Nine-Leading UK Fintech companies land in Australia
The UK-Australia Fintech Bridge programme brings a cohort of innovative UK fintechs to Australia to share their experiences and build business opportunities.
The UK’s Department for International Trade (DIT) has brought nine-leading UK fintech companies to Australia under the UK-Australia Fintech Bridge Pilot Programme for a week-long visit.
Here to explore business opportunities and partnerships in the Australian market, the Fintech Bridge cohort will showcase the strengths of the UK fintech sector at Intersekt in Melbourne – Australia’s leading fintech industry conference – before heading to Sydney for a program of meetings and events with fintech industry stakeholders and potential partners.
Launched in March 2018, the UK-Australia Fintech Bridge has been instrumental in forging strong links between these two fintech eco-systems. This bilateral agreement aims to strengthen engagement on fintech policy and regulation; facilitate trade flows and access to capital opportunities; and address barriers to international growth. UK fintech businesses expanding into Australia and Australian fintech businesses expanding into UK are eligible to benefit from the Fintech Bridge.
The UK-Australia Fintech Bridge Pilot Programme was launched by UK Investment Minister Graham Stuart during UK Fintech Week in April this year. This is a programme which lends selected UK fintechs support to accelerate their Australian expansion and vice-versa – last month DIT supported 10 Australian fintechs on a visit to the UK for a similar programme.
Michael Ward, British Consul General and UK Deputy Trade Commissioner, Asia Pacific – Australia & New Zealand says:
“The UK has long been a world-leader in financial services; it remains one of our most important sectors. And, with our highly developed tech eco-system attracting unprecedented levels of capital investment – more than anywhere else in Europe – our innovative fintech sector is thriving. It is great to see such a strong cohort of UK fintechs visiting Australia – it says a lot about the opportunities in this market and the potential to further build our two-way trade and investment links.
The UK-Australia Fintech Bridge has been a tremendous success to date with over 24 Australian fintechs setting up in the UK since its inception and more than 14 new UK fintechs doing business in Australia and I encourage companies in both countries to take advantage of the opportunities it offers.”
- Crowd2Fund
- Disberse
- Fractal Labs
- Pirkx
- Recordsure
- Smart Pension
- TradingHub
- TrueLayer
- Thyngs
