Tonight the who’s who of Australian fintech will be donning their finest garb for the Finnies 2018 Gala event.
It’s been a rocky week for the fintech sector in Australia, with Prospa, last year’s Finnie’s star, confirming their ASX listing was indefinitely postponed late last week. Luckily the champers will be on hand for those who wish to commiserate over a glass or two!
A few weeks ago we showcased a few of the star women who have been nominated for Female Fintech Leader of the Year. Two other high-profile disruptors up for award gongs include Stockspot and Hasching, who we profiled in early May.
But for those of you who have a digital currency bent – and who doesn’t these days – you might be interested in following the startups nominated in the ‘Excellence in Digital Currencies/Wallets and Exchanges’ category.
Bitcoin brokerage house CoinJar was one of the first platforms to bring simple trading to the crypto-mainstream. Together with CoinJar Touch, a mobile app, and CoinJar Swipe, a debit card linked to your bitcoin holdings, the business is pioneering mainstream acceptance.
Finch is Australia’s answer to Venmo, based out of Melbourne. It was the first startup to be selected for the Envestnet | Yodlee incubator in Silicon Valley, and announced a $2.25M seed raise in November of last year. Finch may find the going tough however if the banks have their way – this week above the line marketing rolled out for Beem It, a social app competitor, developed by three of Australia’s largest banks.
Living Room of Satoshi
No, it’s not the name of a new home and lifestyle show for crypto geeks. Living Room of Satoshi allows you to pay any bill instantly – from rent, to groceries to even your super – using their platform. One nice feature on their website is you can see the statistics for all customer payments made in the last 14 days. Is it somewhat ironic the Australian Tax Office is the third top biller?
The NEM Foundation sits behind the NEM Public Blockchain. Similar to the Consensys model, the foundation seeks to enable blockchain powered initiatives, with XEM the native currency of the public blockchain.
And while there’s nothing like being there in the flesh, thanks to live streaming, you can watch the awards in full from the FinTech Australia Twitter account tonight. You never know, you might just spot tomorrow’s next big thing!
Daily Fintech Advisers provides strategic consulting to organizations with business and investment interests in Fintech. Jessica Ellerm is a thought leader specializing in Small Business and the Gig Economy and is the CEO and Co-Founder of Zuper, a new superannuation startup in Australia.