Westpac’s new AI leader.

What we’ll cover today:

Westpac’s new AI leader aiming to transform banking 🤖

Rillet’s $25M raise to turbocharge AI accounting 📈

Why fintech insiders say AI is the game-changer of 2025 🔥

Upcoming fintech events you don’t want to miss 📅

Westpac Names New AI Chief — Dr. Andrew McMullan Joins! 🤖

Australia’s Westpac bank has hired Dr. Andrew McMullan, a data and AI expert formerly with Commonwealth Bank and RBS, to lead their AI and digital transformation.

🚨 Breaking News:
Starting September 2025, McMullan will oversee Westpac’s data, digital, and AI efforts, focusing on using tech responsibly to improve experiences.

⚡ Wire Simplified –

• McMullan joins Westpac from Commonwealth Bank as their new chief data, digital & AI officer.

• He’ll lead efforts to simplify tech and boost customer & employee experiences.

• Works directly with CEO Anthony Miller and CIO Scott Collary on big projects like UNITE.

• Nearly 20 years of experience in banking tech and analytics.

• Westpac aims to be a truly service-centric bank under his watch.

✔️ Straight to the Point –
Westpac is betting big on smart AI leadership to make banking smoother and friendlier — without losing the human touch.

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Rillet Raises $25M to Turbocharge AI Accounting 🚀

Rillet, an AI-powered accounting platform led by ex-N26 US CEO Nicolas Kopp, just landed $25 million in a funding round led by Sequoia Capital.

🚨 Breaking News:
The startup plans to use the cash to speed up AI development, automate accounting tasks, and grow its sales and support teams.

⚡ Wire Simplified –

• Rillet automates accounting with AI agents for invoices, reports, and reconciliations.

• Raised $25M Series A led by Sequoia, with big-name backers joining in.

• Has about 200 clients including Postscript and Windsurf.

• Revenue grew fivefold year-over-year after launching automated ledger last year.

• Plans to ramp up AI features and customer support.

✔️ Straight to the Point –
Rillet is proving AI can make accounting less boring and more efficient — now it just needs to keep impressing with growth.

FinovateFall 2025
FinovateFall is a leading FinTech conference that showcases cutting-edge banking and financial technology through short-form demos and expert insights. The event also includes the Finovate Awards, recognizing companies driving FinTech innovation forward.
Date: September 8–10, 2025 | Location: New York, NY, USA

Book your seat here

Money20/20 USA 2025
Money20/20 USA is a premier event that brings together the global FinTech community to discuss the future of money, payments, and financial services. The event features industry leaders, innovators, and disruptors.
Date: October 26–28, 2025 | Location: Las Vegas, NV, USA

Book your seat here

Fintech Talents North America 2025
Fintech Talents North America is the ultimate FinTech event for credit unions, community banks, financial institutions, and FinTechs from across North America. The event offers networking opportunities, workshops, and discussions on the latest trends in FinTech.
Date: September 2–3, 2025 | Location: New York, NY, USA

Book your seat here