Venture Capital

Hundreds of millions of dollars in funding await local financial technology start-ups as the largest banks, insurers and wealth management institutions jostle for pole position, in fear of missing out on the “next big thing”, experts say. “When companies look at tipping funds into fintech start-ups, talks of $50 million-plus are common as opposed to $1m-$2m,” said AWI Ventures accelerator manager Simran Gambhir. Source: Fintech start-ups become hot property | The Courier-Mail