About FinTech sector in Australia
The FinTech sector in Australia comprises 4.65K companies, including 835 funded companies having collectively raised $19.7B in venture capital money and private equity. Out of these, 413 are Series A+ funded, and 3 have achieved unicorn status.
FinTech sector in Australia has seen 217 acquisitions and 71 IPOs. This represents almost 6.2% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies offering tech-enabled financial services and IT infrastructure and software for offering and managing financial services.
FinTech sector is also known as BFSI Tech.
Companies providing tech solutions to provide financial services like lending, banking, fundraising, insurance, etc are included in this sector. Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc are excluded.
Top FinTech Companies in Australia
There are 4,648 FinTech startups in Australia which include Airwallex, AN Support Services India Private Limited, Zip, Spaceship, Afterpay. Out of these, 835 startups are funded, with 413 having secured Series A+ funding, and 3 achieving unicorn status.
Over the past 10 years, an average of 213 new companies have been launched annually. Notably, several of these startups have been founded by alumni of INSEAD, Harvard University and London Business School (LBS).
Here is the list of top FinTech startups in Australia
1. Airwallex
Cross-border payment processing solution for businesses. It provides tools to collect international payments, deposit funds, and make payments. It offers current FX rates and APIs to automate foreign exchange, collections, and payments. Also provides business payment cards for domestic and international payment needs.
Key facts about Airwallex
- Founded Year: 2015
- Location: Singapore (Singapore)
- Stage: Series G
- Total Funding till date: $1.58B
- Investors: Lone Pine Capital, Tencent and 41 Others
- Latest Funding Round: Series G, Dec 08, 2025, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 383 Competitors
Provider of financial solutions for individuals and businesses. It provides users with a range of personal and corporate banking services to individuals, businesses, and governments. The company operates a digital banking platform, offering internet and mobile banking capabilities, as well as a network of physical branches and ATMs.
Key facts about AN Support Services India Private Limited
- Founded Year: 1835
- Location: Melbourne (Australia)
- Stage: Public
- Latest Funding Round: Post IPO, Aug 07, 2015, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 1 of 21 Competitors
3. Zip
Provider of an online platform for point-of-sale financing. Its features allow users to purchase products within the partnered merchant network and pay in monthly instalments. It features a merchant portal enabling businesses to sell products with buy now pay later options to the end customers. It allows users to manage money by linking their bank accounts and also offers tools for fraud prevention, risk management, and social scoring. The application is available on Android and iOS platforms.
Key facts about Zip
4. Spaceship
Spaceship provides an app-based superannuation fund for individuals to invest in technological companies. It offers a thematic investment platform which enables users to invest savings in the portfolios of technology companies. Offers Global Index and Growth X funds comprising of Australian and International shares. It charges administrative fees based on the investment amount. the app is available on Android and iOS platform.
Key facts about Spaceship
- Founded Year: 2016
- Location: Sydney (Australia)
- Stage: Acquired
- Total Funding till date: $31.1M
- Investors: AirTree, Sequoia Capital and 15 Others
- Latest Funding Round: Series A, Aug 20, 2020, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 41 Competitors
5. Afterpay
Provider of an online platform for point of sale financing. It enables users to make installment payments for purchased products at partnered stores. It also provides solutions to retailers for facilitating purchase financing. The application is available on Android and iOS platforms. The platform also aggregates products and deal offers to customers.
Key facts about Afterpay
- Founded Year: 2014
- Location: Melbourne (Australia)
- Stage: Acquired
- Total Funding till date: $35.4M
- Investors: Sarissa Capital, Coatue and 12 Others
- Latest Funding Round: Post IPO, Aug 20, 2020, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 5 of 138 Competitors
Companies founded year-on-year in the FinTech sector in Australia
355 FinTech startups in Australia were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 22 |
2024 | 88 |
2023 | 152 |
2022 | 200 |
2021 | 341 |
2020 | 315 |
2019 | 308 |
2018 | 351 |
2017 | 355 |
Stage-wise distribution of FinTech sector companies in Australia
Out of the total 4,648 FinTech companies in Australia, 835 have secured funding. Among them, 413 have reached Series A or higher, and 337 to Series B or beyond.
Founded - 4,648
Funded - 835
Series A+ - 413
Series B+ - 337
Series C+ - 308
Company Stage | No. of companies |
|---|---|
Founded | 4,648 |
Funded | 835 |
Series A+ | 413 |
Series B+ | 337 |
Series C+ | 308 |
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Funding Trends in the FinTech sector in Australia
Total funding year-on-year in the FinTech sector in Australia
The FinTech sector in Australia saw a total funding of more than $13.8B in the last 10 years. The most amount of funding was in 2021 at more than $2.82B. There has been a total funding of $10M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $10M |
2025 | $990M |
2024 | $942M |
2023 | $1.38B |
2022 | $1.7B |
2021 | $2.82B |
2020 | $2.57B |
2019 | $1.56B |
2018 | $1.15B |
2017 | $646M |
Recent Funding Rounds in FinTech in Australia
In the year 2026, till January 2026, FinTech companies in Australia have raised $10M in equity funding across 1 round.
