More jobs for Australians as Silicon Valley Fintech opens APAC headquarters in Victoria
An announcement made by the Victoria Government focused on Melbourne being the new Asia-Pacific Headquarters of a Silicon Valley fintech innovator. Victoria’s growing fintech sector will be boosted as Nomis Solutions, a Silicon Valley fintech innovator, has announced that Melbourne will be the location of their Asia-Pacific Headquarters. This move will be creating 50 jobs in over five years. Nomis Solutions’ cutting-edge approach to big data as well as its personalised customer solutions and market analysis are being used by more than 10,000 bankers worldwide. The support of the Andrews Labor Government has secured Nomis Solutions’ base of operations in Melbourne. The Victoria Government is growing the state’s reputation as […]
The Finnies. The Winners!
Congratulations to the 2018 Finnie Awards Finalists and Winners! FinTech Organisation of the Year WINNER: Afterpay FINALISTS: ● Afterpay ● Avoka ● BRICKX ● Class Limited ● Cover Genius ● Flamingo AI ● Invoice2Go ● MoneyPlace ● OnMarket ● Prospa ● RateSetter Australia ● SocietyOne ● Stockspot Emerging FinTech Organisation of the Year (company must be <2 years old) WINNER: Civic Ledger FINALISTS: ● Civic Ledger ● Finch ● InDebted ● LanternPay ● Link4 ● Longevity App ● Look Who’s Charging ● Medipass ● Till Payments ● TIQK ● TravelbyBit Outstanding FinTech Leader of the Year (can be from any field) WINNER: Katherine McConnell – Founder and CEO, Brighte FINALISTS: […]
Startup ecosystem needs flywheel for growth: former FinTech Australia chief
Danielle Szetho, the inaugural CEO of FinTech Australia stepped down from her post in March this year. Since then, she has been traveling around Asia to meet like-minded individuals who are passionate about changing the world with technology, seeking new opportunities to contribute to the growth of Australia’s startup community. Talking about her past experience, Szetho said that the major factor in helping startup ecosystems to grow is momentum, the so-called “flywheel effect” that gets businesses rolling and also has a spillover effect on the entire industry. “The startup ecosystem in Australia, particularly in the last two years, flourished and many talk about startup ecosystems being very much driven by […]
London’s Fintech Émigrés look to Australia
Since the Brexit vote of 2016, the City of London has been rapidly losing its status as the financial technology capital of the world. Fintech startups have been moving their offices to other European cities; in fact, the mayors of Paris, Frankfurt and Amsterdam have been actively courting these companies, but Australia has benefited in a more direct manner. In the wake of the Brexit referendum, finance industry leaders in London were dismayed when they saw companies packing up and leaving. This situation prompted Mayor Sadiq Khan and city officials to spring into action and come up with ways to retain the financial prestige of London. On March 12, the […]
FinTech Australia announce finalist for The Finnies 2018
FinTech Australia and Jobs for NSW have come together for the second year to host the national fintech awards, The Finnies. The Finnies will culminate in a Gala Awards Night Wednesday 13 June 2018 in Sydney. For more information go here. Here is the full list of finalists for the 2018 Finnies: Best Workplace Diversity ● BRICKX ● FirstStep Investments ● Link4 ● Valiant Finance Emerging FinTech Leader of the Year ● Brad Delamare – CEO, Tank Stream Labs ● Louis Edwards – Head of Renewable Energy Finance, RateSetter Australia ● Nick Molnar – Co-Founder & CEO, Afterpay ● Jack O’Reilly – Director, funding.com.au ● Rebecca Schot-Guppy – Community Manager, […]
How Fintech is changing the way we do business?
Although it seems ubiquitous, Fintech is actually still a very young industry. That said, there are certainly distinctly common threads across those within it, which could largely be considered increased accessibility, and speed. Fintech is responsible for the introduction and rise of peer-to-peer payments, mobile banking, and omnichannel payments processing which benefit not only individuals but also businesses. We’re living, working, shopping, and transacting in the internet era, so it’s expected that the way we do businesses is equally as nimble – and it’s Fintech that makes this possible. Regardless of the size of a business, keeping up to date with financial technology is imperative for not only increased efficiencies […]
Victoria to launch two FinTech hubs
The Victorian Government has announced plans to launch two new FinTech hubs in Melbourne in partnership with local hub operators. The partnerships with Stone & Chalk and YBF Ventures (formerly York Butter Factory) will seek to facilitate the development of Melbourne’s FinTech sector. The Stone & Chalk hub will be located at Goods Shed North in Docklands. Already the home to cybersecurity organisations including the CSIRO’s Data61, the hub will be transformed into a FinTech and cybersecurity precinct. Meanwhile the YBF Ventures hub will be located on Bourke Street in the city and will offer a range of advisory services focused on helping FinTech start-ups develop and commercialise business concepts. […]
Australian startups share tips on how to raise early stage funding
The early stage funding could be challenging for several startups, including those from Australia. Some Australian startups admitted they did not have the expertise or knowledge of how to raise funds, a new survey has found. The new Startup Muster, a poll of the Australian startup ecosystem, showed that 12.9 percent said they did not possess the expertise to raise funds. SafetyCulture CEO and founder Luke Anear offered an advice, saying startups must not go to an investor meeting and ask for cash. Anear said the approach should be like in dating. A startup needs to know the investor first before accepting an investment. “You don’t get married on your […]
