National Australia Bank (NAB)

Democratizing financial technology with a suite of API-based solutions

FinTech Infrastructure

UK-based Pollinate offers white-label FinTech infrastructure for banks to build cloud based, data-driven, digital solutions to help small and medium enterprise (SME) access a broad range of value-added solutions including managing payments, accessing capital, digital loyalty schemes, and generating customer insights. Pollinate has offered its platform to leading global banks including the NatWest Group and National Australia Bank.In March 2021, Pollinate raised USD 50 million in a Series C funding round led by Insight Partners, and with participation from Mastercard and the NatWest Group to invest in product development and global expansion—including a move to North America.

Buy Now, Pay Later

Zip Co is an Australian BNPL service provider offering both B2C and B2B solutions. The platform’s B2C products are Zip Pay and Zip Money. Zip Pay is designed for transactions between AUD 250 and AUD 1,000 (approximately USD 185 and USD 735). Zip Money is marketed for larger ticket purchases (i.e. over AUD 1,000/USD 735) with a three-month interest-free period and flexible terms afterward. Zip Co charges merchants a transaction fee of AUD 0.3 plus GST and a fixed merchant fee. For customers, it charges a one-off establishment fee of AUD 25 (approximately USD 18) and upward at the sign-up stage, 19.9% interest after the three-month interest-free period, and an account service fee of AUD 6 (approximately USD 5) for late payments. In October 2022, the company <a href="https://sp-edge.com/updates/14023">launched </a>the Zip Card in partnership with WebBank, where installment payment options will be available at all retail stores that accept Visa.Zip Co offers B2B solutions via Zip Business, for transactions ranging from AUD 1,000 to AUD 3,000 (approximately USD 735 to USD 2,210), and Zip Business Trade Plus, which facilitates payment plans for larger ticket items where transactions range between AUD 3,000 to AUD 150,000 (approximately USD 2,210 to USD 110,000). It charges late payment fees including AUD 25 (around USD 18) for Zip Business and a 3% fee for Zip Business Trade Plus customers to extend financing to a four-month installment plan after the initial 60-day grace period.&nbsp;Zip Co focused on M&amp;As for growth outside Australia and it usually makes minority investments in its targets prior to the ultimate acquisition. It acquired Spotii (May 2021) to expand to the Middle East and more recently entered South Africa through the acquisition of Payflex (September 2021). Moreover, it entered the US (its biggest market as of September 2021) by acquiring QuadPay (June 2020). Other acquisitions include Spotcap (September 2019) and Twisto (May 2021). It also had interests in the Asian BNPL market through investments in Indian player ZestMoney, and Philippines-based TendoPay.<a href="https://sp-edge.com/updates/8761">In February 2022 </a>, Zip announced a definitive agreement to acquire Sezzle for USD 352 million, which was later terminated in <a href="https://sp-edge.com/updates/11560">July 2022 </a>. Zip also announced its exit from the <a href="https://sp-edge.com/updates/11644">UK </a>and <a href="https://sp-edge.com/updates/11800">Singapore </a>markets, which it completed during 4Q 2022. As of March 2023, Zip was in the process of closing its operations in Mexico and the Middle East and announced its exit from an <a href="https://docs.google.com/document/d/1OSL5uMfc9hv5agaYV7gLsP808ZckSpoBASbC0isV6Fs/edit#">additional six markets </a>by June 2023. In <a href="https://sp-edge.com/updates/25881">January 2024 </a>, Zip announced the shut down of its Zip Business Capital ANZ subsidiary, selling its loans operation to Prospa, an SME lender, for AUD 15.6 million (~USD 10.3 million).Key customers and partnershipsIn August 2024, Zip&nbsp;<a href="https://sp-edge.com/updates/32726">partnered with</a> <a href="https://sp-edge.com/companies/57000">Stripe</a>, an API-based payment infrastructure and card-issuing and fraud prevention platform, to integrate its BNPL offering with Stripe for US merchants. In September 2023, Zip <a href="https://sp-edge.com/updates/21761">partnered with Primer </a>, a global payment infrastructure provider, to enhance its payment stack and drive growth in the US market. In May 2023, <a href="https://sp-edge.com/companies/976316">​​ </a>Zip collaborated with New Zealand-based Centrix, a credit bureau, to develop a credit reporting system, <a href="https://sp-edge.com/updates/18326">PayWatch </a>. In November 2021, Zip Co announced a partnership with US-based WebBank to launch Zip Card, a physical card-based BNPL solution that is linked to the customer’s debit card, enabling users to make biweekly payments automatically. Zip Co planned to roll out the card in 2021 and 2022.&nbsp;Funding and financialsIn September 2015, Zip Co debuted on the Australian Securities Exchange, raising USD 5 million through a reverse takeover (SPAC) of Rubianna Resources. In February 2022, Zip announced roughly AUD 200 million (approx. USD 142 million) in funding through an AUD 148.7 million (approx. USD 106 million) fully underwritten share placement for institutional investors and a share purchase plan of AUD 50 million (approx. USD 36 million). The funds were expected to strengthen Zip’s balance sheet and provide runway capital for expansions in the future. This followed its AUD 400 million (approximately USD 308 million) financing via convertible notes to support its global expansion, particularly into Asia. Furthermore, it was also revealed that the company aims to set up in Singapore, Malaysia, Thailand, the Philippines, and India.&nbsp;In FY2023, Zip reported AUD 677.2 million (~USD 433.6 million) in revenue, reflecting a growth of 16.8% YoY. This was driven by an 8.1% YoY increase in transaction volume to AUD 8.8 billion (~USD 5.6 billion). However, Zip’s loss before tax stood at AUD 372.3 million (~USD 238.4 million) for FY2023, compared to AUD 808.1 million (~USD 517.4 million) recorded in FY2022.

