Victoria to launch two FinTech hubs

Victoria to launch two FinTech hubs

The Victorian Government has announced plans to launch two new FinTech hubs in Melbourne in partnership with local hub operators.

The partnerships with Stone & Chalk and YBF Ventures (formerly York Butter Factory) will seek to facilitate the development of Melbourne’s FinTech sector.

The Stone & Chalk hub will be located at Goods Shed North in Docklands. Already the home to cybersecurity organisations including the CSIRO’s Data61, the hub will be transformed into a FinTech and cybersecurity precinct.

Meanwhile the YBF Ventures hub will be located on Bourke Street in the city and will offer a range of advisory services focused on helping FinTech start-ups develop and commercialise business concepts. This hub will also partner with Startupbootcamp to establish a FinTech Accelerator Program.

Announcing the initiative, Minister for Innovation and Digital Economy Philip Dalidakis said Victoria is already home to a number of fast-growing FinTech start-ups including Stripe, Square, Airwallex, Mimecast, Assembly Payments and Moula.

“We’re proud to partner with Stone & Chalk and the YBF to support the FinTech sector — a sector that will support jobs and businesses in our future economy,” he said.


To read more, please click on the link below…

Source: Victoria to launch two FinTech hubs – Technology Decisions

Leave a Reply

Your email address will not be published. Required fields are marked *