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The 10 Australian Fintech Startups That You Need to Know About That Will Hit the Virtual Stage at Demo Day Next Month
There are over 800 Fintech companies in Australia tackling the challenges of the $196B domestic financial services industry. Australia has the 8
th largest pool of managed funds in the world and its major four banks consistently rank amongst the world’s most profitable. The wealthy island nation is a fertile ground for innovation from within, with the nation’s populace serving as an engaged group of early technology adopters, which has led to great success for Fintech, Regtech, Insurtech, and Big Data startups. Recognizing the importance of innovation in the sector, the government has prioritized fintech, investing in open banking and digital identity technology and supports an agile regulatory environment. This burgeoning Fintech ecosystem is now ready to showcase some of the leading Fintech innovators in Australia to the rest of the
Melbourne headquartered cloud services provider and CRN Fast50 member AdventOne was the only Australian company to be awarded one of 17 IBM Beacon Awards.
The Beacon awards “recognize Business Partners worldwide who integrate IBM technologies and services into solutions that break new ground, drive innovation and take the world forward,“ according to the awards website.
AdventOne was given the ‘Outstanding Solution Driving Client Modernization and Transformation with IBM Power Systems’ award.
“Advent One is the proud recipient of the IBM Beacon Award. This award not only reflects the ongoing strength of relationship between Advent One and IBM, but also highlights and validates the culture of innovation prevalent at Advent One,” chief executive Jon Ossip told CRN.