Sydney-based start-up incubator Lakeba has announced the $20 million sale of its Paid by Coins venture to Australian-listed customer engagement technology provider Mobecom only seven months after launching the platform in early 2018.
Payments provider BPay claims more $20 billion has been transferred through its Osko payment platform — which allows the transfer and receipt of money instantly — since its launch earlier this year, with Osko now available via online banking with banks and financial institutions.
Twenty years after BPAY was launched in Australia around 60% of Aussies now pay their bills using the service, according to the payments company which says that on average people pay five or six bills a month.
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