Innovate Finance and Austrade enter new worldwide hub membership

By Leandra Monteiro

Innovate Finance will back Austrade in its journey to expand opportunities for Australian FinTechs aiming to build new and strengthen existing connections to the UK FinTech ecosystem. Building on the success of the existing UK-Australia FinTech Bridge, it views this partnership as a good opportunity to develop deeper connections between the two countries, thus, further enabling their respective FinTech communities to take advantage of opportunities overseas.

According to media reports, Charlotte Crosswell, CEO of Innovate Finance said, “I am delighted to welcome Austrade as our newest International Hub member. As we emerge from the pandemic, the UK has a vital role to play as a leader in fintech, and we look forward to working with Austrade to build deeper connections between our respective fintech ecosystems.”

According to media reports, Jennifer Mackinlay, A/g General Manager Europe, Austrade, said: “On behalf of Austrade, I am thrilled about this Austrade – Innovate Finance collaboration. This partnership will be a real enabler for Australian fintechs seeking to do business in the UK and UK fintechs looking to set up in Australia. It will equally provide a fantastic platform for our respective fintech ecosystems to grow their collaboration.”

Austrade is leading Australia’s FinTech ambitions on an international platform, with the purpose to support the development of a vibrant FinTech industry. It plans to facilitate collaboration among the participants and stakeholders of the FinTech industry and develop global relationships that will advance the country’s ambitious financial technology vision.