June 14, 2019
The Cricket World Cup fever has taken over the globe, and we feel it here at MEDICI too. The matches have begun, and all enthusiasts are looking closely at the points table. Interestingly, New Zealand and Australia are on top of the table. Seeing this, we decided to look at the FinTech market in the region.
To provide an overview, the FinTech industry in Australia has grown drastically, with the financial services sector being the largest contributor to the national economy, contributing around $140 billion to GDP in 2018. In March, the government announced a boost of AU $100,000 for its plan to develop a national blockchain roadmap. More recently, on June 13, Europe-based FinTech startup Revolut