Fintech Australia Podcast: Recent Episodes
Fintech Australia
The Fintech Australia Podcast takes listeners on a deep dive across the Fintech Industry in Australia, focusing on the challenges, opportunities and big stories our community faces.
In our 4th Episode of the Business Spotlight series we interview Sivan Atad to talk about nVest. nVest is an enterprise-grade fractional trading B2B platform. It is bringing embedded investment experiences to Australia retail investors.
Sivan talks about his experience as a founder, the recent win of the SmartCompany's The Pitch, an early-stage startup competition and his plans for the future.
Today we chat to Andrew Walker who talks about his recent US adventures - including the Fintech Nexus conference via the Austrade Fintech Landing Pad.
We chat about:
- What he did in New York and their your business ambitions in the US?
- Some insights from the US home loan and lending space.
- His experience working with Austrade
- The Fintech Nexus conference in New York.
- International expansion plans
In this week's episode we chatted to Anthony Jones - "AJ" - Head of Innovation and Partnerships, Australia New Zealand and South Pacific at Visa about Visa's involvement in the fintech ecosystem and how they are visible and connecting to fintechs. AJ also talks about their fast-track program and some of the other initiatives.
This episode was recorded in Late June.
Today we chat to Daniel Cannizzaro **Founder & CEO of Parpera about their recent fact finding mission to the UK and Europe!
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About Parpera and the recent iteration**
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What he did in London/Amsterdam!
- Learnings
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Money2020!
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International Expansion plans
June 2023 CDR MONTH - A wrap - In this episode we interview the following regarding their involvement with CDR Month.
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Intro with Mathew Mytka, Regional Director Australia and New Zealand Financial Data and Technology Association
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Simeon Duncan Senior Manager, International Corporate Affairs at Intuit on why the sponsored, their uses cases and future predictions for CDR
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Rachel Bailes Head of Policy from the AIIA (Australian Information Industry Association) to recap the roundtable held in Canberra and use cases.
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Nick Kavass - Head of Policy at FinTech Australia to recap the showcase, the pitches and the discussions
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Darren Booth - Partner at RSM about their involvement and sponsorship
- Conclusion with Mathew Mytka about what's next for CDR !
Today we chat with Stuart Low , Co-founder and CEO of Biza.io
Biza.io is the market leader in the Consumer Data Right, Open Banking, Open Energy, and the emerging Open Data ecosystem.
We cover all topics of CDR (being CDR month) the different application use cases as well as talking about the Finnies where Biza.io took out the Excellence in RegTech award.
Stuart was also nominated for Outstanding Fintech Leader of the Year.
In today's episode we profile 3 finnies winners from the recent Fintech Australia Finnies evening.
Here a short story about each , the process to apply and how winning the awards have helped them!
- Excellence in FinTech Support Services Winner - Astero (This award recognises the support services that have provided the highest level of assistance to fintechs in their operation and growth or a business that helps drive the growth of the fintech community through physical infrastructure (space), connections and capital. This award is open to consulting firms, legal support, accounting, technology companies and incubators/hubs/co-working spaces, accelerators or investment firms that demonstrate how they have contributed to the success and growth of various individual fintech companies through the provision of exceptional business support services and connections.)
Interview with Sandeep Kumar : **Founder & CEO
2.Excellence in Establishing Global Market Presence** Winner - Data Zoo (This award recognises the fintech headquartered or founded in Australia, that has most successfully proliferated its presence and identity globally through the creation of a strong brand or IP strategy. For example, this could include the use of a trade mark, digital or physical presence to expand their customer base in relation to count and location.)
Interview with Emma Murphy - Marketing & Communications Manager at Data Zoo
- Emerging FinTech Organisation of the Year People's Choice Winner - Hello Clever (This award recognises a fintech organisation that is delivering transformative new financial services offerings through the innovative use of technology to its customers. This is open to new organisations in the fintech ecosystem of less than 2 years.) - We had almost 2,000 votes this year.
Interview with Yelana Bryant - Product Marketing & Partnerships at Hello Clever
Introducing the new sub series from the Fintech Australia - the Business Spotlight.
