Sydney Stock Exchange join FinTech Australia’s partnership program

Sydney Stock Exchange (SSX) has joined FinTech Australia’s corporate partnership program, becoming the 13th new major member it has signed on in a year. SSX joins existing partners Xero, Amazon Web Services (AWS), Mastercard, EY, Facebook, Google, eftpos, IDEMIA, Regional Australia Bank, RSM Australia and the Newcastle Permanent Building Society.

The partnership program embeds companies within the fintech ecosystem and networks them with its key players.

“We look forward to working with the SSX as it looks to grow its presence in the fintech industry,” FinTech Australia CEO Rebecca Schot-Guppy said. “With many of our members considering their options for capital and the fintech industry rapidly growing, we believe it’s an ideal time for SSX to help educate members on their options for fundraising.”

“As a growth company with international reach, the Sydney Stock Exchange is a natural partner for Australian fintechs. Our entry requirements are more supportive, and our ongoing administration is far more efficient. With the benefits of being listed, we help fintechs access the capital required to reach their potential.” Michael Go, CEO of Sydney Stock Exchange.

About FinTech Australia

FinTech Australia is a national association for the Australian FinTech Start-up community. Our vision is to make Australia the leading market for FinTech Innovation and Investment by working with both sides of Government, Industry and the Australian FinTech community to create a supportive environment and partner ecosystem in Australia and abroad.

About Sydney Stock Exchange 

SSX aims to support businesses to take the next step in their growth strategy.

SSX is an efficient, cost-effective listing venue which supports growth-oriented companies raise the capital they need to reach their potential. Through connections to global markets, SSX offers qualifying companies the opportunity to access capital internationally.

SSX Contact

Listings
getlisted@ssx.com.au
02 9217 2739

Media contact

Harrison Polites
harrison@themediaaccelerator.com.au
0409 623 618

How to structure your tech company to get the most from your people

Often, tech companies get started on a wish and a prayer.

The founders have a great idea, apply for an Australian Business Number (ABN), or set up a company, and don’t give the structure of this new business a second thought as they barrel forward with hours upon hours of development activities.

While setting up a company might provide some sense of security in the short term, the longer that founders go without properly evaluating their structure, the more difficult and expensive it is to change in the future.

This may not mean much in the early days, but when the value of intellectual property begins to increase so too do founder’s concerns about protecting it.


Start with the end in mind While setting up a company might provide some sense of security in the short term, the longer that founders go without properly evaluating their structure, the more difficult and expensive it is to change in the future.  

Every business needs a structure that is fit for purpose.

This means it aligns with the founder’s vision and goals for the business, such as whether they wish to:

 – grow the business
– run and hold the business
– publicly list the business
– sell the business

Even if the ideal structure or end state is not yet known, most (if not all) possibilities can be accessed if the structure provides enough flexibility from the onset.

A company is not always the best structure, and the same applies with a trust. The right structure considers a wide variety of elements – from who is involved in the company to the types of products and services you offer, to how and where you operate.

The disbursement of profits, application of capital gains tax, implications of tax across multiple jurisdictions and so on, can have a big effect on your ability to reach a cash flow positive state sooner rather than later.

READ THE FULL ARTICLE HERE

FinTech Australia adds Xero to its partnership program

FinTech Australia’s corporate partnership program has added its 12th major new member within a year, with Xero, the global small business platform, joining the program.

The growing partnership program embeds companies within the fintech ecosystem and networks them with its key players.

Other companies involved in the program include: Amazon Web Services (AWS), Mastercard, EY, Facebook, Google, eftpos, IDEMIA, Regional Australia Bank , RSM Australia and the Newcastle Permanent Building Society.

“We welcome Xero to our program, and look forward to working with them to reinforce the company’s strong connections in the Australian fintech industry.” FinTech Australia CEO Rebecca Schot-Guppy said.

“Having welcomed Xero as a partner is yet another indicator of the strong demand for collaboration with Australia’s booming fintech sector, reinforcing its position as a driver of overall economic growth”

Ian Boyd, Director of Partnerships APAC, Xero, said: “We look forward to working with FinTech Australia to drive greater visibility of the innovation being led by fintechs in Australia, and to coordinate with others on technology related policy. The recent Intersekt conference was a key example of the vibrant industry engagement FinTech Australia is fostering.”

