Australia opens its doors to UK fintech collaboration with mayoral visit

City of London Lord Mayor Charles Bowman with the participants in a Committee for Sydney roundtable held in Sydney on 12 February 2018

Fintech ties between Australia and the United Kingdom were strengthened last week when the London Lord Mayor Charles Bowman travelled down under with a fintech business delegation.

Mr Bowman met with various government and business leaders, regulators, and trade bodies in Sydney, Canberra and Melbourne. He discussed his plans for the City of London to be a home away home for Australian fintech startups.

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Why 2017 was a turning point for Australian fintech

By Stuart Stoyan, Chair of FinTech Australia

Stuart Stoyan

Australia’s fintech industry had a strong finish to 2017 in a year that saw growth and change that our members can be bullish about.

We now make up about one fifth of the Australian startup industry (according to the latest Startup Muster report) and have among the best fintech market penetration in the world according to EY.

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Sponsorship opportunities for Finnies and research and education program

FinTech Australia has opened up sponsorship opportunities for this year’s Finnies industry awards and an exciting new research and education program.

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Member Showcase for January 2018

Despite the fact it’s still the holiday season, there have been plenty of announcements from our members during the month of January.

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FinTech Australia comment on ATO cryptocurrency taskforce

FinTech Australia and one of its members, Blockchain Global, provided the following comments to InnovationAus in response to media reports that the Australian Tax Office has set up a taskforce to examine tax issues around cryptocurrencies.

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FinTech Australia members out of the blocks on crowdfunding

Three FinTech Australia members – Birchal, Equitise and OnMarket – were first out of the blocks to take advantage of the Australian Governments commencement of legislation supporting the equity crowdfunding of public companies.

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Melbourne home to two dedicated fintech hubs

Melbournes growing strength as a fintech destination was emphasised at the close of 2017 with the launch of a new blockchain innovation centre and an announcement that the Victorian Government will back two fintech startup hubs.

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Member Showcase December 2017

Below are announcements from our members for December 2017:

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Sponsor our end of year infographic and opinion piece

We have an opportunity for a fintech community leader to sponsor our end-of-year infographic and opinion piece, which will outline the industry’s achievements during the second half of 2017 and predictions for 2018.

Our half-year infographic, published in August, (pictured left) received widespread domestic and international media, and social media attention.

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Comment on Australian Securities Exchange decision to use distributed ledger technology

Below is a comment given to The Australian newspaper on the decision by the Australian Securities Exchange to use distributed ledger technology for its settlement and clearing system for equities transactions.

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When it comes to blockchain and distributed ledger technology, Australia is going beyond the hype and instead developing real solutions and governance for this technology. The ASX announcement is further evidence of this.

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Credible’s big capital raise illustrates hunger for fintech exposure by Australian investors

A successful AUD$67 million capital raise by US-based consumer finance marketplace Credible on the Australian Securities Exchange (ASX) illustrates the strong and growing appetite for exposure to fintech by Australian investors.

Credible was founded as a student loan refinancing marketplace in San Francisco in 2012 by Australian-born entrepreneur Stephen Dash.

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Member showcase for November 2017

Below are our member announcements for November 2017:

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$1 million on offer in Global Startup Challenge 2017

Global Startup Challenge is an initiative of NRI Startup India to empower innovations & startups across the globe through the platform EDGE 196.

It’s a series of challenges which will get launched every quarter across multiple sectors. The first sector being highlighted is Fintech.

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Intersekt 2017…that’s a wrap!

Its been a whirlwind ride but Australias inaugural fintech festival – Intersekt – is over.

In this post, were keen to bring all the highlights and key facts and figures from the festival, held from 27 October to 3 November 2017 in Melbourne.

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Fintech community invited to Microsoft Summit next week

FinTech Australia’s new tech partner, Microsoft Australia, is inviting members of the fintech community to the Microsoft Summit being held in Sydney next week.

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