking leaders in Sydney for AI and platform modernization summit, emphasizing ecosystem collaboration, AI integration, cloud-native technologies, and open APIs across payments and lending