Media releases

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Aussie fintech partnership simplifies supply chain finance for SMEs

MELBOURNE – 9 September 2019 – Australian payments company Bluechain Payments Ltd announced today that they have joined forces with leading business finance provider, Fifo Capital, in a move that is set to revolutionise the supply chain finance and payments sectors. The partnership enables SMEs using Bluechain to extend payment terms on invoices to up to 90 days. Bluechain pays the…

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Bluechain grabs a piece of the reward payments market

SYDNEY/MELBOURNE – 16 April 2019 – Anglo-Australian fintech Bluechain Payments Ltd today launched its Reward Payments service in Australia. The service enables consumers and businesses to pay expenses on their American Express credit card that they would normally pay through their bank by EFT or BPAY. Bluechain aims to grab a share of the global $250 trillion bill payments market…

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Bluechain launches in Australia with Amex

SYDNEY/MELBOURNE – 16 April 2019 – Anglo-Australian fintech Bluechain Payments Ltd has partnered with American Express, enabling Bluechain to offer highly competitive rates on Amex card transactions for its rewards payment service in Australia and New Zealand. Bluechain’s payment platform will assist Amex grow its share of the US$250 trillion bill payments market and allow consumers and businesses to “cardify”…

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PayDock goes mobile

SYDNEY/MELBOURNE – 5 December 2018 – Australian e-merchant enabler PayDock will offer a new, secure, mobile-friendly payment option to its range of existing payment connection options. The new website plug-in will provide access to checkout via Bluechain, one of Australia’s new breed of fintechs. Conventional checkout processes for online shopping carts require the customer to type in their credit or…

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Aussie payments fintech raises $5.6 million

MELBOURNE – 30 November 2018 – Australian payments company Bluechain Payments Ltd announced today that they have secured $5.6 million in private equity funding in their latest funding round, bringing the total raised to over $11 million. Bluechain’s co-founder and CEO, Mike McAuley, said the funding will be used to launch a bill payment service in Australia with American Express….

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Bluechain partners with MITEC to drive cashless payments in Vietnam

MELBOURNE, Australia – 13 February 2018 – Bluechain Payments Limited has entered into a partnership with Vietnam-based MITEC Joint Stock Company to jointly address the Government of Vietnam policy that 90% of transactions in Vietnam be electronic by 2020. Bluechain technology, developed in Melbourne, enables Vietnamese citizens to conduct secure cashless transactions in-store, online, when paying bills, and peer-to-peer. This…

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Fintech funding round completed

LONDON / MELBOURNE – 18 September 2017 – Fintech Bluechain Payments Limited today announced that it has completed its latest funding round. Although securing private funding has proven a difficult path for many Australian tech companies, Bluechain has continued to fund its development from private and institutional sources. In doing so, Bluechain is following a path more commonly seen in…

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Bluechain to moderate and present multiple sessions at Seamless East Africa 2017

Yoku Korsah to moderate keynote panel on the “Role of National Payment Switches” and deliver session on “Low Cost Merchant Acquisition Strategies” NAIROBI, Kenya / LONDON – 5 September 2017 – Bluechain, a universal request-to-pay (RtP) technology that secures data transactions through a single-user mobile experience across payment channels, announced Managing Director of Bluechain Africa, Yoku Korsah, will moderate a…

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Bluechain to present session at the Financial Inclusion Summit East Africa 2017

Yoku Korsah to deliver session on “Powering Financial Inclusion with Innovation” NAIROBI, Kenya / LONDON – 4 September 2017 – Bluechain, a universal request-to-pay (RtP) technology that secures data transactions through a single-user mobile experience across payment channels, announced Managing Director of Bluechain Africa, Yoku Korsah, will deliver a session on “Powering Financial Inclusion with Innovation” at the Financial Inclusion…

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Australian Trade and Investment Commission welcomes Bluechain to Africa

Austrade Africa and Bluechain to host launch celebration for new Kenyan subsidiary NAIROBI, Kenya / LONDON – 4 Sep 2017 – Bluechain, a universal request-to-pay (RtP) technology that secures data transactions through a single-user mobile experience across payment channels, announced it will host the company’s formal launch celebration into Kenya in conjunction with the Australian Trade and Investment Commission (Austrade)…

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Bluechain expands into Africa

Universal request-to-pay platform hires Yoku Korsah to lead Nairobi subsidiary NAIROBI, Kenya / LONDON – 29 August 2017 – Bluechain, a universal request-to-pay (RtP) technology that secures data transactions through a single-user mobile experience across payment channels, announced the opening of its Nairobi, Kenya office, naming payment expert Yoku Korsah as Managing Director. This new location marks the launch of…

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Bluechain to moderate panel on cashless societies at the Central Bank Payments Conference

Melbourne, Australia / London, UK, 27 June 2017. Bluechain, the next-gen payment platform for domestic payment schemes, announced one of its key executives, Yoku Korsah, Managing Director of Africa, will be coordinating the session on “Cashless societies: will we see them? Is it a dream or a nightmare for central banks?” at Central Bank Payments Conference in Amsterdam 26–28 June…

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Bluechain to preview next-gen domestic payment scheme at the Central Bank Payments Conference

Company to preview its new payment platform to banking leaders to showcase how it fosters cash-lite and inclusive economies, provides greater control over data sovereignty, reduces fraud and lowers costs. Melbourne, Australia / London, UK , 22 June 2017. Bluechain, the next-gen payment platform for domestic payment schemes, announced it will preview its innovative technology during the Central Bank Payments…

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Bluechain Earns 2017 Softech Awards for Most Innovative CTO and Excellence in Secure Payment Technology

Next-gen payment platform and CTO Craig Glendenning honoured by international software and technology community Melbourne, AUS / BOSTON – Mar. 21, 2017 – Bluechain, the next-gen universal payment platform, received the 2017 Softech INTL Award for Excellence in Secure Payment Technology. In addition, Chief Technology Officer (CTO) and Bluechain inventor, Craig Glendenning, has been named Australia’s Most Innovative CTO. “Bluechain…

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Funding for market trial secured

MELBOURNE – 24 June 2016 – Fintech Bluechain Pty Ltd today announced that its latest funding round for $3 million has, once again, closed fully subscribed, putting the company in a strong position to complete the market trials and launch the product in Australia and international markets. The first market trial kicks off in July in Tasmania with Bluechain partner…

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Seed funding round closes fully subscribed

MELBOURNE – 18 December 2015 – 1pay Corporation Pty Ltd, a digital payment technology start-up, today announced that its initial share offering to raise $1.5 million has closed fully subscribed. This enables the company to establish an office in Melbourne, appoint core development staff, and fund operating costs until mid-2016. The shares were allocated on a first-come-first-served basis until the…

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