EY ties in with Australian fintech hub
(18 July 2016 – Australia) Ernst & Young (EY) has announced that it will partner with Sydney fintech hub Stone & Chalk.
EY's Fintech Leader for Australia Anita Kimber highlighted the importance of getting involved with the fintech community at a grassroots level.
“There are obvious synergies in linking innovative fintech startups with larger corporates, particularly given the appetite for new partnerships and M&A,” she said.
“There is a massive opportunity here for Australian fintech entrepreneurs to be at the forefront of this trend, but they need access to global markets to reach their next stage of growth. Through EY’s global fintech network, we can help equip them with the tools and support they need to make this happen.”
In a statement, the professional services firm added that it has been deeply involved in the fintech space, investing research across global markets and building out a fully dedicated Australian fintech team.
“One of our key aims is to help Stone & Chalk members create new relationships – with financiers, customers, potential partners and acquirers – that help them to accelerate their growth and achieve their business goals. It’s about connecting the whole financial ecosystem and building bridges between entrepreneurs, financial institutions, venture capitalists, regulators and governments,” Kimber said.
“EY’s extensive local, Asia-Pacific and global financial services network means we are well-placed to help make these connections.”
Stone & Chalk, which is run as a not-for-profit fintech hub, was established in September 2015 with over 40 resident startups.
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