Established renewable energy technologies for a greener future

Current-gen renewables

Swift Current Energy is a renewable energy company that develops, constructs, owns, and operates utility-scale wind, solar, and energy storage projects across the US. The company's key product offerings include large-scale solar farms, such as the 260 MWdc Tres Bahias Solar project in Texas, which commenced operations in March 2024. This solar plant supplies power to City of Houston facilities through a power purchase agreement (PPA) with an affiliate of NRG Energy. Swift Current Energy also has the 800 MWdc (593 MWac) Double Black Diamond Solar project under construction in Illinois, expected to be the second-largest single-phase solar project in the US upon its energization in 2024. The company's business model involves securing long-term PPAs and structuring tax equity financing for its renewable energy projects. In August 2023, Swift Current Energy closed USD 779 million in project financing for the Double Black Diamond Solar project. Additionally, the company has a 197 MWac Castle Gap wind project that entered commercial operations. As of January 2024, Swift Current Energy had a development pipeline exceeding 10 GW of wind, solar, and battery storage projects across premium markets in the US. In November 2023, the company's 402 MWac Mineral Basin Solar project in Pennsylvania was awarded a 20-year power contract from NYSERDA, making it one of the largest solar facilities in the US to be sited on former mine land.
Key customers and partnerships
In March 2024, Swift Current Energy announced that its 260 MWdc Tres Bahias Solar project in Texas is powering City of Houston facilities through a PPA with an NRG Energy affiliate. The City of Chicago will source renewable energy from Swift Current Energy's Double Black Diamond Solar project to power several facilities, including O'Hare and Midway airports. Other notable customers with agreements to purchase power from Double Black Diamond include Cook County Illinois, CVS Health, Loyola University of Chicago, PPG, State Farm, and TransUnion.

Ensuring the right people access the right resources at the right time

Identity & Access Management

<div>
 
 BioCatch specializes in behavioral biometrics intelligence, leveraging advanced cognitive science, AI, and ML to analyze user interactions and deliver insights about identity, trust, and legitimacy of online activities. The company's flagship product, BioCatch Connect, is a fully integrated fraud and anti-money laundering (AML) portfolio that proactively detects and interdicts fraudulent activities and criminal actors targeting customers of the world's largest brands.
 
 
 BioCatch's technology continuously collects data from five distinct sources &ndash; applications, user behaviors, devices, networks, and transactions &ndash; during each online session. Its Continuous Behavioral Sequencing (CBS) technology parses, matches, analyzes, coalesces, and scores this data to generate dynamic user risk scores. This predictive intelligence enables fraud, AML, and cybersecurity teams to monitor, investigate, and interdict potential fraudulent user activities and sessions in real time.
 
 
 UK-based private equity firm Permira acquired a majority stake in BioCatch through a secondary market transaction in May 2024 at a valuation of USD 1.3 billion.&nbsp;
 
 
 Key customers and partnerships
 
 
 As of May 2024, BioCatch catered to 190 financial institutions as customers globally, including over 30 of the world's largest 100 global banks. Notable customers include National Australia Bank (NAB), Barclays, NatWest, and other major banks in the UK and Australia.&nbsp;
 
 
 In March 2024, BioCatch announced a partnership with Google Cloud to extend its fraud-prevention solutions into new and rapidly expanding markets, with an initial focus on Southeast Asia. This collaboration aims to provide real-time protection and enhance the accuracy and speed of fraud detection for financial institutions in the region.
 
