British fintech delegation to visit Australia and New Zealand

By David Tuckwell on Wednesday 8 February 2017

OpinionAlternative Lending

The British Department of International Trade is sending a delegation to Australia and New Zealand, aimed at promoting British fintech in the region.

The mission will bring eleven fintech companies, which will be handpicked by the DIT. Those chosen will participate in a series of “workshops” in late March, based in Auckland, Melbourne and Sydney.

“The opportunities for both the UK and Australasia in fintech are vast and it is fantastic to see so many UK fintech companies doing well here,” said British Consul General Michael Ward.

“We look forward to welcoming our first UK fintech delegation to showcase the opportunities that exist in Australia and New Zealand for UK companies and to foster greater collaboration between our countries in this rapidly developing and growing sector.”

British fintech startups have done well in Australia, with companies like Ratesetter and ThinCats becoming established brands.

The UK is the second largest foreign investor in Australia, following the US and the second largest investor in New Zealand, behind Australia. 

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