Aussie FinTechs head to China

Aussie FinTechs head to China

Australian financial technology (FinTech) companies are visiting China this week as part of an Austrade delegation, to help unlock opportunities in the burgeoning market.

Eight companies over the next three days will demonstrate their capabilities to Chinese counterparts and pitch to potential business partners in the region.

Austrade Senior Trade Commissioner for Shanghai Susan Corbisiero said the Chinese FinTech sector is booming due to the efforts of the Chinese government to reform the nation’s financial services sector, and the innovative developments of Chinese tech giants such as Alibaba’s Ant Financial, as well as search giant Baidu, internet company Tencent and e-commerce company

“Technology is rapidly changing how markets operate, and nowhere else is this more evident than in China. This mission is a rare opportunity for Australian FinTech providers to engage with leading Chinese FinTech companies that have local and global reach,” she said.

“The best way to realise the opportunities China presents is for Australian FinTech companies to visit the market and see for themselves how China has embraced technology and is driving innovation.”


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Source: Aussie FinTechs head to China – Technology Decisions