 
 Funding and financials
 
 
 As of June 2023, BioCatch processed over 7 billion user sessions per month. The company reported 49% annual recurring revenue (ARR) growth in 2023, surpassing USD 100 million in ARR.
 
 
 In November 2023, the company raised USD 70 million from Sapphire Ventures at a valuation of over USD 1 billion.
 
 
 
</div>

Eolian, L.P. (''Eolian'') owns and operates a growing portfolio of energy storage projects and invests in the most experienced renewable energy development teams in the U.S. For nearly 20 years, Eolian's founding management has worked together to build the assets at the core of the company, creating unique and proprietary structures that have directly funded the development of more than 25,000 MW of successfully operating energy storage, solar and wind generating capacity across the country.  Eolian is owned by its employees and funds managed by Global Infrastructure Partners (GIP), a global, independent infrastructure investor.

euNetworks is a European provider of broadband infrastructure services.  euNetworks provides scalable, fiber-based products and solutions to a customer base at the forefront of technological transformation.

North Star owns and operates the largest wholly UK-owned fleet engaged in the UK’s offshore industry in the North Sea, providing the comprehensive operational experience of the seas around the UK coastline. Our clients rely on our advanced vessels and the unrivaled experience of our highly trained crews to provide offshore infrastructure support 24/7 365 days of the year.

Zenobe Energy manufactures and designs battery storage assets for electric bus operators, utilities, and industrial and commercial businesses. It offers grid-connected energy storage, frequency balancing services, second-life battery service, and charging services.

Liontown Resources is a mineral exploration and development company that is focused on the development of high-quality lithium and tantalum projects, as well as an emerging gold, PGE, nickel, and copper project in Western Australia. The company's goal is to locate, develop, and supply battery minerals to the rapidly expanding Electric Vehicle and Energy Storage industries.

Swift Current Energy is a renewable energy firm dedicated to advancing, owning, and managing large-scale renewable energy initiatives. The company's expertise lies in developing wind, solar, and energy storage projects to facilitate the shift to a more sustainable energy grid. Swift Current Energy engages in multiple phases of project advancement, spanning from initial site selection and authorization to funding, construction, and extended operational management.

Invenergy is a privately-held developer and operator of sustainable energy solutions. It has developed nearly 150 projects, including wind, solar, and natural gas power generation as well as advanced energy storage facilities.

Casella Family Brands is a multi-beverage, family owned company.

Wide Open Agriculture is a vertically integrated food and agriculture business. Wide Open Agriculture are seeking strong, sustainable financial returns and are committed to making a positive impact on the communities and ecosystems in which we operate.

Carbonplace is a carbon credit transaction network that will enable the secure, and transparent transfer of certified carbon credits.

CityFibre operates as an independent provider of fiber infrastructure in secondary cities. It develops a digital infrastructure that allows wholesale customers to offer broadband, ethernet, and 5G services to homes and businesses.

Lighter Capital is a fintech company that has created a new fundraising path for early-stage tech companies. Its transparent, data-driven process provides founders with up to $2 million of non-dilutive growth capital in a fraction of the time it takes to raise from traditional sources.

Pollinate is a software business, focused on reinventing merchant acquiring for banks around the world. The business is based in London, UK, and formed of experts and global industry leaders from the financial services, merchant acquiring, loyalty, and technology sectors. Over the past decade, the acquiring industry has grown from strength to strength, due to huge advances in technology, changes to regulation, customer demand, and an increase in disruptive payment companies, challenging retail banks for ownership of their merchant relationships. Pollinate is working with banks and enabling them to compete with these disruptors. Pollinate technology is an innovative cloud-based platform that wraps around a bank’s legacy payment systems.  The platform powers merchant and consumer digital experiences including onboarding, portals, and loyalty programs, without costly and distracting platform migrations. This allows merchants to more effectively manage their businesses with digital tools and data integrations, grow their businesses by connecting with their consumers, and give back to their local communities. For banks, the Pollinate platform helps them to understand and engage with their customers better and build stronger relationships with their merchants and consumers alike. In 2019, Pollinate successfully enabled the Royal Bank of Scotland Group to re-enter merchant acquiring with NatWest Tyl, providing their business customers with a proposition developed with them at the heart.

The Renewables Infrastructure Group is an investment trust dedicated to investments in assets generating electricity from renewable sources.

