Business View Oceania l February/March 2023

48 BUSINESS VIEW OCEANIA VOLUME 5, ISSUE 2 amplify international exposure, and collaborate with decision leaders for the industry. FinTech Australia also regularly collaborates with other organisations and groups that are within or complementary to the Australian fintech sphere, for example, Insuretech Australia, Regtech Australia, Blockchain Australia and the Tech Council of Australia. “Our sector is growing, so it makes sense that we grow with it alongside other organisations that have the potential to help us do so.” The association uses partnerships like these to develop and provide a number of industry-related resources to members and the general public, including the latest EY FinTech Australia Census (2021), which shows a significant increase in the matching or exceeding of capital raising expectations for Australian fintechs. The census highlights an increase from 57% in 2020 to 82% in 2021, indicating that the sector is indeed growing dramatically. Other resources include Industry Reports (members only), Services Directory (members only), Regulatory Map, Investor Map, and the Parental Leave Policy, which offers guidance to fintech on best practices regarding parental leave for staff. Mrs. Joyce concludes with FinTech Australia’s vision for the future. “We’re really looking forward to 2022 as a new era for the industry and foresee a significant growth period over the next few years. Regulatory and government support will be key as industry drivers continue to innovate and work collaboratively. We are seeing a lot more investment as the sector attracts large financial service companies and institutions, and as the peak body for our industry, we are incredibly excited to be a critical part of that. Our job is to foster a positive and efficient operating environment for our fintechs to thrive in, and that is what we will continue to work on as our sector evolves.” Fintech Australia will continue to identify and meet the needs of their members in response to future developments, advocate for the space, maintain an inclusive, collaborative industry environment, and bring in new industry connections moving forward. Watch this space!