News & Analysis

Startup Weekend Australia announces FinTech event in Melbourne

- March 23, 2015 < 1 MIN READ

Startup Weekend Australia has announced a new sector-specific event, with Startup Weekend FinTech set to take place on March 27 – 29 at Melbourne’s York Butter Factory coworking space.

The event, sponsored by Intuit Quickbooks Online, will provide an educational space for entrepreneurs to learn more about launching fintech startups and aims to help nurture innovation in the sector.

Darcy Naunton, leader of Startup Weekend Australia and co-founder of York Butter Factory, said the event will give entrepreneurs the necessary tools and resources to learn how to build a startup in 54 hours.

“The FinTech industry is home to some of the best talent in the world and in Australia, so we expect to see some exciting ideas come out of this event,” Naunton said.

The event will see attendees form into teams and come up with ideas, which they will then pitch to judges Ryan Zhou, co-founder of CoinJar, and Ian Gardiner of Amazon Web Services.

Stuart Stoyan, founder and CEO of FinTech startup MoneyPlace, said that with much room for growth in the local FinTech sector, events like Startup Weekend are invaluable to entrepreneurs as they help sharpen their ideas.

“Financial services play a major role in the local economy but the sector is ripe for disruption and screaming out for new solutions that provide a better value proposition to customers. While the Australian fintech industry is in its infancy, the maturing US industry is providing great inspiration for our market. It’s clear there is a massive opportunity for Aussie startups to make an impact both here and overseas,” Stoyan said.

The Startup Weekend FinTech event is just one of 24 events set to be held in 12 cities around Australia this year.

Entrepreneurs can register for the event here.

Image: Asher Tan and Ryan Zhou of CoinJar, via The New Daily.