BioCatch is the leader in Behavioral Biometrics which analyzes an online user’s physical and cognitive digital behavior to protect individuals and their assets. Our mission is to unlock the power of behavior and deliver actionable insights to create a digital world where identity, trust and ease seamlessly co-exist. Leading financial institutions around the globe use BioCatch to more effectively fight fraud, drive digital transformation and accelerate business growth. With over a decade of analyzing data, over 60 patents and unparalleled experience, BioCatch continues to innovate to solve tomorrow’s problems. For more information, please visit www.biocatch.com

At Symple, their unique underwriting process allows us to offer interest rates and loan terms that are specific to you.  They reward customers who have the highest credit scores, with interest rates generally well below what most major banks offer. But that also means their rates may not be better for those with credit scores that are not quite as strong.  By using Symple’s Quick Quote feature, you’ll get your personalised indicative rate in just 2 minutes (and before you apply).  You can then use that rate to compare against what others are offering, so that you get the best rate available.

Basiq is an aggregation platform for acquiring financial data. It provides access to financial institutions through APIs. Its platform utilizes financial solutions that inculdes personal financial management software, account verification services, credit scoring, credit risk assessment, and wealth management. Basiq was founded in 2016 and headquartered in South Wales, Australia.

LendInvest operates an online marketplace for property lending and investing. Its online marketplace platform lets everyday investors access various types of asset classes; and underwrites and pre-funds various investments. LendInvest also offers short-term property finance, such as bridge loans, development loans, and buy-to-let loans. Christian Faes and Ian Thomas founded it in 2008, with its headquarters in London in the United Kingdom.

Brighte is a sustainable energy technology platform at the intersection of energy and finance. Brighte provides financing for sustainable home improvements (e.g. solar, batteries, EVs, cooking, double glazing etc.) aswell as energy retailing. Launched in 2015 by Katherine McConnell, with the mission to make every home sustainable. Brighte offers 0% interest payment plans that remove the upfront cost barrier of big ticket items like solar and batteries for homeowners. On the flipside, vendors receive the prompt lump sum payment they need as soon as they complete the job. Additionally Brighte offers bundled energy plans when homeowners choose Brighte to finance adding batteries to their solar system. Brighte is backed by Grok Investments, Airtree Ventures, Qualgro and Skip Capital. Brighte is a leading Australian fintech and has been widely recognised for its innovative, distruptive offering in energy and the sustainable home improvements market.

Lease Corporation International (LCI) is a privately owned aircraft lessor founded in 2004. Since its inception LCI, has acquired aircraft with a value approaching $6 billion and has provided leasing services to airlines, freight carriers and helicopter operators. These include leading airlines such as as British Airways, Singapore Airlines and Air France, and major helicopter operators such as Babcock.

Digital Shadows identifies unwanted exposure, protect against external threats, and minimize digital risk. The company's product Digital Shadows SearchLight helps to minimize these risks by detecting data loss, securing the online brand, and reducing the attack surface. Digital Shadows has proven that their digital risk management service is incredibly valuable, providing my security teams with context, prioritization, recommended actions, and even remediation options to dramatically reduce risk to Sophos. The company was founded in 2011 and is based in San Francisco, California.

Lifestyle Communities develops land lease communities because our residents have worked hard for what they have, and they deserve reasonably priced, beautifully built, low-maintenance homes complemented by best-in-class facilities. Because our homeowners haven't given up on the idea of returning to a time when they formed solid communities around their own homes, the organization creates communities.

Athena Home Loans aims to revolutionize the home loan process, providing a high level of service and savings to help customers reach financial freedom faster. Athena offers competitive interest rates and aims to keep these rates low for both new and existing customers, unlike traditional banks that may only offer low rates to new borrowers. The entire loan application and management process is digital. Borrowers can apply online, get approvals quickly, and manage their loans through Athena's digital platform without the need for in-person meetings.

In 2013, our founding team recognized the lack of smart terminals in the market, so we set about reimagining the ubiquitous payment terminal into a connected, multi-purpose device that runs third-party apps. As smart terminals become mainstream, Poynt OS sets the standard as the open operating system that can power any smart payment terminal worldwide. Combined with our Apps ecosystem we are creating a new app economy for merchants and allowing developers to write once and distribute everywhere. Fuelling our growth are some of the Valley’s top VC firms and leading global payments and fintech companies including Elavon, Google Ventures, Matrix Partners, National Australia Bank, NYCA Partners, Oak HC/FT Partners, Stanford-StartX Fund, and Webb Investment Network. Headquartered in the heart of Silicon Valley in Palo Alto, CA, with offices in India and Singapore, we’re growing rapidly on a global scale so that merchants worldwide have the technology to transform their business.

