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Fintech

Australian fintechs now have a map of potential investors

- November 9, 2021 2 MIN READ
Photo: AdobeStock
FinTech Australia has released a  new map for fintechs detailing investors in the sector.

The map showcases investors from across the country, featuring a variety of funders including venture capitalists, angel funds, corporate investors, crowd-funding options and incubators.

It’s available for free for people in the fintech and startup communities.

The map is free to sign up for investors and also breaks down the type of funding each group provides. For example, if you’re seeking a VC firm that invests in Series A rounds.

FinTech Australia chair Simone Joyce said mapping major funders is a job many founders would do themselves when looking for funding.

“We’ve essentially taken this work off of time-poor early-stage founders, and created a valuable resource for the industry in the process,” she said.

“The number of fintech funders in Australia has grown substantially in the past few years. There are now more options for funding than ever before, and it’s set to continue growing. We aim to keep this resource curated and as up-to-date as possible to ensure it remains valuable for the sector.”

Joyce said that while they’ve done their best to be comprehensive, they know they may have missed some funders within the ecosystem.

“As a result, we’ve made it easy to register your fund to ensure that you are part of this resource,” she said.

Investors can apply to be added to the map through logging in and registering their details here.

The follows September’s launch of the regulatory map for early stage startups and overseas companies expanding into Australia.

The recently released EY FinTech Australia Census revealed a dramatic increase in the proportion of fintechs whose capital raising expectations were met or exceeded – up from 57% last year to 82% in 2021 – alongside higher amounts raised.

Australian fintech deals and capital raises are now at a global scale, with 44% of companies having raised more than $10 million to date and 14% raising more than $100 million. There’s more on how Australian fintech is now at global levels here.

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