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Finance Wrap: Fintech Winners Surge While Banks and Fund Managers Split

1:22pm on Saturday 25th of April, 2026 AEST MARKET NEWS
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Finance Wrap: Fintech Winners Surge While Banks and Fund Managers Split

1:22pm on Saturday 25th of April, 2026 AEST
Key Points
  • Papyrus Australia, DigitalX and HUB24 led the biggest moves, but for very different reasons.
  • Non-bank lenders kept posting strong loan growth and, in some cases, better profit and credit results.
  • Platform and wealth managers gathered new client money, yet share prices often slipped as broader markets turned shaky.
  • Banks stayed defensive as higher bad-loan charges, asset sales and capital moves kept investors cautious.
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