Almost 70 percent of Australian fintech startups are post-revenue and 19 percent are profitable, median revenue growth across the sector up 2.25x on 2017, a report has found.
Startup hub Tank Stream Labs has announced it’s branching out west, opening a new space in Perth in partnership with EY.
Australia is the top nation, alongside Brazil, facilitating the largest fintech deals outside the global core markets, according to a CB Insights report.
Australia is a leading market globally for adoption of new financial services technologies, according to a report from Ernst & Young, with a particular focus on money transfer and payment services.
Online talent marketplace OneShift, founded by Gen George, has announced its acquisition by Perth-based recruitment company Programmed.