Global Fintech Hackcelerator 2022: Web 3.0 and Green Finance

Monetary Authority of Singapore is excited to announce the launch of the MAS Global FinTech Hackcelerator 2022, a highly anticipated innovation challenge organized annually, powered by Oliver Wyman. This year, they are looking for innovative solutions on two key topics (1) Web 3.0 and (2) Green Finance.

This Hackcelerator is a great opportunity for FinTech companies to gain access to some of the fastest growing markets in Singapore and the region. Through the Hackcelerator, they are looking to provide additional support to promising FinTechs, who have the right solutions to drive a green and sustainable financial industry.

With the theme “Accelerating a Greener Digital Future”, the Hackcelerator is looking for solution providers with market-ready ideas that can address industry-sourced problem statements.

Applications for MAS Global FinTech Hackcelerator 2022 are now open till 26 June 2022!

For more information, please visit this website.

APPLY NOW


About the Global FinTech Hackcelerator

In its 7th edition, the Monetary Authority of Singapore (MAS) Global FinTech Hackcelerator, powered by Oliver Wyman, seeks to unlock the potential of FinTech in accelerating the development of Web 3.0 and Green Finance solutions.

InvestHK introduces expanded programme for Global Fast Track 2022 to help fintech companies connect with Asian corporate clients and investors

Invest Hong Kong (InvestHK) announced recently, the launch of Global Fast Track 2022, a programme that helps fintech companies leverage the unique advantages of Hong Kong to scale in Asia while building a solid foundation for long-term growth. Returning for its third year, Global Fast Track is now open for applications from global and local fintech companies looking to connect with corporate clients and investors and capture fast-growing opportunities in Asia and beyond.

Starting this year, Global Fast Track will be a standalone flagship programme that runs throughout the year. It offers extended support to empower fintech firms to scale and grow. Given that fintech firms have varying needs throughout the business cycle, the year-long programme will enable InvestHK, corporates, investors and partners to provide long-term, tailored and holistic support for firms. Partnering regulators of Global Fast Track are the Hong Kong Monetary Authority, the Insurance Authority, the Securities and Futures Commission and the Customs and Excise Department.

Global Fast Track’s business matching portal, pitching competition, and mentoring sessions will connect qualified applicants with a diverse range of Asian Corporate and Investor Champions to explore potential business deals and investments. In addition, it will feature for the first time Service Champions selected from a broad spectrum of professional service providers, including but not limited to law firms, marketing agencies, information service providers and talent development companies. They will enable fintech firms to draw from a wider range of relevant expertise to accelerate their business growth.

“The success of InvestHK’s Global Fast Track shows that Hong Kong is one of the most attractive places for fintech firms to grow, scale, achieve impacts and flourish,” the Director-General of Investment Promotion at InvestHK, Mr Stephen Phillips, said. “The expanded programme showcases the unique advantages of Hong Kong as a global fintech hub, from keen fintech adoption and diverse funding opportunities to world-class professional services. In short, Hong Kong has everything a firm needs to succeed.”

The Head of Fintech at InvestHK, Mr King Leung, said, “As one of the most dynamic scale-up programmes globally, Global Fast Track provides qualified candidates direct access to Hong Kong’s thriving fintech ecosystem. Following last year’s success, we have introduced Service Champions to this year’s Global Fast Track to provide even more tailored and comprehensive support to fintech firms. Selected firms can be confident that they will have ample resources to grow their business and achieve their scaling ambitions.”

Global Fast Track 2021 achieved significant success with over 300 fintech firms receiving support from more than 90 local and regional Corporate and Investor Champions. Last year’s Corporate and Investor Champions included AIA, AlipayHK, AMTD Group, Citi, CITIC Capital, Chow Tai Fook Enterprises Limited, Cyberport, the Family Office Association Hong Kong, Greater Bay Area Development Fund Management Limited, Hong Kong Exchanges and Clearing Limited, the Hong Kong Science and Technology Parks Corporation, Hongkong and Shanghai Banking Corporation, LFX, Manulife Hong Kong and Macau, the MTR Corporation Limited, SC Ventures, Visa, WeChat Pay HK and more.

Application is open from now until September. Qualified fintech firms can start engaging Corporate, Investor and Service Champions that match their business needs in one-to-one meetings via the matching portal starting from July. Participants will also have access to mentoring and consultation sessions with Champions, regulators and partners to further develop their market entry and growth strategies. Outstanding fintech firms from eight key fintech verticals (Commercial Banking; Digital Assets; InsurTech; InvestTech and WealthTech; Payments; RegTech; Retail Banking; and Environmental, Social, and Governance) will be invited to enter an online pitching competition. The competition final will be held during Hong Kong Fintech Week in November.

Learn more about the complete list of Champions and the application process here: www.globalfasttrack.hk, and follow FintechHK through the following channels: LinkedIn/YouTube.


