Australia’s fintech industry today called for the speedy approval and implementation of private company equity crowdfunding legislation to help more Australian small-to-medium sized businesses to access the funds they need to grow.
The FinTech Association of Hong Kong (FTAHK) and FinTech Australia have signed a memorandum of understanding to strengthen the ties between each other’s FinTech industries and lift support for businesses seeking investment, partnerships and expansion into each other’s markets. Read more
The peak financial technology (fintech) industry bodies in Indonesia and Australia have signed a landmark agreement to help drive exchanges of talent and expertise between the two growing fintech markets.
Signed on 1 December, the memorandum of understanding between FinTech Australia and FinTech Indonesia is regarded as an important step to drive the mutual development and growth of fintech industries across both jurisdictions.
A proposed new regulatory pathway to allow the creation of Australian challenger banks is a welcome move but does require some improvements, according to the peak body for the nation’s fintech industry.
FinTech Australia has lodged a submission with the Australian Prudential Regulation Authority (APRA) in response to its discussion paper, entitled “A phased approach to authorising new entrants to the banking industry”.
Australia is set to further grow its world-leading blockchain and digital currency industry following the Australian Parliament’s approval of anti-money laundering legislation last night, according to Australian fintech leaders.
The Australian Senate passed legislation extending anti-money laundering and counter-terrorism financing regulation to digital currency exchanges.
The Australian fintech community has welcomed a major Indonesian delegation – including 16 companies and the nation’s financial services regulators – to discuss hot topics such as financial inclusion and how to grow a robust fintech industry.
Fintech has strengthened its position as Australia’s most popular startup sector among company founders, according to a major survey released today.
Australia has a record ten companies in this year’s highly-regarded Fintech100 report, putting it second only to the United States and ahead of other key markets such as Singapore and the UK when it comes to mentions on the list.
FinTech Australia – the nation’s association for Australia’s fintech industry – today congratulated fintechs listed in the 2017 Fintech100. Read more