Spotcap Australia has been named as a category finalist for the inaugural 2017 Fintech Business Awards!
Nominated for the Lending Innovator of the Year award, the Spotcap team is honoured to be a key part of the growing Australian financial technology (fintech) sector.
The 2017 Fintech Business Awards recognise outstanding innovation and entrepreneurship in Australian fintech. The winners will be announced across twenty major categories at the awards night, to be held late February in Sydney.
Other categories include awards for both individuals and companies, across many areas such as investment, insurance, crowdfunding, compliance, software, and more.
Fintech is a sector to watch in Australia, with exciting news in the industry to continue to come over the next few years. In particular, there has been significant support for start-ups, with the Australian Securities and Investments Commission (ASIC) recently announcing its Innovation Hub – a ‘sandbox’ for fintechs to test certain services in the market without a financial services or credit licence – with the aim to stimulate local industry growth.
ASIC’s licensing exemption for fintech startups is a world first, and demonstrates the way Australia is working to provide flexibility for innovative businesses in the sector in 2017 and beyond.
Spotcap also closed off 2016 strongly in Australia, and has led the way to further expansions in the coming year, alongside the burgeoning sector. We look forward to seeing what 2017 has in store not only for us, but for our customers and partners who both continue to achieve incredible successes here and abroad.
If you have set ambitious goals for your business in 2017 – or if, like us, you aspire to take out a pivotal industry award! – you may need to improve cashflow to realise those goals. Find out today if you qualify for finance with Spotcap, so we can help you make 2017 your best year to date.
Originally published December 28 2016 , updated January 18 2017