Innovate Finance and the Australian Trade and Investment Commission sign new International Hub membership

10th May 2021 | Blogs, News

20 April 2021, United Kingdom: Innovate Finance, ​the UK FinTech membership association is delighted to welcome the Australian Trade and Investment Commission (Austrade) as its latest International hub member.

Innovate Finance will support Austrade in its mission to expand opportunities for Australian FinTechs seeking to build new and strengthen existing connections to the UK FinTech ecosystem. Building on the success of the existing UK-Australia FinTech Bridge, we see this partnership as an excellent opportunity to develop deeper connections between the two countries at an important time, enabling our respective FinTech communities to take advantage of opportunities overseas.

Austrade is spearheading Australia’s FinTech ambitions overseas, with the purpose to support the development of a vibrant FinTech industry. It aims to facilitate collaboration among the participants and stakeholders of the FinTech ecosystem, and develop global relationships that will advance the country’s ambitious FinTech vision. 

More than 250 global members have joined the Innovate Finance ecosystem to date. These companies range from seed stage start-ups to global financial institutions and professional services firms. All benefit from Innovate Finance’s leading position as a single point of access to promote enabling policy and regulation, talent development, and business opportunity and investment capital. 

Charlotte Crosswell, CEO of Innovate Finance, said:

“I am delighted to welcome Austrade as our newest International Hub member. As we emerge from the pandemic, the UK has a vital role to play as a leader in FinTech, and we look forward to working with Austrade to build deeper connections between our respective FinTech ecosystems.”

Jennifer Mackinlay, A/g General Manager Europe, Austrade, said: 

“On behalf of Austrade, I am thrilled about this Austrade – Innovate Finance collaboration. This partnership will be a real enabler for Australian fintechs seeking to do business in the UK and UK fintechs looking to set up in Australia. It will equally provide a fantastic platform for our respective fintech ecosystems to grow their collaboration.”

Ends

About Innovate Finance:

Innovate Finance is the independent industry body that represents and advances the global FinTech community in the UK. Our mission is to accelerate the UK’s leading role in the financial services sector by directly supporting the next generation of technology-led innovators.

Innovate Finance’s membership ranges from seed stage startups and global financial institutions to investors, professional services firms, and global FinTech hubs. All benefit from Innovate Finance’s unique position as the single point of access to promote enabling policy and regulation, talent and skills, business opportunity and growth, and investment capital.

By bringing together and connecting the most forward-thinking participants in financial services, Innovate Finance is helping create a global financial services sector that is more transparent, more sustainable and more inclusive.

About Austrade:

The Australian Trade and Investment Commission (Austrade) is the Australian Government’s international trade promotion and investment attraction agency.

We generate market information and insights, promote Australian capability, and facilitate connections through our extensive global network.

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