If Australia wants to lead the next wave of fintech innovation, it needs the next generation of start-ups to be successful.
Although the federal government and the corporate sector are on board, it will take more than general support for Australia’s fintech scene to mature competitively.
Sydney start-up hub Stone & Chalk’s CEO Alex Scandurra believes the Australian fintech industry is already maturing past apps and gadgets, but the “valley of death” – the time before a start-up is cashflow positive – still looms large in an industry riddled with failed ventures.
So what does the industry need to prepare for? Click here to read more.