Fintech in Australia - statistics & facts
Australia's fintech or financial technology sector has experienced significant growth in recent years. The market in Australia features a diverse range of startups entering many fintech subsectors across the country, as well as companies that have matured over the past few years. Payments and lending are the most developed fintech subsectors in Australia in terms of the number of businesses. However, that has not limited the growth of newer, emerging fields such as challenger banks or neobanks, blockchain, and insurtech.
