Launch of 2018 FinTech Census

| August 1, 2018

EY and FinTech Australia have launched their 3rd annual fintech survey to track the growth and the progress of Australia’s fintech ecosystem.

The 2018 EY FinTech Australia Census aims to gather intelligence on the changes in the Australian fintech ecosystem and demonstrate how regulatory and economic factors are impacting the growth of the market.

FinTech Australia Chief Executive Officer Brad Kitschke said “The census is an important piece of work to demonstrate year-on-year trend base data about the market.

“This year, we have seen regulatory decisions about Open Banking and Open Data, and Comprehensive Credit Reporting, so it will be interesting to see what the impact of this has been, and how the industry is tracking.

“The census is not just a report about the industry but a necessary tool to help FinTech Australia as it advocates for policy outcomes that will continue to grow the sector. We encourage everyone in the fintech ecosystem to participate.”

EY FinTech Advisor Meredith Angwin called Australia a fintech leader in the Asia-Pacific region and believes the annual census provided an important opportunity to obtain an accurate snapshot of the local market.

“As the Australian fintech industry matures rapidly, having a clear picture of the sector is integral to helping ensure both the overall ecosystem and individual participants continue to succeed and thrive,” Ms Angwin said.

“EY is proud of our work in this space and of our ongoing relationship with FinTech Australia and its members. Our continued investment in helping to document and support the growth of the fintech industry in Australia has already resulted in valuable insights and we look forward to what this next iteration of the census will tell us about the key trends, challenges and opportunities facing the sector.”

The census launched on Monday 30 July and the results will be announced at FinTech Australia’s Intersekt Conference in Melbourne, on Monday 29 October.

Every survey respondent who submits to the Census will be given the opportunity to go into a prize draw to win tickets to this year’s Intersekt conference in Melbourne from 29 – 31 October.