The series aims to profile members and to tell their story in a relaxed manner whilst also intertwining the connection to the ecosystem.
The first episode is with Rowan Wilde - Co-Founder - HelpPay to talk about how the business started, the problem they are solving, the progress and the future plans.
If you would like to be a part of this series - please reach out!
In today's episode we chat with Joseph Healy from Judo Bank - we discuss the history of the bank, the growth , the progress and of course his book(s).
Joseph has written four books - but the latest called "Black Belt, A masterclass for startup and entrepreneurs" brings together the learnings and insights and lessons such as clarity of purpose.
In the latest Fintech Australia podcast we chat to Anto Joseph from Stropro about Alternative Investments. Anto discusses what they are, where Stropro fits in, where Australia sits compared to the rest of the world and how investors can access.
Anto also talks about the recent SVB and Regional Bank happenings.
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ING Australia has launched “Everyday Round Up to Charity “– a charitable round up ⬆️ feature, enabling customers to round up eligible everyday card transactions 🛍️ to the nearest dollar or five dollars and donate the difference to a charity. ✅
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Sydney-based fintech and proptech company Downsizer.com raised $3.75m in seed funding to help drive international expansion 🏡 🌎
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MOGOPLUS launched a Mortgage Stress Predictor, a predictive 🔬insights solution to help banks & borrowers proactively manage the looming fixed rate cliff 🧗🏻 & prevent customer financial stress.
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Accountex held their two day conference in Sydney with "Content Snare" the fintech/accountant tech pitch night winner, whilst in Melbourne "Parpera" took out the pitch competition at the Accounting Business Expo in Melbourne.
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Sydney based Renewtrak announced 📢 they have partnered with VMware to easily integrate its renewals, perpetual-to-SaaS subscription licence conversion efforts, workflows, & quoting systems into a single, easily deployable architecture. 📋
- Sydney based Basiq has been acquired by Cuscal Limited , one of Australia’s largest independent providers of payments, banking and regulated data. ✅
- Sydney based Till Payments announced 📣 they have raised $70 million in Series D funding to assist with "making payments smarter, faster, and more secure."
- Brisbane based digital bank Alex Bank has seen an increase in personal loan origination, by over 50% since the start of 2023. 📈
- ASX listed Xero is planning to exit Waddle incurring a write down between $30-40m.
- Canadian based fintech Nuvei launched in Australia offering their full suite of payments solutions including acquiring 📋 , processing, alternative payment methods 📲 & risk management.
- Melbourne based Zeller has launched its online invoicing solution. Zeller Invoices is a unique addition to the growing financial product ecosystem, that was deployed to customers in early February following a month-long beta program.
- intelliflo, the leading cloud-based technology platform for financial advisers that supports over 30,000 advisers worldwide with over three million end-investors and over $1 trillion advised across its platforms, today announced the official opening of their Australian 🇦🇺 operations.
- ASX listed Beforepay announced a partnership with Western Union for a allowing customers in Australia to boost their international money transfers through Beforepay's flagship product, Pay On Demand™
Today we chat to David Marsh from Endava about the recently released 4 key Trends in Payments -
- Real-timepayments(RTP)
- The Riseof the SuperApp
- TheEvolution of Payments Acceptance
- Payment Orchestration/ Platform as a Service
A fun listen for all fintechs to consider. To download the report please click here:
https://info.endava.com/4_key_trends_in_australia_payments_2023?utm_campaign=2023_APAC_BFSI_Spotlight_Report_Australia_Payments_Report&utm_source=FinTech_Australia&utm_medium=Podcast
Today we talk all things SVB with Dom Pym, James Cameron, Marissa Warren and Jackie Vullinghs to discuss the last 72 hours of thinking around SVB.
This podcast was to capture a historic moment in time and for these leaders to share their learnings, their understanding of the situation and some lessons for founders.
