Melbourne fintechs rival Sydney, but help needed
Melbourne peer-to-peer lender MoneyPlace has identified a rash of new fintechs that have started up in the city in the past five years, but argues they in danger of being lured offshore without government help. The first survey of Melbourne’s fintech scene by the lender’s founder Stuart Stoyan has uncovered more than 500 people being employed by 52 companies – three-quarters of which are less than two years old. KPMG released a study of fintechs in Australia in late 2014. It identified 950 start-up businesses in Sydney and about 350 in Melbourne. It has no exact figures for what proportion are fintechs, but estimated there are at least 150 based […]
Optus Business behind fintech startup hub Stone & Chalk – ARN
Great to see other big Australian businesses getting behind Australian FinTech Hubs and Companies to help in their growth. Optus Business is the founding communications partner for new fintech startup hub Stone & Chalk, a Sydney-based, not-for-profit Innovation Centre that houses 41 fintech start-ups. The telco will supply ICT services to a 2300 square metre collaborative facility in Bridge Street, Sydney delivering Internet, managed security and managed Wi-Fi technology and services. Optus Business managing director, John Paitaridis, said he was delighted to partner with Stone & Chalk to encourage innovation and entrepreneurship in the Australian fintech sector and support local start-ups. “Innovation and responding to change is a critical challenge […]
Growth Hacking Competition
Are you the Intern that Uber missed out on? Australian FinTech company HashChing is organising a marketing growth hacking competition in Credit Services to select their next team of super interns that want to claim their mark on disrupting the Mortgage Industry. When: Fri, 16th October 2015 @ 10 am till Mon, 19th October 2015 (10 am) Where: At the Start-up office at 10/50 Victoria Rd in Drummoyne, NSW or wherever you want (but then you’ll miss out on the Fun, Buzz and Pizza’s) This is a TEAM event, so your entry should consist of 3-4 team members covering the following skills sets: Marketing UI Design Web Development Prizes: The […]
Stone & Chalk fintech hub denies bias | The Australian
Fintech is a passionate community. Even the optimists, though, give Australia two to four years, at most, to establish its credentials as a regional leader in disruptive financial services technology, closing the gap with Singapore and Hong Kong. The potential upside is significant. Source: Stone & Chalk fintech hub denies bias | The Australian
Stone & Chalk names resident start-ups | afr.com
Congratulations to Stone & Chalk opening their doors last night. Well done and all the very best to all the great minds that are going to be working there and putting Australian FinTech companies on the world stage! The Google-backed, Silicon Valley-based fintech start-up Ripple Labs, which is developing new payments transfer technology, is among a group of 41 start-ups that have joined Stone & Chalk, the fintech hub in Sydney that was officially opened on Tuesday night. Source: Stone & Chalk names resident start-ups | afr.com
Doors open on fintech hub | The Courier-Mail
Sydney is certainly leading the way for Australian fintech companies and start-ups to make it big here in Australia, and overseas… The doors have opened on a new hub dedicated to helping tech start-ups disrupt Australia’s financial sector. The shared work space, called Stone & Chalk, soft-launched on Monday as a centre to support more than 200 entrepreneurs. Source: Doors open on fintech hub | The Courier-Mail
Fintech hub Stone & Chalk names Alex Scandurra as CEO with big plans to disrupt banking
New Sydney fintech hub Stone & Chalk has appointed former army captain Alex Scandurra as its chief executive, as the location for start-ups seeking to disrupt banking prepares to open in June.About 330 entrepreneurs from 120 fintech start-ups have registered to work in the space, ensuring Stone & Chalk will open at full capacity of about 150 people and suggesting it could take up an option to double its area by expanding into a second floor at 45 Clarence Street at the northern end of the Sydney CBD. Clarence Street is shaping up as the heart of the promising fintech scene in Australia, with payments disrupter Tyro earlier this month […]
Tyro says Stone and Chalk needs competition
Tyro chief Jost Stollman, says another fintech hub, independent of bank-backed Stone and Chalk, is needed to ensure new bank rivals don’t remain “rounding errors”.Mr Stollman has dubbed Sydney’s Clarence Street “Fintech Alley” since he opened Tyro’s FinTechHub at 155 on Wednesday, just down the way from bank-backed hub Stone and Chalk at number 45 – the same building as eBay and its subsidiary PayPal.Tyro was one of the first payments challengers to the banks when it started a decade ago, but it remains the only so-called card acquirer – meaning it processes card payments for merchants as well as rolling out its own terminals – that is not a […]
