FinTech Australia, the national association advocating on behalf of the Fintech industry, has appointed Andrew Porter as CEO.
According to a statement by the group, Porter has more than twenty years of experience in financial services including in the innovation sector at payments firms OFX, World First, and TransferMate.
Porter commented on his selection:
“It is a huge honour to lead and represent one of Australia’s key voices and influencers in the vitally important fintech industry. I have been given the opportunity to give back to the industry I have loved being a part of from its earliest days, and to help foster its growth at a critically innovative juncture. Thanks to FinTech Australia’s impressive membership base and its list of highly accomplished members, I’m excited about the organisation’s capacity to serve as an unrivalled hub for supporting mentorship across the industry.”
Porter added that he believes FinTech Australia can lead the way in defining the industry which is vital for the Australian economy.
FinTech Australia Chair Simone Joyce stated:
“This appointment marks the next phase in FinTech Australia’s work of stewarding the growth of the industry. Andrew’s long-running expertise in startups, fintech, and also cryptocurrency made him an ideal candidate to take up the reins and lead the organisation into the future.”
FinTech Australia currently represents over 420 Fintechs in Australia while supporting 35 corporate partners in their interactions with the industry. The association is a key voice in interacting with both policymakers and regulators as the industry evolves.
The appointment is said to arrive at a key point for the organization, with it set to play a leading role in dealing with the government on policy matters regarding new payments technology, cryptocurrency, and blockchain innovation.