Fintech in Australia - Weekly Summary 5/3/2023March 5, 2023
All the headlines for the week to keep one eye on the happenings of Fintech in Australia 👇
- Melbourne based Small business admin platform Thriday partnered 🔗 with Visa to allows small businesses to take advantage of automated banking, accounting, & tax features. 🗂️
- Gold Coast based Nimble Australia Pty Ltd acquired education 🎓focused lender ZeeFi to add to their existing loan book 📕
- Employment Hero launched “Swag” where streamlined work, rewarding careers, flexible pay & exclusive benefits are rolled in to one app 📲
- Joseph Healy and David Hornery , co founders of Judo Bank released their book "Black Belt" 🥋
- Wisr announced their 1H results 📣 - New loan originations of $302M, Revenue of $43.2M, Q2FY23 delivered profitability with Cash EBTDA of $0.5M along with positive operating cash flow of $1.5M
- ASX listed Tyro Payments released their 1H results:Transactional Value: $21.693b 🍔 , Revenue: $220.6m 💳, EBITDA: $19.5m 🗂️, Net Profit: $1.1m
- Westpac launched Tap to Pay on EFTPOS Air 🙌 - a mobile app📲 for Android which allows any sole trader, single director company or association with a Westpac business transaction to accept payments. 👾
- Raiz Invest announced their 1H report : - 676k active customers 🎮, - Australian 🇦🇺 business continues to be operating cash flow positive in December quarter - $9.3m revenue, $2.4m ebitda loss
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Sydney based DataMesh Group raised $30m in their Series A round with NAB Ventures, 1835i & Deutsche Bank participating in the round. 💰
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Bendigo and Adelaide Bank has said their digital bank Up now has 613,000 customers 🖥️ and $1.3 billion in deposits at the end of the half. Up Home 🏠 - their mortgage product has settled $38 million in home loans.
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Zip Co reported some metrics : TTV 🛍️: $4.9b Customers 💻: 7.3m ,Transactions 👾: 42.2m Merchants 🏪: 97,500 . The company aims to be “group positive cash EBTDA during 1H24”
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Sydney based investing platform Blossom App announced 📣 they have had $1 million in earnings posted to their community since inception. 🔢
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ASX listed Judo Bank announced their Gross Loan and Advances 🏪 as at Dec 2022 was $7.5b up 23%, revenue up 67% and profit before tax up >300% to $53m 📈 ✅
• Gold coast based Send Payments raised $11.5m in a Series B round 💵 to accelerate opportunities in Australia & offshore 🌎
•Brisbane based ASX listed Change Financial
secured A$6.9m in new fundjng from US-based fintech entrepreneur & investor Michael Giles 👋🏻
•Sydney based Shift raised 💰 $27m to help scale their receivables & to make further investment in tech 💻 and data 💿 ✅
• Experian announced the appointment of data aggregation and analytics platform Envestnet | Yodlee as its official Open Data API provider in Australia. 🇦🇺🔗
• Commonwealth Bank announced a NPAT of $5.15b for 1H23 🗂️ Matt Comyn CEO, said: “Our strategic focus on building tomorrow’s bank 🏦today for our customers is illustrated by our leading outcomes on customer advocacy scores.”
• Westpac will offer its credit card 💳 customers more flexible payment options with the introduction of "PartPay", allowing their customers to pay for purchases in four instalments. ¼ 📆
• Commonwealth Bank announced 📣 it has connected customers to $1b of grants, rebates & concessions through their Benefits finder 🔬- More than 2.2 million claims were started by personal and business customers between January 2019 and December 2022.
• Carolyn Breeze GAICD announced she is joining as CEO at Scalare Partners
- with portfolio companies such as FrankieOne
and Cape + more 👋
In this episode, Chris Titley chats to Daryn Griggs, Managing Director - APAC of Episode Six.
We delve in to legacy banking systems, the advantages and challenges of cloud based banking as well as the opportunity at large.
Payments, Core banking infrastructure , card issuance and the adoption of mobile technology are all topics we cover in this podcast.
