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