CDB Aviation is a global platform which owns, leases, and manages commercial aircraft. CDB Aviation Lease Finance (CDB Aviation) is a customer-centric relationship driven organization where they understand an aircraft lease is not simply a single transaction of an airplane lease, rather an engagement and understanding recognizing airlines fleet needs are specific and ever changing.

Wave makes running a small business better by providing free accounting, invoicing, affordable credit card processing (payments) and payroll. Over 3 million small business owners, in more than 200 countries around the world, rely on WaveApps to run their business. Wave was founded in 2009 and is headquartered in Toronto, Canada.

Zip is an online payments technology provider that offers consumers credit options for online shopping. The company was founded in 2013 by Larry Diamond, Niamh Mc Enaney, and Peter Gray and is headquartered in 	Sydney, New South Wales, Australia.

Avolon is an international aircraft leasing company, headquartered in Ireland, with regional offices in the China, Dubai, Singapore and the United States. Avolon provides aircraft leasing and lease management services.

Thinkorswim Group is an online broker that offers live and internet-based options trade services. Being a self-regulatory body, the company offers services to fund trading accounts for self-directed option traders and institutional users who invest in equities, exchange-traded funds, futures, mutual funds, and bonds.    Thinkorswim Group was founded in January 1999 and is based in Chicago, Illinois.

National Australia Bank provides financial services to individuals and businesses in Australia, New Zealand, Asia, the United States, and the United Kingdom. It operates through Consumer Banking and Wealth, Business and Private Banking, Corporate and Institutional Banking, and New Zealand Banking segments.  National Australia Bank accepts transaction accounts, savings accounts, term deposits, and deposit accounts; and specialized accounts, such as foreign currency, business interest, statutory trust, community free saver, and farm management accounts. It also provides home loans; personal loans; agribusiness loans; business market and option loans; agribusiness loans; equipment and vehicle loans; debtor, invoice, and trade finance; and documentary trade, as well as business overdrafts and bank guarantees.  Moreover, National Australia Bank offers insurance products consisting of car, home and content, landlord, travel, life, and injury insurance products; and pension, superannuation, self-managed super funds, and financial planning and advisory services. Further, it provides investment products; credit, debit, and business cards; payments and merchant services; travel services; online banking services; small business services; and international and foreign exchange solutions.  National Australian Bank operated through a network of 719 branches and business banking centers, and 2,695 ATMs as of September 30, 2017. It began operation in 1982, with its headquarters in Adelaide in Australia.

<div> National Australia Bank Limited (ASX: NAB) is one of Australia's largest financial services companies, offering a wide range of banking and financial products and services. Founded in 1982 through the merger of National Bank of Australasia and the Commercial Banking Company of Sydney, NAB has since grown to become a major player in the Australian and New Zealand banking sectors. NAB's product offerings include personal banking, business banking, and institutional banking services. Its personal banking products are provided through various channels, including NAB, nabtrade, and UBank. For business customers, NAB offers specialized expertise in sectors such as agribusiness, property, health, government, education, and community. The bank also provides wealth management, advice, and trading services through NAB Private Wealth in collaboration with JBWere and nabtrade. Additionally, NAB encompasses healthcare banking and finance businesses HICAPS and Medfin, as well as Advantedge, a wholesale funder and distributor of white label home loans. In its 2023 financial year, NAB reported an 8.8% increase in cash profits to AUD 7.7 billion. The bank has been focusing on digital transformation and innovation, as evidenced by its venture arm NAB Ventures investing in digital asset custodian Zodia Custody in June 2024. NAB has also been adapting to changing customer behaviors, with the bank noting that an increasing number of customers are choosing to do their banking online or over the phone. Despite this trend, NAB continues to maintain a physical presence, offering services through branches and Australia Post's Bank@Post service at 3,400 locations, including 1,100 in regional areas. </div>

Customers to benefit from NAB collaboration with AWS .. amazon web services;national australia bank (nab) . partner

The providers plug into merchant checkouts and convert business purchases into installments.

These platforms integrate with the merchant’s e-commerce checkout and primarily offer the BNPL solution through their app. Consumers are restricted to shopping at merchants integrated with the provider in most cases.

These providers integrate with the merchant’s e-commerce checkout. The service is offered through the provider’s app or a virtual card that facilitates in-store application, including non-partnered retailers.

These companies offer merchants and financial institutions a white-label product to provide in-house BNPL solutions.

National Australia Bank (NAB)

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