Australia is one of the fastest Fintech growing hubs in the world. Sydney holds the most of the big names and Sydney has the potential of becoming the Fintech hub of Asia Pacific.
Every year H2 Ventures and KPMG come together and release the “Fintech 100” it’s a list consist of most innovative and fastest growing Fintech companies of the world. Most Fintech companies dream to get into this list, as it enables more opportunities to find investors and more press coverage.
About the Fintech 100 list
“The Fintech100 is a collaborative effort between H2 Ventures and KPMG and analyses the Fintech space globally. The annual report highlights those companies globally that are taking advantage of technology and driving disruption within the financial services industry. A judging panel comprised of H2 Ventures and KPMG was used to decide on the final composition of the Fintech100 list.”
Source : https://h2.vc/reports/fintechinnovators/about/2016/
So, Who are the proud Australian Fintech Firms made into the list?
Establish Australian Fintech companies
- Prospa (Global ranking: 31)
- Tyro (Global ranking: 43)
- Society One (Global ranking: 50)
Emerging Australian Fintech Companies
- Data Republic
Props founder and Chief executive told StartupSmart “We’re the highest ranking Australian-only business and for us as a company, it’s really satisfying to be leading the charge for the Australian Fintech community,”
Source : http://www.smartcompany.com.au/finance/77305-nine-australian-fintechs-recognised-world-leaders-next-tech-giants-stripe-xero-square/
What’s happening in the Fintech World?
China is getting into it – Yes, Chinese Fintech market is growing faster. Three years ago they only had one Fintech firm made into the FIntech 100 list, and now they have 13 companies in the Fintech 100 list. This sis a big move from China and it’s a clear indication that they invest more money in Fintech.