• Barry Kogan, Jonathan Henry and Rob Smith, partners of McGrathNicol were appointed Joint and Several Receivers and Managers (Receivers and Managers) of ASX listed Openpay 🗂️
• Qantas launched “Qantas Money Home Loan” powered by Adelaide based Tic:Toc 🏠🛫
• Sydney based Bridgit partnered 🤝 with outsource Financial . This marks the latest aggregator partnership for Bridgit and expands its total network to more than 3400 brokers. 🔗outsource Financial (outsource), alone, works with more than 1000 brokers.
• Brisbane based Alex.Bank launched their new Term Deposit product, further bolstering its growing product portfolio. 💰📈
• Sydney based Skript launched Transkript, a plug and play 👾 application used to securely request & receive open banking data.
In the first episode of 2023 - we chat to Brett Turley from Bit Leave.
Brett shares his story from trips to Afghanistan to becoming a fintech founder and why he is on a mission to help employees.
We chat about annual leave, employee wellness, long service leave and the opportunities fintechs have to be embedded in the workforce.
In today's podcast Chris Titley and Rachel Hopping talk about the week that was in fintech. Rachel has just joined FA in her role of Head of Strategic Partnerships. We talk about how this role came about as well as why she is excited about 2023!
This will be the last FA podcast for 2022 - we hope all members have a safe and relaxing break and we will see you (on the airwaves) in 2023!
Today we chat with Karthik Srinivasan from Ziksu about Scan and Pay. We've seen large adoption offshore about QR codes - but will Australia also adopt this shift?
Ziksu is a company involved in this sector and Karthik chats about the methods, the ups and downs and existing trends in fintech.
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Sydney based Livewire Markets acquired Market Index
to combine analysis 🔬from Australia's leading investment professionals with extensive market data 📊research tools and scans.🗂️ -
Westpac announced they will invest 🗂️ US$30 million in to ShopBack that will allow credit & debit card 💳 customers to access offers via a dedicated Westpac page in the ShopBack app 📲 & website.
• Brisbane based YouPay partnered with My Room - Children's Cancer Charity to give affected children the ability to shop 🛍️ online and allow donors to pay 🎟️
• KOBA Insurance and Ayla announced 🎤 a partnership 🤝 to allow users who manage their bills & finances via AYLA to apply for a quote for KOBA’s pay-per-kilometre car 🚙 insurance automatically.
• Sydney based Slyp announced 📢 they welcomed Kmart Australia Limited & Country Road Group to the Slyp network. 🧾
• Helen Keppe joined Envestnet | Yodlee as their new Sales and Partnerships Lead 👋
Hannah Glass , Senior Associate King & Wood Mallesons joins us for a chat.
KWM’s specialist team is at the forefront of legal and technological developments in blockchain technology, having worked with governments, banks, industry bodies and start-ups around the world.
Hannah chats about smart contracts, application use, the recent events with cryptocurrency , consensus mechanisms, data, money and a lot more!
Today we chat with Lisa Wade CEO of Digital X. DigitalX is a blockchain financial company innovating at the frontiers of Web3.0. with a sustainable focus via a commitment to the WEF ESG and Stakeholder Capital framework and RegTech innovations such as Drawbridge.
Lisa talks about the recent Cryptocurrency volatility, utility use cases, stable v unstable currencies, Web 3, Web 5 , zk snarks , validation of data and much much more!
On Tuesday we chatted with Scott Heyes, who is the Chief Financial Officer and Investor Relations Partner of Mendoza Ventures, a Boston based but location agnostic early stage and growth Fintech, AI, and Cybersecurity venture capital firm. Mendoza Ventures is the proud recipient of the 2021 Investor of the Year Community Award from Startup Boston.
Scott chats about cross border opportunites, particularly as an Australian living offshore and the need for specialisation.
Feel free to reach out on LinkedIn to Scott or via mendoza-ventures.com and I’m happy to chat with them.
