KPMG Australia’s latest Fintech Landscape Australia 2020 update
Fintech numbers up from 639 to 733 over past year. See the Update. Some key findings:
1. Increase of fintechs within the lending category supported by new players in both consumer and SME lending sub-sectors, as well as an increase in Buy-Now-Pay-Later providers
2. Growth in blockchain and cryptocurrency associated fintechs matches the general support & interest in the technology asset class across the past year.
3. Evolution of the neobank sector, even though a number of neobanks have been impacted by delays to APRA’s licensing process
4. Insurtech maintaining momentum
2021 Predictions: It is that time of year when people do their predictions. These two are worth reading:
Sabine VanderLinden - 2021 Predictions Insurtech and Beyond
Nigel Walsh - 2021 we can't wait to join you! (so long 2020!)
