The Australian British Chamber of Commerce has announced the winners of its second Australian British FinTech Cyber Catalyst (ABFCC) 2018, visiting London and the South West from 2-5 July, 2018.A delegation of more than 60 Australian FinTech and cyber security industry leaders will visit the United Kingdom in July, participating in a tailored program of events and activities with government, regulators, investors, start-ups, scale-ups and clients in London.
“The Australian British Chamber of Commerce is proud to support successful and growing Australian businesses in innovative and pioneering industries like FinTech and cyber” said David McCredie, CEO of the Australian British Chamber of Commerce.
“The recent announcement of the UK-Australia FinTech Bridge demonstrates the strong opportunities for Australian businesses to expand overseas, develop international partnerships and share best practice. This ABFCC in July will provide an excellent platform for these successful businesses to pursue their international ambitions and grow their business”.
The trade mission will enable participants to exchange ideas, best practice and thought leadership in the areas of regtech, cyber security, payments, software and big data.
The ABFCC will give delegates the opportunity to showcase the best of Australian FinTech and cyber expertise, pitch to UK financial institutions and investors and take the first steps to growing their business in the UK.
This delegation will build on the UK-Australian FinTech Bridge, announced by Australia Treasurer, the Hon Scott Morrison MP, and UK Chancellor of the Exchequer, the Rt Hon Philip Hammond MP, at the International FinTech Conference in London on 22 March 2018. Australian businesses will be able to fast track international expansion and regulatory approval so they can hit the ground running in the UK.
Key partners for the ABFCC are Austcyber, Aberdeen Standard Investments, Telstra, NSW Government, Victorian Government and the UK Department of International Trade.
The successful Australian companies for the supported places in the delegation were:
- Trade ledger
- TRAction FinTech
- Adviser Rating
- CYDARM Technologies
- Airlock Digital
Speaking ahead of the ABFCC, Andrew Chick, Chair of the Australian British FinTech Cyber Catalyst 2018 said:
"This delegation is about promoting Australian expertise in financial services and cyber security internationally, and promoting Australia as a great destination for international businesses to grow, compete and access the broader Asia Pacific region. Financial services is one of the largest contributors to GDP and employment in the country and cyber security really must be at the heart of every business in every industry so it is vitally important we support these sectors as a nation. The ABFCC is also a great forum for sharing best practice experience between the UK and Australia and following the announcement of the UK Australia FinTech Bridge it will be a real chance to develop harmonized policy initiatives and build relationships across government, regulators and the private sector that will benefit both countries."
Michelle Price, AustCyber Chief Executive Officer said:
"AustCyber is proud to partner with the ABCC on this trade delegation, which will deepen bilateral collaboration on FinTech and Cyber, as well as providing business opportunities for Australian companies with scalable and applicable capabilities. The UK and Australia have many shared challenges in cyber, and our series of activities will provide ample opportunities to learn from - and leverage - our respective strengths, while further aligning our ecosystems."
The Hon. Niall Blair MLC, NSW Minister for Trade and Industry said:
“NSW currently exports over $5 billion in financial services and Information and Communication Technology. We are always looking for further opportunities to expand exports in these key sectors,” Minister for Trade and Industry Niall Blair said.
“This delegation will help promote the state's strengths, with participating companies given an opportunity to engage directly with the UK government representatives, regulators, investors, start-ups and potential clients.”
Philip Dalidakis MP, Victorian Minister for Trade & Investment said:
“Victoria’s economic relationship with the United Kingdom is as old as Victoria itself, and we’re delighted to be continuing this relationship by sending innovative technology companies over to the UK to promote their ideas and come home with new ones.”
Michael Ward, British Consul General and Director General UK Department for International Trade, Australia and New Zealand said:
“The UK Department for International Trade is delighted to be partnering with the ABCC’s FinTech Cyber Catalyst mission to the UK. It’s a tremendous opportunity for those within the Australian and UK FinTech and cyber communities to learn from each other and identify opportunities for UK-Australia collaboration, especially in light of the new FinTech Bridge between our two countries. I’m particularly pleased to see such a strong contingent of Australian companies joining the mission – my DIT team look forward to working with them to support their growth ambitions.”
Mike Smith, Chair of York Butter Factory Melbourne, said:
“The quality of submissions for this year’s sponsored places to the Australia British FinTech Catalyst reflects the talent, innovation and depth of FinTech companies in Australia, who are now well placed to realise the opportunities offered by the UK-Australia FinTech Bridge.”
Testimonials from the Australian British FinTech Catalyst 2017
“The forum was instrumental in advancing our international expansion plans to enter into the UK market, and the connections made on the trip will be highly beneficial to a successful launch.”
Chris King, CEO & Founder, Splend
“Bravo British Australia FinTech Catalyst 2017 for showcasing the ultimate London FinTech experience with access to best in class leaders and priceless panel discussions for true disrupters.”
Joanne Cooper, Managing Director, Cloud Insurance
“The 2017 British Australia FinTech Catalyst 2017 will perhaps be remembered as the most significant FinTech event this year. Key FinTech leaders, regulators, legislators, entrepreneurs, executives and media brought together and immersed in the world's leading FinTech ecosystem - mark this as a key milestone for FinTech in Australia.”
Andrew Corbett Jones, Head, Tyro FinTech Hub
“Being part of British Australia FinTech Catalyst 2017 was an eye-opening experience. It was not only the exposure to the UK market and the clear opportunities that were presented for market entry and growth in the UK but also having the opportunity to learn directly from UK FinTechs. The Australian attendees were a great group and the format of the Forum made deep conversation possible and really expanded my networks.”
Emma Weston, CEO & Co Founder, AgriDigital
“The British Australian Chamber organised an excellent FinTech Trade Delegation to London – it was extremely insightful and it was an honour to participate. The three days were packed with high quality presentations and discussions. A big thank you to all involved for pulling off such a great feat.”
Jill Storey, CEO, ReadyFundGo
Lucy Parrish- Strategy and Engagement, International Programs, ABCC
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