FinTech Australia signs on Google Cloud and eftpos corporate partners

FinTech Australia has announced both Google Cloud and eftpos as a new corporate partner for the organisation.

The FinTech Australia partnership program helps embed these companies within the fintech ecosystem and networks them with its key players. Partner companies also serve as a key support for events, awards and other FinTech Australia community activities.

FinTech Australia’s current corporate partners include: Amazon Web Services (AWS), VISA, Bank of Queensland, NAB, EY and BDO. (more…)

FinTech Australia Announces 2020 Finnies Award Winners

October 28, 2020 — Airwallex and Athena Home Loans, Brighte and Wisr are among the biggest winners of the virtual Finnie Awards. 

Airwallex took home a total of four awards including Fintech Organisation of The Year, Excellence in Payments and the new People’s Choice award for Organisation of The Year. The company’s President and co-founder Lucy Liu was also named Emerging FinTech Leader of the Year.

Athena Home Loans was awarded the Excellence in Consumer Lending and for the second year in a row the Emerging FinTech Organisation of The Year. Brighte’ Katherine McConnell was named Female Fintech leader of the year. The company also took out the award for Best Workplace Diversity.  (more…)

Australian fintech sector maintains momentum, despite COVID-19 and capital constraints

  • 39% of local fintechs surveyed now have more than 500 paying customers, up from just 27% in 2019
  • 72% of fintechs say the COVID-19 pandemic has had a negative impact on their capital raising ability
  • Payments, wallets and supply chain (30%) and lending (20%) are now the top two types of fintech services, largely driven by a step-change in consumer digital adoption and the rise of the buy now pay later sector

Despite the challenges of operating during a global pandemic, the Australian fintech industry is still managing to sustain its revenue base, attract more paying customers than ever before and plan for future global expansion, according to the EY FinTech Australia Census 2020 (“Census”). (more…)

FinTech Australia Impact on the Senate Inquiry

Dear Community,

Earlier this month the Senate Inquiry for FinTech and RegTech tabled its initial recommendations for future regulation of our industry. Thanks to the input of our members, over a third (14) of the 32 recommendations tabled by the Committee were initially suggested by FinTech Australia.

Crucially, many of the recommendations we suggested covered key policy areas for the fintech industry, including R&D tax incentives and the consumer data right.

We credit this result to the willingness of our members to engage with this process. Over 100 fintechs across various industries worked with us to create a submission that truly represents the community.  (more…)

FinTech Australia is proud to announce the 2020 Finnies finalists

Recognising and rewarding the Australian FinTech community by honouring innovation, growth and collaboration.

 

We are thrilled to announce the finalists for this year’s Finnies!

We received 211 incredible award entries across 19 categories. Thank you to everyone that took the time to enter.

FinTech Australia CEO, Rebecca Schot-Guppy, and the FinTech Australia Board were faced with the incredibly difficult task of arriving at the 134 finalists. The category winners will be announced at the virtual ceremony on Wednesday 28 October. (more…)

FinTech Australia partners with Vocus

FinTech Australia has partnered with specialist fibre and network solutions provider Vocus.

Vocus has signed up as an ecosystem corporate partner of FinTech Australia, in addition to supporting its major events. The partnership will see Vocus become a major partner at The Finnie Awards, as well as a supporter of Intersekt – Australia’s FinTech Festival.

Vocus joins AWS, VISA, Bank of Queensland, NAB, EY and BDO as a corporate partner of FinTech Australia. (more…)

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…)

FinTech Australia announces new board appointments

FinTech Australia has appointed three new board members, with the addition of one new board position in Queensland.

The board now consists of nine members split across Sydney, Melbourne, Brisbane, Adelaide and Perth. In addition to providing input on the direction and policies of Fintech Australia, the board actively participates in its operation.

The appointments follow FinTech Australias refocus to facilitate and encourage collaboration across all elements in fintech and the broader financial services sector. This years annual Finnies awards will focus on the relaunched ethos towards collaboration and recognising standout fintech businesses.

It also follows the groups escalation of its efforts to champion local issues affecting the fintech sector including the changing payments landscape, R&D tax credits, and the Consumer Data Regime.

General Manager of FinTech Australia, Rebecca Schot-Guppy says the new board additions are in line with the growth of fintech across Australia.

(more…)

FinTech Australia opens entries for 2019 finnies awards

Australia’s only industry-backed fintech awards, the Finnies, is calling for entries as it marks a shift from Sydney to Melbourne.

The awards give over 100 fintech startups the opportunity to be recognised by their peers for their work and innovation.

This year, the awards will hone in on collaboration in the fintech sector, with the introduction of several new awards including: Deal of the year, Partnership of the year and Biggest raise of the year.

(more…)

Asia-Pacific FinTech network launches to encourage cross-border innovation

Sydney 17 January 2019 FinTech associations from across the Asia-Pacific region have announced the formation of the Asia-Pacific FinTech Network. The new network will facilitate greater collaboration throughout the region and encourage innovation across borders.

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FinTech Australia applauds federal government’s SMB lending package

FinTech Australia welcomes the Federal governments $2 billion package aimed at reinforcing Australias small business lending sector. Announced earlier this week, the agreement will see the government lend $2 billion towards packaged small business loans from challenger banks and emerging small business lenders. (more…)

FinTech Australia members among the best globally in 2018 fintech100

Australia has seven fintech companies, five of which are members of FinTech Australia, in the 2018 edition of the Fintech100 report publishedby KPMG announced on Tuesday, 23 October, 2018. This year, Australia is ranked fourth on the list trailing behind the United States, United Kingdom and China. (more…)

Australian fintechs to exhibit at global conference sibos 2018

Thirty-two leading Australian and New Zealand fintechs will showcase their businesses to global investors at Sibos in Sydney, the most important financial services conference in the world.

Curated by peak industry body FinTech Australia, the Oceania Lounge at Sibos 2018 aims to unveil some of our most promising local startups on a global stage.

Held in a different city each year, Sibos brings over 8000 delegates from financial service and technology companies around the world together to network and discuss major issues. Over 160 companies drawn from 32 countries exhibit as part of the event. (more…)

FinTech Australia calls for comprehensive credit reporting legislation to progress

FinTech Australia, the peak industry body for the financial services, technology and innovation industry today expressed growing concern that further delays in securing the passage of the comprehensive credit reporting bill would hurt consumers and small businesses.

(more…)

FinTech Australia announces new CEO

The policy head who helped Uber to launch in Australia has been appointed CEO of the association representing fintechs disrupting Australias traditional financial services industry.

Brad Kitschke has been appointed as CEO of FinTech Australia.

(more…)