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FinTech Australia, the national association for the Australian FinTech startup community, has launched a new event aimed at showcasing sustainability-. ....
Australia s fintech sector is showing signs of growth; however, it s still being held back by constrained local capital, complex regulatory challenges, and investor appetite for offshore opportunities. ....
The Australian fintech industry is dynamic and ultra-competitive. It’s characterised by a vast geographical region, diverse audiences, rigorous regulatory frameworks, and a media landscape that is somewhat concentrated compared to the size of the fintech industry. ....
The fintech sector has been a leading source of tech startup success in the Australian market. The sector is also a clear example of how technology buyers are changing the way they interact with startups. While local fintechs originally emerged in competition to banks and financial institutions, enterprise IT leaders are now often working with fintechs to deploy products and services more quickly and cheaply, says FinTech Australia General Manager Rehan D'Almeida. Image: Rehan D'Almeida, General Manager, FinTech Australia "I think banks in the last few years have changed their tone and are seeing much more opportunities to collaborate with fintechs," D'Almeida told TechRepublic. "They are open to participation and seeing opportunities with fintechs, whether that's investing in them, integrating them with their own systems, doing a full buy-out or other types of opportunities." An explosion in fintech-generated innovation over the last decade co ....