About InvestHK

InvestHK is the department of the Hong Kong Special Administrative Region Government responsible for attracting foreign direct investment. It has set up a dedicated fintech team in Hong Kong to attract the world’s top innovative fintech enterprises, start-up entrepreneurs, investors and other stakeholders to set up or scale their business via Hong Kong into Mainland China, Asia and beyond. For more information, please visit www.hongkong-fintech.hk.

Entries are now open for the Finnie Awards 2022

Entries for the most awaited fintech business awards is now open, giving 800+ fintech companies an opportunity to showcase their achievements


The Sixth Annual Edition of FinTech Australia’s most prestigious fintech business event, the Finnie Awards 2022 is now open for entries. In partnership with the Victoria Government, the Finnies this year will have 23 awards including the two award categories that were introduced last year. Excellence in Open Data award and Hall of Fame award.

With the advent of the Finnies, fintechs in Australia will have the opportunity to be acknowledged for their excellence in fintech categories across wealthtech, regtech, blockchain, digital lending, digital banking, payment services and digital security.

For the first time last year, finnies witnessed women acing the top industry awards, showing how the organisation has grown at par with the emerging sector.

Andrew Porter, CEO FinTech Australia said “Australia is leading the charge as a hub for true innovation in the financial services industry with a number of world-leading fintechs. These awards are an opportunity for fintechs to celebrate the success of the industry and create great market awareness of their services.”

Despite the lockdown restrictions, FinTech Australia witnessed over 290+ entries and 150+ finalists in the respective categories last year.

Some of the other corporate sponsors and partners for this year are IAG Firemark Ventures, Afterpay and TrueLayer.

More details about the Finnies, including award entry details, are available at https://www.thefinnies.org.au/ and participants can start submitting their entries https://finnies.awardsplatform.com/.


Entries are open until 30 March, 2022, with the gala event to be held in June 2022.

 

50 Complimentary Smart Metal Art Cards by IDEMIA

We’re pleased to work with our corporate partner – IDEMIA to provide a member exclusive metal card offer to you.

IDEMIA is globally renowned for Augmented Identity and for their innovation in payment cards. IDEMIA offers a comprehensive range of physical payment solutions alongside complimentary digital services in identity and authentication. With a wealth of experience in working with financial services partners across established companies and fintech start-ups, they are highly regarded for their industry knowledge.

Through its unique metal cards offer, IDEMIA has set a goal to assist Australian Fintechs to elevate their brand, differentiate from the competition and add a distinctive value proposition to address different customer segments. More than just a payment form factor, metal cards make the cardholder feel unique and create an unrivalled payment experience.


50 COMPLIMENTARY
 SMART METAL ART CARDS

To support Fintech Australia members, IDEMIA is offering 50 complimentary Smart Metal Art (SMA) cards as part of a program to showcase and celebrate your launch with key internal or external customers. IDEMIA will work with you to design and launch this specialized metal card initiative.

 

AUGMENTED SERVICES 

In addition to the provision of the metal cards, IDEMIA will also provide the following services to offer you an exclusive experience:
  • Stunning Design:
    IDEMIA in-house design services can support in creating the most outstanding metal card for your brand
  • Issuance Management:
    Provide integration for card issuance services as part of IDEMIA’s Fintech accelerator program,
  • World Domination:
    Availability to the IDEMIA Hub, to support a seamless expansion and transition of your business to other markets in region or globally.


TAKE YOUR PAYMENTS
TO A HIGHER LEVEL
If you are interested in learning more about this exclusive Metal Card initiative for Fintech Australia members, please contact James Sibbick:IDEMIA
james.sibbick@idemia.com

Global Open Finance Challenge

This November, four leading banks from across the globe are joining forces to explore the future of finance in the Global Open Finance Challenge. The event will be co-hosted by NAB (Australia), ITAU (Brazil), NatWest (UK) and CIBC (Canada), and is the first of its kind.

The Global Open Finance Challenge is a week-long virtual event that will bring together teams from around the world to pitch API-enabled propositions on a global stage. Participants will receive mentoring from respected banking executives and ventures teams before going head-to-head with their ideas.

The top four teams will each have the opportunity to participate in a post-event tailored incubation program. This program will include the following:

  • Proof of Concept with a Bank: a dedicated in-bank team to collaborate and support a proof of concept, including feedback from front-line and customer research groups.
  • Ventures Pitch: Post-Event Teams will have the opportunity to pitch to all of the Banks’ ventures teams
  • Local Market Guidance: Post-Event Teams will receive exclusive meetings where in-bank teams will provide education on the Banks local market environments.
  • Senior Leadership: exposure to internal decision makers for networking relationship support and partner discussion
  • Media Coverage: the winning teams will be featured in press releases across global and local banking, fintech, and technology media channels
  • Solution Architecture: expert consultants from Amazon Web Services (“AWS”) will provide support on functional and technical designs

Your opportunity to build an API-enabled concept in response to one of the following challenges: 

  • Experience: How can we better serve our corporate and business customers, and the public at large, by delivering high-value digital services?
  • Convenience: How can we help current and new customers access banking services through more convenient or relevant digital channels?
  • Sustainability: How can we find innovative ways to help our customers make better decisions around climate and sustainability?