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Melbourne based FrankieOne announced 📣 they raised $23m as part of an extension of their Series A to take the total funding for the round to $45m. 💰✅
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Commonwealth Bank partnered with Paydock for the launch of “Powerboard” / a “plug in” 🔌for merchants to access payment methods through a single platform. 🍽️
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Nauggets partnered with Azupay to help with instant and automatic payments in Buying, saving and spending 📲 gold ⭐️
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ASX listed Payright announced a capital raising 💵 to raise up to $5.03 million via a placement & an underwritten entitlement offer
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Online home loan marketplace JOUST partnered 🤝 with Nectar Mortgages to provide Australian 🇦🇺 borrowers with a fast, easy, seamless home loan application process ⚡️ and also ensure a constant flow of lead generation for Nectar Mortgage brokers.
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Brisbane based Ettle successfully facilitated a pilot 🛫 transaction between business clients on its stablecoin infrastructure platform 🔗 using the digital Australian 🦘 dollar token "AUDE".
5 bite sized pieces of information from the week that was in Fintech here in Australia.
In this podcast we chat to Patrick Coghlan CEO of Creditor Watch about the background of his business, their recent acquisition of Debtor Daddy and some views on further M&A in the sector. Could 2023 could be the year of consolidation for fintechs?
In the latest episode we chat to Mandeep Sandhu , Country Lead, Australia and New Zealand at Personetics about PFM (Personal Financial Management) and it's application use here locally v global offshore markets.
We chat about how sophisticated PFM's are - what they can achieve and what they as the hurdles and barriers in some situations.
We talk about budgeting, financial literacy as well as overall behaviours when it comes to money.
We've uploaded the recording of the EY FinTech Australia Census Webcast 2022
This was a live recording featuring the following speakers on the event :
Hon Ed Husic MP
Member for Chifley
Federal Minister for Industry and Science
Malia Forner (moderator)
EY Partner
Government Incentives and Oceania Start-up & Entrepreneurship Leader
May Lam
EY Partner
Financial Services Technology Consulting
David Camerlengo
Head of technology and Manufacturing CoE,
Australian Trade & Investment Commission (Austrade)
Kim Teo
CEO
Mr Yum
Dominic Pym
Board Member
FinTech Australia
Anthony Jones
Head of Innovation and Partnerships, Australia, New Zealand and South Pacific
Visa
In this episode we chat with Vinnie D'Alessandro from ASX listed Change Financial about the rise in card payments globally (particularly within Australia) and where Australia sits.
We chat all things wallets, QR, Pins as well the advancement of technology from larger more non traditional finance companies. Vinnie also talks KYC and we chat about some recent musings from Money 2020.
In this episode we dissect Angel investing in Australia - for investors and importantly fintech founders.
We chat with Cheryl Mack - who helps angel investors build their own portfolio deal-by-deal alongside notable lead investors via her company Aussie Angels.
Cheryl talks about the opportunities, the risks and how it can be used as a sound investment option for founders as syndicates grow in popularity.
In the first episode of the new series - Chris Titley chats to Matt Almond from Upsure and Paul Kang from Entersoft around cyber security combined with fintech insurance.
In this episode we delve in to the recent Optus case around
1) Sharing your data and what it may mean
2) What the response was like and government intervention
3) What to look out for if your data has been compromised ?
4) The insurance aspect - cyber insurance and brand risk
Guests : Matt Almond - Upsure , Paul Kang - Entersoft
Recorded: In-Person in Brisbane
Host:Chris Titley
We say goodbye , but not really to Brian Collins who has joined AWS as Fintech BDM - Oceania and thank him for the efforts as the previous host.
A small introduction to Chris Titley from Sub11 who will be hosting the podcasts moving forward :
- Background in financial services for c20 years
- Started podcasting in 2015 , close to 500 episodes
- Now runs Sub11 helping fintechs tell their stories to a wider audience.
Brian chats with Elise Webb and Steve Rank from Austrade, Debra Sparkz from Open Sparkz, and Dan Jovevski from We Money about Fintech going global.
Brian Collins is joined by Chris Hicks from Till Payments to discuss the news from the previous month.
Today Brian is joined by that paragon of the Fintech ecosystem Dom Pym to discuss the biggest news of the month. We chat through the months biggest raises, the current markets (public, private, and crypto), what this might mean for short and mid term funding, and how fintechs can look to grow in a tougher market through partnerships.
