Receiving $100,000 in seed funding from the firm, the startups will now spend six months working out of Sydney fintech hub Stone & Chalk.
Stone & Chalk launches Sydney’s second Fintech hub, placing the city in a unique position to be a world leader in Fintech
FinTech is fast becoming a sought after space within Australia, especially at a corporate and government level. That probably has something to do with Australian financial technology companies being some of the best in the world. They are global, are growing rapidly and are serving both the consumer and enterprise markets. It is little wonder that cities like London are beginning to wine and dine our local founders playing in this space with free overseas trips and educational tours in the hopes of wooing them to move offshore and call its city home.
Sydney looks set to become the country’s leading FinTech space with Tyro, a new hub for FinTech startups, opening in the city’s CBD.
Less than a month out from the state election, NSW Premier Mike Baird this week unveiled a new fintech startup space which is set to open in the heart of the Sydney CBD in May.