FinTech Australia, the not-for-profit trade physique for the Australian fintech sector, has launched a reverse pitch occasion calling on native and world fintechs and rising startups to help the native banking and finance sector.
The fintech and broader expertise enterprise neighborhood can be invited to attend the reverse pitch occasion on 21 February 2024 to listen to first hand from main banks on points they want to resolve. Startups and scaleups then have alternative to current their options to the banks by 20 March 2024.
FinTech Australia, which represents over 420 fintech corporations and startups throughout the nation, has teamed up with Funding NSW, 1835i, in addition to banks ANZ and Westpac for the occasion. It will share chosen downside statements throughout necessary banking associated issues similar to sustainability, funds and fraud and scams.
Collaboration with fintechs
“Fintech has all the time been constructed on the again of partnerships and collaboration with main corporations within the monetary providers sector. This occasion exemplifies these factors,” stated FinTech Australia basic supervisor Rehan D’Almeida.
“It’s pleasing to see main banks ANZ and Westpac collaborating with the fintech sector which speaks to the boldness they’ve within the trade to unravel real-world points confronted right now. I’ve little doubt that our native fintechs and different revolutionary corporations globally will rise to the event. The occasion showcases the vibrancy and collaborative nature of our fintech ecosystem, and offers a chance for world fintechs seeking to get a foothold in Sydney.”
Philippa Campbell, ANZ head of transaction banking Australia and PNG, additionally commented: “Australia’s fintech sector has fostered a wealthy tradition of forward-thinking, revolutionary companies and options. We’re trying ahead to partnering with fintechs to pioneer options that not solely improve the resilience of our methods but in addition empower our institutional prospects to thrive sustainably amidst the evolving challenges of right now.”
Whereas David Walker, group CTO at Westpac, stated: “Westpac is proud to accomplice with many fintechs and these relationships are notably necessary as we speed up our expertise transformation. This initiative by FinTech Australia and Funding NSW displays our ongoing dedication to pursue significant partnerships that resolve enterprise issues, and most significantly assist our prospects. We look ahead to seeing the recent pondering from this dynamic sector.”
