These Australian Fintech companies will take to the stage at Demo Day this month – AlleyWatch
Over the past three years, we’ve introduced you to over 30 Australian fintech startups using Australian Trade and Investment Commission (Austrade) in New York. “Australia’s fintech sector will be showcased in New York when eight of the best and brightest Australian Fintech scaleups visit in May,” noted Rachel Howardtrade and investment commissioner New York. “These scale-ups will participate in an intensive program and attend the Fintech Nexus, helping them scale their businesses in the US.”
Austrade New York is working with a number of leading Australian fintech companies to showcase the innovation coming out of this burgeoning market on a global stage. The eight Australian fintechs that will be in New York this month are tackling challenges to streamline automation, identity verification, payments, customer acquisition and digital transformation with controlled, market-ready solutions. In collaboration with WEVE Acceleration, Austrade will host an in-person demo day in New York City at 16 May 2023. Register now to secure your place.
Australia ranks sixth globally as a fintech hub and is home to over 800 fintech companies – thanks to the country’s outsized A$10 trillion ($6.63T USD) financial sector and consumers who are early fintech adopters. ‘Buy now, pay later’ solution Afterpay (acquired by Block, formerly Square, for $29B USD) is one example of innovation from Australia’s fertile fintech ecosystem.
Here’s an exclusive look at these leading companies today:
Founded by Pedram Afshar in 2015 in Sydney, Amaka offers a suite of accounting automation tools for business owners and accounting professionals. The solutions integrate with a range of cloud-based accounting software, e-commerce and POS systems, e-signature platforms, calendars and more. Amaka’s tools automate manual data entry and fast-track a variety of business processes.
Founded in 2015, Change financial is a provider of scalable global payment and card issuing infrastructure solutions. The company’s payments platform, Vertexon, integrates seamlessly into the company’s technology stack, handling card issuance (both physical and digital), digital payments and wallets (Apple Pay, Google Pay, Samsung Pay), buy now, pay later functionality and processing. Customers can choose to let Change handle the end-to-end payment process as a Payments-as-a-Service offering. For companies building payment solutions, Change also offers PaySim, a payment test and simulation platform. The company’s solutions are currently equipped to handle transactions in over 40 countries.
Founded in 2011, Data Zoo enables digital companies worldwide to build modern customer verification experiences. With a single, global integration, fraud and risk managers can simplify integration, scale their global operations and keep customer data secure.
Founded in 2022, DoxAI ia digital marketplace that uses AI and ML technology to transform and automate clients’ disconnected and repetitive workflows. With their team of experts, they help businesses scale seamlessly, improve operational efficiency and minimize errors by eliminating manual and time-consuming document processing tasks.
Founded in 1996 and led by the CEO James Foster, Ezypay is a subscription payment infrastructure platform, designed to be embedded in other software platforms to process recurring, installment and one-time payments. Ezypay is a subscription management platform that handles payments in nine countries across the Asia-Pacific region, leading the market with a partner Net Promoter Score of 88. Business owners and developers can easily integrate Ezypay’s cloud-based capabilities to generate and automate flexible subscription plans, customer registration and onboarding, invoicing , payment processing (bank direct debit, debit card and credit card), re-invoicing for failed payments and reporting and analysis.
Co-founded by Françoise Gelbard in 2021, HumanableCX’s platform automates online workflows and interfaces across the customer lifecycle, from acquisition to engagement and retention, delivering amazing customer experiences. Using their platform and service, clients can upgrade and automate CX technologies and are increasingly able to digitize customer interactions.
Founded by Andrew Walker in 2019, Nano specializes in streamlining mortgage origination and decision making for lenders, transforming the mortgage origination process using advanced analytics and best-in-class technology. Their innovative modular platform enables real-time decisions and delivers material handling and insurance efficiency, superior unit economics and leading digital experiences.
Founded by Simone Joyce in 2018, Paypa Plane allows commercial and institutional banks to offer competitive payment products – moving banks beyond deposits by offering products their customers need in a changing payment landscape. Through our smart payment agreements and PaaS APIs, banks can offer their customers one place to access and collect all payment methods.