Australian Fintech Startups has grown significantly over the past five years. From blockchain and cryptocurrencies to insurtech and P2P lending, Australia has produced some great Fintech Startups.
“The Australian fintech industry is going from strength to strength and therefore we are pleased to see that we are well-represented in this year's report,” Ms Szetho.
Here Is A List Of The TEN Startups That Has Made Into The 2017 H2 Ventures KPMG Fintech100:
An Australian owned and operated online lending service provider for small businesses within the region. Prospa provides unsecured business loans to small businesses in Australia and is Australian owned and operated. Using a smart proprietary technology platform and a simple online application process, Prospa gives small business owners a fast and easy way to access finance, and has already helped thousands of Australian small businesses.
Year founded: 2012
Total Funding: $96.6M in 4 rounds, as of Jul 28, 2017.
Lead Investors: Partners for Growth, AirTree Ventures & Ironbridge Capital
Prospa ranked 24th on the "2017 Fintech100" List.
zipMoney (or "Zip") is a leading player in the digital retail finance and payments industry that offers consumers with credit options for online shopping. It lets you buy all the things you want and pay over time - its safe, secure and super simple!
Year founded: 2013
Total Funding: $421.6M in 5 rounds, as of Aug 7, 2017 (before they went public on Sep 21, 2015, raising $5M at IPO)
Lead Investors: Victory Park Capital, National Australia Bank & Westpac
zipMoney Ranked 37th on the "2017 Fintech100" List.
A technology driven payments company with a mission to make purchasing feel great for a global customer base. In June 2017, Afterpay and Touchcorp came together to leverage each other’s strengths and elevate our customer offering, taking it to a new level.
Year Founded: 2014
Afterpay Touch Ranked 44th on the "2017 Fintech100" List.
Airwallex is a financial technology company that offers integrated solutions for personal and business cross-border transactions. The company facilitates international money transfers through a combination of local payment collection, foreign exchange and distribution. It's products include an invoicing platform for businesses to create and pay international invoices and a series of APIs that allow e-commerce platforms to process international payments, convert funds at the mid-market rate, manage inventory and display prices across multiple currencies in real-time.
Year Founded: 2015
Total Funding: $22M in 4 rounds, as of Dec 14, 2017
Lead Investors: Tencent Holdings, Square Peg Capital & Gobi Partners
Airwallex Ranks 53rd on the 2017 Fintech100 List.
Cover Genius is a technology-based insurance services company. The company write and price customized policies for local markets, adapts it for other countries and underwriters; and translates them to over 20 languages. Cover Genius is the parent of RentalCover.com & BrightWrite. It is one of the fastest growing Insurtech startups globally.
Year Founded: 2014
Funding: $1.5M in 2 rounds, as of Jan 5, 2017.
Lead Investors: Unknown
Cover Genius Ranked 61st on the 2017 Fintech100 List.
Hyper Anna is an Artificial Intelligence powered data analyst that enables you to ask plain English questions about key drivers of your business! With Hyper Anna, one can interact with her as he or she would with another person. Anna does all the tedious and technical work of writing code, analyzing data, producing charts & more importantly insights – all things that come along with data analytics.
Year Founded: 2016
Funding: $14.84M in 2 rounds (Series A), as of Aug 21, 2017
Hyper Anna Ranked 67th on the 2017 Fintech100 List.
An online platform dedicated to providing access to professional theme-based investing. Macrovue is a next-generation online brokerage that makes it easy to buy and sell international shares through portfolios of stocks grouped by market insight, investment theme, or innovative trend.
Your Founded: 2014
Funding: $1.83M in 4 rounds, Jul 10, 2017
Lead Investors: AMP New Ventures, H2 Ventures & AMP New Ventures
Macrovue Ranked 75th on the 2017 Fintech100 List.
MoneyMe is a digital finance provider that is built on an ethos of innovation, responsibility, and dedication to the customer experience, we’re revolutionising the way Australians borrow money.
Year Founded: 2013
Funding: $150M in 3 Rounds (Debt Financing), as of Nov 27, 2017
Lead Investors: Fortress Investment Group & Evans & Partners
Moneyme has been awarded as the 76th Company on the 2017 Fintech100 List.
Tic:Toc is the only Australian financial provider in 2017 with a fully automated mortgage application process from start to finish, where the approval turnaround time is almost instantaneous at only 22 minutes.
Year Founded: 2013 Tic:Toc: ---
Tic:Toc Ranked 94th on the 2017 Fintech100 List.
Valiant is a business loan marketplace. The company provides secured and unsecured business finance for; Working Capital, Debtor Finance & Equipment Finance.
Year Founded: 2015
Fudnding: $800K in 1 rounds, as of Jun 14, 2016
Investor: Reinventure Group & H2 Ventures
Valiant Ranked 97th on the 2017 Fintech100 List.