Australia is to soon become home to another blockchain hub, with the NEM.io Foundation to open a new space in Melbourne.
Melbourne university RMIT has partnered with fintech hub Stone and Chalk and Accenture to develop an eight week course on blockchain strategy.
A coworking space with fifty desks opened on Harris Street in Ultimo in April 2011 with just three simple criteria for accepting members: they had to be working on something scaleable, have skills to share, and be willing to build their own desk. Almost seven years on with branches in Brisbane and Shanghai, it sometimes… Read more »
Fintech coworking community Stone and Chalk has announced its expansion into Victoria, with a space for 60 desks to open next month in Melbourne.
To be spread across 11 floors above Wynyard Station, the hub will be able to house 2,500 residents, including anchor tenants Stone and Chalk, Fishburners, Tank Stream Labs, and The Studio.
Venture capital-backed fintech companies in Asia raised $2.6 billion in the first quarter of 2016, according to KPMG’s latest Pulse of Fintech report, making up more than half of the $4.9 billion raised across 218 deals globally.
Receiving $100,000 in seed funding from the firm, the startups will now spend six months working out of Sydney fintech hub Stone & Chalk.
Member-owned banking and financial services provider Credit Union Australia (CUA) has today announced a partnership with Sydney fintech coworking hub Stone & Chalk. Like the hub’s other partnerships with corporates, the link with CUA will give startups the ability to tap into the organisation’s knowledge and networks.
Treasurer Scott Morrison has today announced a package of policy changes to promote commercial risk-taking and, in turn, boost Australia’s fintech sector, with the creation of a regulatory sandbox for fintech startups to deliver services without spending capital on licensing, the refining of crowdfunding regulations, and creating open access to financial data among the initiatives announced.
There’s been a lot of debate lately about the value of a university education for aspiring entrepreneurs, with critics arguing that Australian universities have been too slow to launch initiatives and industry partnerships that give students hands-on experience. Industry, for its part, has been strong in its approach to students and this is only getting stronger, with Sydney fintech hub Stone & Chalk today launching Fintern Fever, an internship program that will see 30 university students work with a resident startup over the summer.
When it comes to mathematical education, what’s lacking is real-world maths being taught in schools. Real-world maths teaches kids about managing income, taxes, loans and all the other financial issues individuals face once they leave the safety of school and are no longer under the care of a guardian.