We’re also delighted to welcome Square Peg and Zetta as strategic partners and look forward to working with them to bring new solutions to our customers, harnessing the latest technologies, artificial intelligence, and machine learning models.
Venture capital fund Square Peg has backed a range of successful Australian ventures and will partner with X15 on the sourcing, scaling and financing of Australian fintechs. American-based venture capital fund Zetta Venture Partners invests purely in artificial intelligence companies.
CBA’s partnership with biggest digital payments provider Klarna also had some updates. Since its launch in the beginning of the year, the Klarna App has been downloaded by over 270,000 users and over 80 merchants are now live on the platform. Klarna’s lobal revenue has increased to $750 million for the first half of 2020 and Klarna has seen volume growth of up to 50% YoY during the coronavirus period.
- CBA and Colonial First State sued for breached of the conflicted remuneration ban
- CBA teams up with Australian fintech Slyp for implementation of itemised digital receipt
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