Brian is joined this week by Milan Cooper from First AML, Rob Roe from OneTrust, and Toni Knowlson from FrankieOne to talk about where they see the industry headed.
Regtech is both part of fintech and not part of fintech. This week we’re joined by Deborah Young, of the Regtech Australia Association and Eoin Keating, Regional Director of Fenergo here in Australia to kick off our Regtech series.
Today we're looking at the alternatives to traditional angel investing as we wrap up this arc. Joined by Matt Vitale from Birchal, and Lauren Capelin from Startmate
This week we're joined by Ben Williamson from Fresh Equities, Trenna Probert from Super Fierce, and one last special guest to discuss the good, the bad and the ugly of the Angel Investment scene in Australia from the founders perspective.
Host Brian Collins is joined by Alan Tsen and Cathryn Lyall to discuss the history behind Fintech angel investing in Australia.
linkedin.com/in/alan-tsen-22742716
linkedin.com/in/cathrynlyall
Join us this month as we talk about Angel Investing in the Fintech Industry and what makes this such a challenging thing for founders to accomplish historically, how it’s been done successfully and who are the companies offering alternatives to the traditional fundraising space.
On our final episode of the Consumer Data Rights arc of the show we're joined by an incredible panel from across the industry to discuss what the future of the legislature holds not just for fintech but across industry in Australia. Joining us this week are:
Jill Berry, CEO of Adatree
Darren Booth, Partner and National Head of Cyber Security & Privacy Risk Consulting at RSM Australia
Elliott Conazzan Co-Founder MD at Payble
A discussion on the current state of CDR and how fintechs are using both CDR and open banking to meet the needs of consumers. Thanks this week to:
Brenton Charnley, CEO TrueLayer ANZ
Caroline Tran, Co-Founder & CEO at Clever
Piet van den Boer, Head Of Marketing at Frollo
For our first arc of the series, we're tackling one of the biggest opportunities in Fintech today: The Consumer Data Rights. This episode is an introduction to the CDR landscape as we kick off our three part series on the opportunity it can bring to the Fintech industry.
Special thanks to our guests:
Jessica Robinson, Assistant Secretary - Policy, Engagement and Governance, The Treasury, Australian Government
Tonia Berglund, Director of Product at Envestnet | Yodlee
About FinTech Australia:
Website:https://www.fintechaustralia.org.au/
LinkedIn:https://www.linkedin.com/company/fintech-australia/
Twitter: https://twitter.com/ausfintech
Welcome to a new season of the Fintech Australia podcast, starting December 7th!
Website:https://www.fintechaustralia.org.au/LinkedIn:https://www.linkedin.com/company/fintech-australia/Twitter: https://twitter.com/ausfintech
We do a deep dive into the 2021 EY FinTech Census. The industry continues to rapidly expand. So to really get a handle on what that growth means we’ve invited some key industry leaders.
Rebecca Schot-Guppy, CEO FinTech Australia
Malia Forner, EY Government IncentivesAndrew Barnes**, Program Managers for Austrade
About FinTech Australia:**
Website:https://www.fintechaustralia.org.au/LinkedIn:https://www.linkedin.com/company/fintech-australia/Twitter: https://twitter.com/ausfintech
Meet some of the winners of the 2021 Finnies!
Natalie Dinsdale, Athena Home Loans
Winner of: Female FinTech Leader of the Year & Excellence in Consumer Lending & FinTech Organisation of the YearKatherine McConnell, Brighte
Winner of: Best Workplace Diversity & Outstanding FinTech Leader of the YearTommy Honan, Swyftx
Winner of: Excellence in Crypto Digital Currencies/Wallets/ExchangesChris Brycki, Stockspot
Winner of: Excellence in Wealth Management (including PFM and Robo)
Jill Berry, Adatree
Winner of: Emerging FinTech Leader of the Year
About FinTech Australia:
Website:https://www.fintechaustralia.org.au/
LinkedIn:https://www.linkedin.com/company/fintech-australia/
Twitter: https://twitter.com/ausfintech