FinTech Australia’s chair Stuart Stoyan has supported proposed Australian Government legislation to expand Australia’s fintech regulatory sandbox, however called for further improvements to make the sandbox more robust and fintech-friendly.
After two years of helping to drive the rapid growth of the Australian fintech industry, FinTech Australia is looking for a new CEO to lead the charge.
FinTech Australia aims to serve the national fintech community through a range of services and programs aimed at advocacy, support, education and network development. We have successfully driven the fintech agenda across the nation, resulting in real, positive change in areas such as Crowdfunding, Digital Currency regulation and Open Data.
Below are some significant announcements from our members during the month of February 2018:
It was always on the cards that the first two weeks of February 2018 were going to be an important time for the Australian fintech industry.
With the Australian Parliament returning from its summer hiatus, and a number of important reports expected to be released, there was a feeling that some fintech-friendly announcements were coming our way.
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.
By Stuart Stoyan, Chair of FinTech Australia
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.
FinTech Australia has opened up sponsorship opportunities for this year’s Finnies industry awards and an exciting new research and education program.
Despite the fact it’s still the holiday season, there have been plenty of announcements from our members during the month of January.