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Industry body FinTech Australia has released its latest ecosystem map of startups, venture capital firms, accelerators, co-working venues and regulators.
The ecosystem has grown from 119 members in June to 162 in the latest version, which coincides with the annual fintech industry festival Intersekt on this week in Melbourne.
“We think it gives a great visual platform to inspire discussions in Melbourne about the current state of the Victorian and Australian fintech industry,” said FinTech Australia chief Danielle Szetho.
“The map is also an important tool to give the world a close insight into our what are our members are doing and how the Australian fintech industry is rapidly growing and changing before our eyes.”
Here is the map:
For a more detailed snapshot of fintech activity in Australia, Szetho said FinTech Australia would launch the EY FinTech Australia Census on Friday at the Collab/Collide Summit, which is a part of the Intersekt festival.
The big category change from the previous ecosystem map is the addition of an insurtech section, which this week celebrated the establishment of industry body Insurtech Australia and inclusion into the proposed updated regulatory sandbox.
FinTech Australia estimated its latest map represented about a quarter of the entire local fintech industry, which is thought to have about 600 startups involved.