finder fintech roundup: fintech partnerships and how Sydney’s fintech hub ranks

Elizabeth Barry 30 September 2016 NEWS

forming partnerships in fintech

Find out how partnerships are driving Australian fintech lenders forward and where Sydney's Stone & Chalk ranked in the global fintech hubs ranking.

Partnerships have been the focus in the fintech space as of late, and this week demonstrated the importance of building bridges between innovative lenders and their traditional counterparts. The fintech hubs of major cities were also put under the microscope in a report from Deloitte.

How partnerships are driving SME lender GetCapital forward

We interviewed GetCapital's CEO Jamie Osborn to find out how strategic the online SME lender's partnerships were. GetCapital, which has been operating in the space since 2013, has partnered with the likes of Qantas and Alibaba to offer something different to its small business customers.

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Beyond Bank partners with P2P lender SocietyOne

Customer-owned Beyond Bank announced a partnership with Australia's first peer-to-peer (P2P) lender SocietyOne. The agreement will see it take a stake in SocietyOne as well as increase its personal loan funding commitment to $10 million.

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Sydney ranks 9th in review of global fintech hubs

A Deloitte report released this week ranked Sydney's "home of fintech" Stone & Chalk ninth out of 21 fintech hubs globally. The fintech hubs, which included London, Silicon Valley and Hong Kong, were ranked according to three existing business indices and a self-evaluation completed by the hubs themselves.

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The finder fintech roundup is a summary of the news in fintech from the past week. Check back every Friday to catch up.

Image: Shutterstock

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