With less than one week left before our first FinTech Demo Day, the SBC office is buzzing with anticipation and excitement! The teams have been hard at work over the last 12 weeks and will finally debut their growth to a crowd of 300 guests next week at the Forum Melbourne.
This cohort blew us away from the beginning, with being 90% internationally founded outside of Australia, 2 of the teams having valuations of $10M AUD before the program even began, and all of the teams majorly disrupted the current status quo of the Australian FinTech industry. The startups have focused on addressing financial inclusion, with themes including regtech, customer centricity, open banking, and asset & wealth management.
We are so excited to be hosting FinTech Demo Day at the iconic Forum Melbourne. The day will include a welcome from FinTech Minister Jane Hume, announcements from our corporate partners including NAB, Bupa, Deloitte, Capgemini, AustralianSuper and DiUS on their work with the teams over the past three months as well. The startups will each pitch for 5 minutes, revealing their work throughout the program and even some special announcements regarding upcoming pilots and POCs.
Meet the Startups
Each of the startups will have a ‘booth’ in which guests can interact with the teams after their pitches to learn more about their businesses and learn about their experience throughout the accelerator program. Bring your business cards to drop into the infamous silver SBC bowls as you make your way through each of the startups’ booths!
ChintaMoney is a mobile application that allows users to implement bucketing methodology (the same methodology as the Barefoot Investor) to plan & save for goals and earn discounts on spending, bringing them closer to financial well being.
Emotics is a RegTech company that drives positive employee conduct through behavioural change. They provide a suite of analytics for online compliance training to ensure employee engagement and optimise training content.
Fractal is an API based payments and insights platform for financial institutions who service Small-Medium-Enterprises. One of the scaleups in the program, Fractal has been focused on utilising the Royal Commission to launch and scale their business in the Australian Market.
Infovera is an online marketplace that gives business owners an industry benchmark score and recommendations to increase the value of their company. The second scaleup in the cohort, Infovera has been able to leverage the relationships with our corporate partners in pilots, some of which will be announced on Thursday!
Insurevite is a solution that enables insurers to revolutionise their customer experience through social messaging apps. Founder David Yeng travelled from Singapore to Melbourne for the program and has been working with one of our corporate partners, Bupa, throughout the program in a pilot to integrate Insurevite with the insurance company.
Pencil is a SaaS platform for wholesale suppliers and distributors. It’s the easiest way for new accounts to apply for trade credit and the fastest way for suppliers to get paid. Founder Tim Demetriou used his personal experience of opening a cafe 18 months ago to revolutionise the way suppliers get paid and improve their businesses’ cash flow.
TradingValley is an investing intelligence engine that combines machine learning technology and a quantitative model for delivering a next-gen wealth management experience. They worked with Nabtrade during the program as well as other licensing deals and VC funds.
Youthful Savings is a learning marketplace that empowers the next generation with financial wellness, entrepreneurship training and enrichment education. The startup ran a pilot with Capgemini during the program, in which youth participants came familiar with the platform and were taught fundamental financial literacy skills.
Zigway makes bulk buying of essential goods and services affordable for low-income families through their monthly subscription box. The business is focused on “ending poverty penalties forever” by leveraging bulk buying and empowering the individuals in Myanmar with entrepreneurship opportunities.
Zscore is a machine learning-based platform that increases the usability of data by automating manual tasks. The company currently has four POC’s in the pipeline with banks, insurance, and logistics companies.
As a guest, be prepared to network with individuals from diverse backgrounds and experiences. Our SBC network includes partners, mentors, investors, and industry experts across FinTech and industry in Australia.
Luckily, there is still time to register! Sign up for the big day here.
P.S. Can’t make it to the big day? Tune in to the live stream on Facebook at 2:30 PM AEST here.