Australia: One of the Fastest Growing FinTech Markets and a Gateway to South Asia

The most recent estimates suggest that the Australian FinTech industry generated $180.2 million in 2015. By 2020, the Australian FinTech revenue is projected to grow at a CAGR of 76.3% and exceed $2.92 billion, driven by reduced taxes on investments in startups, a steady increase in mobile payments and the rise of tech-savvy digital natives.

Digital payments, personal and business finance, financial infrastructure, data analysis, cloud computing and mobile technology are some of the hottest segments in Australian FinTech. One of the factors that will contribute to the growth ...

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