This piece examines the Australian FinTech landscape in 2021. In particular, it provides an overview on recent significant developments in that landscape such as: government support reviews on the financial services system and payments framework; trends relating to neobanks and the offering of alternate credit arrangements like buy now, pay later; the growth of digital assets; use cases for blockchain and distributed ledger technology; and the regulatory initiatives by the Australian Securities and Investments Commission.
Authors: Peter Reeves, Partner, Robert O’Grady, Lawyer, and Emily Shen, Lawyer, Gilbert + Tobin
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Region:
Australia
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