Investment in Australia’s fintech sector has accelerated in the first half of 2020, reaching US$376.5 million, a more than 150% increase from US$149.05 million in the corresponding period in 2019, with the growth coming despite a decline in merger activity, according to a new fintech report.
There have been changes at the top of Australian-based Asian fintech innovation hub Stone & Chalk, with the appointment of a new chairman and new board members.