Amanda Price

APAC fintech trends | Global fintech update | Download | Get in touch Australian fintech investment trends As of H1’24, investments in the Australian fintech sector continue to lag behind historical averages and trend downwards, both in deal value and deal count. In terms of notable deals, Camms, a risk and compliance software developer, was purchased for $150 million by Riskonnect – American compliance tech company.

APAC fintech trends | Download | Global fintech update | Get in touch Australian fintech investment trends The fintech ecosystem in Australia continues to face a number of challenges, resulting in levels of investments not seen since 2017, and a deal count down 24% compared to H1’23. In H2’23, Australia saw a total of US$335 million worth of investments deployed in the local fintech sector, across 41 deals.

Trends | Opportunities & challenges | Download | Connect with us Fintech industry trends in the Australian market Challenging economic conditions Uncertain market conditions and an overall shift in investor sentiment have led to subdued growth, further hindered by high interest rates and inflationary pressures. Moderate growth expected Fintech leaders are expecting moderate growth over the coming year as conditions of economic uncertainty and the rise in the cost of capital persists.