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Events > Virtual Northern Powerhouse FinTech Mission Programme
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Northern Powerhouse Virtual FinTech Mission Programme

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Northern Powerhouse Virtual FinTech Mission to Australia

 

The Department for International Trade (DIT) invites businesses from across the Northern Powerhouse (NPH) region to join a virtual trade mission and explore the opportunities in Australia.

The mission is ideal for businesses working in the FinTech sector (including LegalTech and InsurTech) who are wanting to explore opportunities in Australia. We also welcome companies from across the Financial and Professional Services sector who want to gain an understanding of the Australia market. 

Planned sessions include information about market opportunities and how to access them, details of the regulatory environment and FinTech ecosystems, sector-specific events, help with practical aspects of doing business in Australia, access to key in-market contacts and sessions to gear up for pitching for business with Australian companies. This pre-mission event (recording available) will prepare you and your business for all these opportunities later in the year.  

We are delighted to be collaborating with FinTech North and DIT Australia to deliver this mission.

You will be able to select which events you would like to attend when you register, including those across the wider FinTech Mission Programme.

 

Upcoming Events

There are currently no upcoming events but please see events on demand below.

 

Express Your Interest (NEW REGISTRANTS)

 

Update Your Registration (RETURNING REGISTRANTS)

On registering for this event, we will be collecting personal information as part of our registration process. This information will be processed and shared within the Department for International Trade (DIT) and with selected third parties for purposed connected with DIT performing a task in the public interest or to fulfil an official function and the task or function has a clear basis in law. DIT takes your privacy very seriously. Your personal data shall be processed according to the Department for International Trade's Fair Processing Notice.

 

Past Events

 

Australia Pitching Session for Northern Powerhouse FinTechs

This event has passed

Join us for an exciting Australian pitching workshop for FinTechs based in the Northern Powerhouse (NPH) (including InsureTech, RegTech etc).

You will hear some of the leading Australian banks and ecosystem players share insights about the opportunities for NPH FinTechs and how you can successfully enter the market.

At this event you will learn:

  • Ecosystem key player perspectives on the Australian opportunities for NPH FinTechs
  • The appetite of Australian Financial Services (FS) institutions to do business with the UK (and what solutions they are looking for)
  • How NPH FinTechs can best prepare for the Australian market

There will be a Q&A on the day and delegates may also submit topics of interest when they register to allow speakers to tailor the content to your interests.

 

Following the event

Following the event, there will be further opportunities to connect with potential buyers and contacts from the Australian FS ecosystem. As part of registration you can express an interest in further opportunities and submit your company details to share with interested buyers and contacts.

Don’t miss out on this exciting opportunity to gain insights and make connections with key players in Australia.

 

 

UK-Australia FinTech Bridge Masterclass Series

8 - 16 September 2021

Join this interactive masterclass series with DIT Australia covering the UK and Australian financial services opportunities and learn practical tips for launching into market.

Hear from expert speakers from the financial services ecosystem in the UK and Australia, discover new market opportunities and learn more about doing business in each market.

Eligible companies include UK and Australian headquartered FinTech, InsurTech, RegTech, WealthTech companies with an interest in expanding internationally.

Register here 

 

Intersekt 2021 - FinTech Industry Conference

This event has passed

If you’re interested in the Australian FinTech market, Australia’s leading FinTech event, the FinTech Australia Intersekt Conference is being held on 19-20 May bringing together thought leaders and representatives from across Australia’s banking sector and the FinTech industry.

This year the Intersekt conference will feature virtual sessions and livestream/recorded content and the Department for International Trade (DIT) has arranged for a discounted virtual ticket for UK FinTechs to the value of £55 ($100AUD).

 

Pre-mission event: FinTech Opportunities in Australia 

Click here to view on demand

Join us for an Australian Fintech market webinar, which will cover key industry developments and a market overview of the FinTech ecosystem. You will hear from the DIT Australia Financial and Professional Services team on current opportunities and trends, including in open banking, and how the UK-Australia FinTech Bridge can support your market expansion.

 

Agenda

 

08:00 - 08:05

Welcome and Northern Powerhouse Introduction

Colin Russell – DIT Northern Powerhouse 

Joe Roche - FinTech North

08:05 - 08:10

Opening remarks

Joanne Freeman - British Consul-General and Director for Trade in DIT Australia

08:10 - 08:30

Market overview

Elisa Henderson, Senior Manager - Business Relations (Financial and Professional Services) - DIT Australia

  • Australian FinTech market overview – current opportunities and trends
  • FinTech Bridge
  • Key hubs and players in Australia including overview of major banks and financial institutions
  • Open Banking and Consumer Data Rights – what this means for opportunities Overview of Australian regulators
  • Future Opportunities and upcoming events

08:30 - 08:50

Case Study: Swoop

Stephen Mullan, Strategic Partnership Manager - Swoop

Case Study 2: Inflo

Mark Edmonson, CEO and Founder - Inflo

Olywn Connolly, Chief Customer Officer - Inflo

08:50 - 08:55

Brief Q&A

All speakers

08:55 - 09:00

Closing remarks and next steps

Colin Russell - DIT 

 

 

Why Australia?

  • Australia has a sophisticated financial services sector, boasting a comparatively strong economy and is well positioned as a financial hub in one of the world's fastest growing regions.
  • Australia has a A$9.5 trillion financial sector which equates to almost five times Australia’s GDP.
  • Australia's Consumer Data Right (CDR) regime in the banking sector went live on 1 July 2020 giving consumers greater access to and control over their data as well as boosting competition. This presents a range of opportunities for UK FinTech companies as Australian financial institutions look to evolve their businesses.
  • Australia ranks amongst the top 10 nations for FinTechs with Sydney and Melbourne in the top 20 global FinTech hubs. 
  • Australia has well-developed financial markets, including the world’s fifth largest pool of managed funds, ninth largest stock market and tenth largest foreign exchange market. The US$2.2 trillion managed funds sector is underpinned by a mandated retirement savings scheme – called superannuation – that has created the fourth largest pension pool in the world. 
  • Australia’s four major banks are among the world’s largest banks by market capitalisation and all rank in the top 25 globally for safest banks. They are also some of the most profitable in the world.
  • Australia is a great launching pad into the Asian market due to proximity, time zones and the high numbers of Asian language speakers in Australia.


UK Australia FinTech Bridge

  • Launched in March 2018, the UK-Australia Fintech Bridge is an agreement between the UK and Australian governments to support FinTech companies in both countries. It promotes collaboration, co-operation and partnerships and facilitates entry for FinTechs into each other’s markets, especially by reducing regulatory barriers and allowing steps towards reciprocity on policy. 
  • UK bridge success stories in Australia include: GoCardless, Revolut, Ebury, Crowd2Fund, Delio, DigiMe, FDM, AxeTrading, Global Processing Services, Raising IT, ingage, Recordsure, Bud, eXate, McLEAR, Vermeg. 
  • Since the signing of the Bridge, 31 Australian FinTech companies have commenced business in the UK and 31 UK FinTech companies have commenced business in Australia.  

 

Join us for this pre-mission event and find out about the opportunities for your business in the Australian market. 

 

Click here to view on demand