Registrations close 26 September, 2021

Where: Online

Cost: Free

Registration and more infowww.globalopenfinancechallenge.com

 

Why participate?

    • Growing and nurturing domestic talent and ideas to solve global problems
    • Teams can access APIs from 4 global banks (which normally have a hire barrier to entry to obtain accreditation to leverage) which is a great chance for Aus start-ups to test their solutions in new marketing
    • The above complimented by the fact winners will get a PoC with the global banks – all banks have committed – A great opportunity for AUS start-ups to expand overseas with the help of local banks and AWS
    • NAB Ventures are supporting finalist teams – great chance for businesses to showcase to the team
    • IP remains with the participants – the banks will not own any of the IP
    • The judges are all the banks CEOs  AND the CTO of Amazon Group
    • Opportunity for students to showcase their work front of global banking, VC and Amazon execs
    • Mentorship is included in the process so are webinars, fire side chats, networking and pitch workshops – all online

Intersekt 2021: Marketing Guide!

Why download this guide?

  • Access to 13 tried-and-tested marketing tips that you can implement immediately before Intersekt
  • Get an overview of everything you can do to generate more leads and better brand awareness at Intersekt, even if you’re not sponsoring the event. 
  • Practical ideas ranging from SEO, Google Ads, Social Media, Email marketing and more. 
  • Includes a thorough Checklist that you can hand over to your marketing teams to execute. 

About Rocket
Rocket is an award-winning independent agency that specialises in generating leads and sales for established Australian businesses. This guide includes advice from some of the best digital marketers in Australia – aimed to enable you to deliver better marketing results.

Startupbootcamp has partnered with Global Victoria to create Virtual Trade Mission

Startupbootcamp has partnered with Global Victoria to create a Virtual Trade Mission, seeking to facilitate and prepare Victorian startups and scaleups for the upcoming UK Fintech Week conference.

The program will allow entrepreneurs to gain the most value from attending the UK Fintech Week while attending remotely. Centered around the potential value of the UK for Victorian startups and scaleups, the masterclasses will be on ‘Building up Relationships in a Virtual World’, ‘Corporate Startup Collaboration’, ‘Remote Digital Marketing Tracking’, and ‘Why Do Business in the UK’ amongst others.

In addition, Growth Hacking support will be provided by Startupbootcamp to build up qualified leads that the participating startups and scaleups can utilise during the virtual conference. Utilising the skills learned from the masterclasses, this mission will facilitate participants’ exploration of opportunities and challenges.

This Virtual Trade Mission will provide startups and scaleups with the tools to facilitate participants’ exploration of opportunities and challenges during a pivotal time of change in the UK and EU in the context of Brexit.

Interested Victorian startups and scaleups who wish to apply or find out more can visit Global Victoria.

 

AWS FinTech Mentorship Day

Join us on August 26 as we partner with AWS to bring you the AWS FinTech Mentorship Day. This is an opportunity for fintech startups to engage in mentor sessions to discuss key challenges and FinTech best practices with startup experts and their peers.

https://awsfintechmentorshipdayaug2020.splashthat.com/

FinTech Australia launches talent marketplace

FinTech Australia has partnered with Tier One People to launch a talent marketplace for Australian fintechs.

The marketplace, run through LinkedIn Groups, aims to connect candidates with prospective employers and help any talent displaced by the COVID-19 pandemic find new opportunities.

Before even launching, Revolut, Xinja, Up, Wisr, 86 400, Assembly Payments, ReInventure Group, Airtree Ventures and Spriggy are just some of the companies to show their support by joining the group. Job opportunities will be advertised in the group beginning this week.

“This crisis will cost many their jobs, and the fintech industry is not immune. However, the FinTech Talent Marketplace is a way that we can help those whose jobs are impacted and keep them in the ecosystem,” FinTech Australia GM Rebecca Schot-Guppy said. (more…)

EOI for Trade Mission CB Insights: Future of Finance

This year FinTech Australia is planning a trade mission to California for the CB Insights: Future of Finance. The mission to the US will include access to the conference, a full-day program and various social and networking events to allow participants to meet with industry partners and other thought leaders. (more…)

Upcoming Events
  1. Intersekt 2022

    September 7 - September 8
Videos

Ep 2: Fintechs Acceleration of Growth Since COVID

Ep 1: The Evolution of Payments

Scaling Product Globally

Podcasts

Lee Hatton – Afterpay: FinTech Australia Podcast

Anthony Jones – Visa AUS/NZ

Tim Cameron – TransferWise