Fintech is changing consumer shopping habits and reshaping the financial sector. In Australia, fintech remains a highly lucrative career thanks to the diversity of jobs in the sector and the exceptional growth fintech companies are seeing. These companies in Sydney are the ones to know as the sector continues to thrive.
Top Fintech Companies in Sydney
- IMC Trading
- Xero
- CommSec
- Zip
- Prospa
- Weel
- BrickX
Fintech Companies in Sydney to Know
IMC Trading functions as a market maker, meaning that it uses trading protocols to maintain a state of readiness to buy and sell various financial assets. The company provides trading services in derivatives and securities, risk management consulting services, private banking and corporate financial advisory services. IMC Trading relies on algorithmic trading as a fundamental element of all the services it provides, offering clients a tech-driven access point into markets.
Zip is a global buy now, pay later, or BNPL, company that provides shoppers with unsecured loans for future purchases. Like other BNPL platforms, Zip offers flexible repayments that are interest-free. One way Zip sets itself apart is by offering virtual cards consumers can use to make purchases in person, so they aren’t limited to online shopping.
Small business software company Xero makes products for management and accounting for small-but-mighty organizations, which rely on it to help keep the doors open and the lights on. Automations and centralized cloud-based accounts streamline the back-office aspects of running a business, while trend analyses and customizable reporting fields allow clients to run their offices in the manner they prefer.
TransUnion offers governments, organizations, companies and individuals services that include credit reporting, fraud detection and financial loans. It was founded as a credit reporting agency in 1968, which allows it to help clients make better financial decisions. The company’s Sydney office is located in the Barangaroo area.
With an office near Sydney Harbour, Enfusion is able to offer hedge funds, family offices and institutional asset managers a completely integrated investment management platform. It aims to give its clients a comprehensive view of their businesses through services such as trading, risk management, operations and accounting.
Prospa is a fintech platform that provides lending services to small businesses. The company features an easy-to-use platform where businesses can sign up and, in a matter of minutes, apply for up to half a million dollars in financing. The company also offers a free business checking account with tools to help customers manage funds.
With an office in Surry Hills, Adyen’s platform accepts payments in-person, in-app and online. It provides a single software solution for data-driven insights, end-to-end payment solutions and financial products. The company’s other multinational offices include Shanghai, Chicago, Mexico City and Toronto.
CSC aims to make data analytics, cloud computing services and cybersecurity more efficient with its cutting-edge technology. It provides businesses with services that include capital markets transactions, administrative alternative asset management and business administration. The company has an office in North Sydney near Victoria Cross Station.
Weel is a fintech platform that allows businesses to create and manage corporate cards. The platform features virtual card generation, bill pay, spend controls, budgeting and integrations for accounting software. Through Weel’s web and mobile platforms, the company can also process expense reimbursements.
BrickX is a property investment platform where people can invest in properties for as little as $250. With these micro-investments, BrickX can purchase properties. Users earn capital returns and net rental income based on their initial investment.
CommSec is one of Australia’s largest investment brokerages. Through the platform, people can invest in financial products, like exchange-traded funds, Australian stocks and international stocks. CommSec also offers money management services that provide expert trading advice from its financial staff.
