World news story

UKTI to send delegation of Australian fintech companies to London

UKTI Australia will send 10 Australian fintech companies to London this September.

London

UK Trade & Investment (UKTI) Australia has announced the names of 10 successful Australian fintech companies who will take part in a delegation to London this September, to coincide with London Fintech Week.

The successful companies will receive airfares courtesy of British Airways, a heavily reduced entry fee to London Fintech Week and the opportunity to meet with London-based accelerators, successful mentors, industry experts and leading peers through an exclusive programme organised by UKTI.

Consul General and Director General for UKTI Australia & New Zealand, Mr Nick McInnes said:

This is a fantastic opportunity for some of Australia’s brightest startups and SMEs to learn from the thriving fintech industry in London.

The response from Australian companies has been overwhelming which tells us that interest in the UK market is strong. Whilst it is only possible for 10 companies to participate in this particular mission, UKTI is committed to supporting all Australian companies who wish to explore opportunities for expanding into the UK.

The companies chosen to take part in the delegation were those likely to benefit most from the mission, with a high probability of the UK featuring in their expansion plans.

Regional Commercial Manager South West Pacific for British Airways, Nicole Backo said:

We are delighted to be sponsoring the Fintech Mission and supporting these successful Australian companies in their quest to grow their businesses in the UK.

Fintech is an exciting, innovative sector and we are keen to continue to support them to grow both in Australia and the UK.

UKTI has been working closely with the Australian fintech community to foster collaboration between the two countries and encourage growing companies to consider the UK in their expansion plans.

UKTI also recently supported British peer-to-peer lending companies RateSetter and ThinCats with their expansions into Australia.

UK Trade & Investment’s London Fintech Week Delegation:

  1. Stockspot is an online investment and fund management advisory services provider, which allows users to connect directly to managed portfolios of global assets. The company customises investment strategies and portfolio management solutions for clients.

  2. Lend2Fund has developed a peer-to-peer lending platform for commercial real estate lenders to connect directly with borrowers. The company’s application allows lenders to screen loan applications based on quality of their assets and loan books before bidding for them.

  3. Simply Wall St has developed an application which provides infographics on stocks listed in the Australian Securities Exchange, the London Stock Exchange, Nasdaq and the New York Stock Exchange. Its infographics are aimed at simplifying stocks information for company stakeholders.

  4. On-Market BookBuilds is the owner of a patented software through which listed companies can raise capital on the stock exchanges. Its online book-building platform is designed to provide a transparent mechanism for exchanging information for companies, investors, lead managers and exchange brokers.

  5. Pin Payments is an integrated payment gateway solution developed by Southern Payments System. Its interface enables vendors and sellers to procure multi-currency card payments directly from their customers, without a security deposit or merchant account.

  6. Rubik Financial is a financial services software provider. The company develops financial planning and asset management software for wealth management, mortgage financing and banking industries across Australia, Asia and the Middle East markets.

  7. CrowdfundUp has established an online, peer-to-peer crowd-investing platform for commercial and retail real estate developers, where investors can lend both equity and debt capital online. The platform allows investors to view legal, taxation, shareholding information and associated documentation of developers before investing in commercial property developments.

  8. Deposit Markets has developed an online platform which provides interest rate information on various deposits and savings products from several global banking and financial institutions. It allows user to compare deposits, loans and savings interest rates in different countries and procures data directly from financial institutions.

  9. Tidy Club has developed an administration and accounting application for sports and other recreational activity club owners. This software helps clubs manage their memberships, track finances and their operations online.

  10. BestExchangeRates has developed an application for users to compare exchange rates from multiple vendors in over 50 countries, including Australia, New Zealand, UK, Canada, US, Singapore, Hong Kong and the Eurozone. The company also provides tips for clients on how to get the best exchange rates whether for travel or business.

About UK Trade & Investment

UK Trade & Investment is the British government’s commercial arm, which supports the international growth of British businesses, as well as the investment and expansion of global businesses into the UK.

For more information on the delegation or how UKTI can help your company please contact:

Hannah Lewis

Communications Officer

UK Trade & Investment Australia

Ph: 02 8247 2220

E: hannah.lewis@mobile.ukti.gov.uk

Published 23 June 2015