Seven Australian fintechs to watch in 2016

Seven Australian fintechs to watch in 2016

It’s set to be a flagship year for Australian fintechs, as the local ecosystem strives to become the “top dog” in Asia.

It’s a “pivotal” year that could prove to be “make or break” for many local fintechs, MoneyPlace co-founder Stuart Stoyan says, and many startups are already “punching above their weight” worldwide.

While the last few years have seen the various stakes being placed in the ground, Prospa co-founder Beau Bertoli says 2016 is all about growth for fintech.

“A lot of the groundwork has been done this year and 2016 is going to really be when the industry starts to get some serious momentum,” Bertoli says.

As Stone & Chalk CEO Alex Scandurra says, “it’s time for fintech to rise in Australia”.

Here are seven Australian fintech startups that are set to lead the way in 2016.

  • Simply Wall St
  • Waiv
  • Timelio
  • Tyro
  • Pin Payments
  • MoneyPlace
  • FinancialAsk

Source: Growth – Seven Australian fintechs to watch in 2016