Media contact

Harrison Polites
harrison@themediaaccelerator.com.au

0409 623 618

About FinTech Australia

FinTech Australia is a national association for the Australian FinTech Startup community. Our vision is to make Australia the leading market for FinTech Innovation and Investment by working with both sides of Government, Industry and the Australian FinTech community to create a supportive environment and partner ecosystem in Australia and abroad.

RSM Australia joins FinTech Australia as a Goldpartner

RSM Australia (RSM), one of the largest mid-tier accounting firms in Australia, has joined FinTech Australia’s corporate partnership program as a gold partner.

RSM is now the 10th company to join the program in a year. Other members include Amazon Web Services (AWS), Mastercard, EY, Facebook, Google, eftpos, IDEMIA, Regional Australia Bank and the Newcastle Permanent Building Society.

“We welcome RSM to our partnership program, which has gone from strength to strength over the past year, with each new member it becomes an even better offering for both companies and fintechs. FinTech Australia CEO Rebecca Schot-Guppy said.

“All the members of this program attended Intersekt last month and connected directly with thought-leaders and key founders in the ecosystem. This was one of our largest gatherings in the ecosystem to date, with over 700 delegates attending both in-person and virtually.”

“RSM’s services align very closely with the needs of the sector as it continues to raise capital and grow. We look forward to helping the company network and leverage its expertise on the key issues affecting the sector.”

RSM’s entry into the partnership program is an extension of the deep work the firm has been doing with the fintech industry.

“We have been advising clients at every stage of the lifecycle of a fintech start-up around Australia. Our fintech specialists are able to provide strategic and efficient solutions to navigate constantly evolving platforms and technologies as well as regulatory, tax and business issues that are unique to the industry,” RSM’s partner and national technology lead Andrew Sykes said. 

The FinTech Australia partnership program helps embed these companies within the fintech ecosystem and networks them with its key players.

Media contact

Harrison Polites
harrison@themediaaccelerator.com.au

0409 623 618

About FinTech Australia

FinTech Australia is a national association for the Australian FinTech Startup community. Our vision is to make Australia the leading market for FinTech Innovation and Investment by working with both sides of Government, Industry and the Australian FinTech community to create a supportive environment and partner ecosystem in Australia and abroad.

About RSM Australia: 

RSM Australia is an independent member firm of RSM which is the 6th largest professional services accounting and consulting organisation in the world. With this certification, RSM becomes the first mid-tier accounting firm in Australia to undergo this rigorous information security certification process encompassing all the business and corporate functions in the firm. 

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.

IDEMIA, G+D and NXP launch WLA to offer smart card and online payment firms an independent contactless payment standard

The White Label Alliance (WLA) was formed in response to increasing global demand for next-generation, independent payment solutions. WLA consolidates and sets independent standards for contact and contactless cards, mobile and other form factors and payment terminal acceptance. WLA has also signed a strategic licensing agreement with JCB. (more…)

The Fold Legal Blog: BNPL CODE – TO B OR NOT TO B A MEMBER?

This was initially posted on The Fold Legal blog.

The Australian Finance Industry Association (AFIA) has released a new voluntary Buy Now Pay Later (BNPL) Code (Code) to address criticism that the industry is under-regulated and to enhance consumer protections. The objective of the Code is to encourage a customer centric approach, promote industry standards and drive an uplift in compliance. In doing so, the Code imposes several conditions and protections that go beyond the current legal and regulatory regime for BNPL providers. (more…)

Funding a fintech: how can startups and scaleups attract private equity investment

As the rollout of the COVID-19 vaccine helps to encourage economic recovery, Australian Fintech companies, from start-ups to scale-ups, are in the sights of Private Equity (PE) investors.

PE firms have become increasingly more active in the Fintech sector, with $137.5 billion invested globally in 2019. (more…)

eftpos launches advisory committee to give FinTech a voice

eftpos has launched a FinTech advisory committee in collaboration with FinTech Australia, as a way of giving FinTechs a direct say in how they can access and leverage the eftpos payments network for the betterment of Australia’s digital economy. (more…)

IDEMIA Announces Corporate Partnership With FinTech Australia

Sydney, Australia, 11 February 2021 – IDEMIA, the global leader in Augmented Identity, has signed a corporate partnership with Fintech Australia, a trade association that seeks to boost growth of the country’s Fintech ecosystem. (more…)

Upcoming Events

There are no upcoming events at this time.

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