Prospa’s recent  $25 million investment round led by AirTree Ventures, shows that their is an appetite for Australian  tech companies by Aussie VCs, says  Prospa founder and chief Beau Bertoli.

An opportunity to attract Chinese Investors into Fintech 

Victor Jiang, founder of Australian venture capital fund Sapien Ventures, which targets Chinese investors, says opening up the door for overseas investors to participate in the local startup sector is also helping to strengthen the fintech market Down Under.

“Recent changes in policies such as the Significant Investor Visa (SIV) program has strongly catalysed foreign inbound capital into the much needed early-stage venture capital and entrepreneurial ecosystem,” says Jiang.

“With US policy uncertainties and Brexit, the time is ripe for Australia to become a leading regional hub of fintech investment and excellence.”