Fintech Market Growth to Add A$1 Billion New Value to Australian Economy by 2020
The global Fintech sector exhibited robust growth in 2014 when investment activity tripled to US$12.21 billion from US$4.05 billion in 2013. This activity continued in 2015 with an increase in global funding into Venture Capital (VC) backed Fintech startups. Fintech growth in 2015 was international, and Frost & Sullivan anticipates this international dispersion, as well as the global growth trend to continue with more Fintech companies successfully reaching the exit stage of funding in 2016. In the Asia-Pacific region, Fintech investments were concentrated in Australia, China and Singapore, and in 2015, skyrocketed to reach US$3.46b – a four-fold increase from 2014 to 2015. Asian Fintechs garnered strong support, with funding […]
Fintech the next wave of growth
This is an interesting opinion piece by Australia’s Treasurer, Mr Scott Morrison who says that Australia’s fintech sector can play a vital role in aiding the positive transition that is occurring in the national economy. “At the recent World Economic Forum it was noted that 90 per cent of the data we use today has been created in the past two years. The ability of new technology to capture and process data, in real time, is changing how business is done, how products and services are conceived in the new economy and the way consumers participate in this process. Financial technology, or fintech, is lubricating this transformation. The catalytic impacts […]
The Finalists of the 2024 Finnies awards have been announced
The finalists for Australia’s 2024 Finnies fintech business awards have been announced.
Australian FinTech Awards 2024 – all the Winners!
Held in Partnership with Tier 1 law firm, Ashurst, and media partner Australian FinTech, the 9th Annual FinTech Awards recognised and celebrated fintech success.
Finalists announced for 9th Annual FinTech Awards 2024
The FinTech Awards celebrate the entrepreneurs and Australian fintechs who are doing amazing things, growing their businesses, here in Australia, and overseas.
B2B payment defaults 42% higher than a year ago as cost pressures mount
CreditorWatch’s Business Risk Index reveals that ongoing business pressures continue to drive payment defaults between Australian businesses.
Kobble launches with $24.3 million in deals and raising to redefine embedded finance
Shane Chanel has launched embedded finance solution Kobble to transform how businesses deliver financial services.
When diversity equals dollars: The national opportunity in ethical finance
Islamic finance principles of ethical investment and risk-sharing are increasingly appealing to a broader market.