In the same period last year (i.e. till January 2025), FinTech companies in Australia had raised $685K across 1 round.
So, 2026 has seen a 1359.01% rise in funding in FinTech companies in Australia as compared to 2025.
Here are some recent, important funding rounds in FinTech companies in Australia:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 6030 | Jan 06, 2026 | and 2 more | |
Seed | 2558 | Dec 08, 2025 | ||
Series G | 9081 | Dec 08, 2025 | ||
Seed | 4990 | Oct 14, 2025 | ||
Series A | 6262 | Oct 11, 2025 | - |
Top Investors in FinTech in Australia
Felicis Ventures is the top investor in FinTech companies in Australia based on number of companies invested.
Here are some top investors in FinTech companies in Australia:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Menlo Park (United States) | - | |
Singapore (Singapore) | - | |
Perth (Australia) | ||
New York City (United States) | ||
Stockholm (Sweden) | - |
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M&A activity in FinTech sector in Australia
In the year 2026, till January 2026, 1 acquisition happened in FinTech sector in Australia. Last year, in 2025, a total of 23 acquisitions happened in FinTech sector in Australia.
Here are some recent, important acquisitions in FinTech sector in Australia:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jan 02, 2026 | ||
Business Acquisition | Dec 17, 2025 | ||
Business Acquisition | Dec 14, 2025 | ||
Business Acquisition | Nov 10, 2025 | - | |
Business Acquisition | Nov 05, 2025 |
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Acquisition trends in FinTech sector in Australia
Here are the acquisition trends in FinTech sector in Australia:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 23 |
2024 | 26 |
2023 | 24 |
2022 | 18 |
2021 | 31 |
2020 | 26 |
2019 | 18 |
2018 | 12 |
2017 | 12 |
IPOs in FinTech in Australia
In the year 2023, till March 2023, 1 IPO happened in FinTech sector in Australia.
Here are some recent, important IPOs in FinTech sector in Australia:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Mar 24, 2023 | Frankfurt Stock Exchange (FRA) | |
Dec 20, 2022 | New Zealand Stock Exchange (NZX) | |
Apr 26, 2022 | Australian Securities Exchange (ASX) | |
Jan 31, 2022 | Australian Securities Exchange (ASX) | |
Jan 17, 2022 | Australian Securities Exchange (ASX) |
Colleges which produce the most FinTech companies in Australia
Companies founded by alumni from top colleges in the FinTech in Australia
Most number of FinTech startups in Australia have been founded by alumni from INSEAD, Harvard University and London Business School (LBS).
College | No. of companies |
|---|---|
INSEAD | 8 |
Harvard University | 6 |
London Business School (LBS) | 6 |
The University of Melbourne | 6 |
University of Cambridge | 6 |
University of Edinburgh | 5 |
University of Oxford | 5 |
Harvard Business School | 4 |
Stanford University | 3 |
Yale University | 3 |
Total funding in FinTech companies founded by alumni from top colleges in Australia
In the last 10 years, London Business School (LBS) graduates' FinTech companies in Australia have raised the most funding among top colleges. The University of Melbourne alumni are second, and University College London alumni are third.
College | Total Funding |
|---|---|
London Business School (LBS) | $2.49B |
The University of Melbourne | $1.6B |
University College London | $295M |
Harvard Business School | $226M |
Harvard University | $226M |
Columbia Business School | $172M |
Columbia University | $170M |
Ivey School of Business | $120M |
Kellogg School of Management | $105M |
University of California (Berkeley) | $105M |
Top News in FinTech in Australia
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Openmarkets extends partnership with Pearler for Australian equitiesAustralian FinTech•Dec 15, 2025•OpenMarkets, Pearler
•
Afterpay Adds New Brands Including Jenni Kayne, Hibbett, and DieselBusiness Wire•Dec 09, 2025•Afterpay
•
Circle Collaborates with Pismo and Visa to Launch Vietnam’s First AI-Powered PayLater CardBusiness Wire•Dec 04, 2025•Pismo, Circle, Visa, Circle and 4 others
•
Afterpay's losses exceed $12.2 billion since 2023 due to impairments after Block acquisitionThe West Australian•Dec 01, 2025•Afterpay
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Tanggram & NextGen Partners Announce $50M Fundraising for AI InnovationAustralian FinTech•Nov 06, 2025•Tanggram, NextGen Healthcare Information Systems
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MyBTCX.com Integrates Simplex to Expand Global Crypto Payment OptionsGlobal FinTech Series•Oct 31, 2025•Banxa, Simplex,
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Inhouse Ventures & Asahi launch hospitality tech accelerator with $450,000 funding.Startup Daily•Oct 16, 2025•Inhouse Ventures
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Financing of exotic cars accelerates as SMEs turn prestige into a business assetAustralian FinTech•Oct 14, 2025•Moneytech
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Stockspot reduces fees and increases accessibility for investors in Australia.Financial Standard•Sep 19, 2025•Stockspot
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Cash App Afterpay Reveals Over 38% of U.S. Shoppers are Financially Stressed Amid Economic PressuresBusiness Wire•Sep 11, 2025•Afterpay
