2024 Singapore Fintech Festival Highlights with Kristofer Rogers Ep 199

In this special episode of Fintech Chatter, host Dexter Cousins and guest Kristofer Rogers of Volt.io review the Singapore Fintech Festival 2024, highlighting its scale, the quality of discussions, and the global interest in fintech.

They explore themes of financial health, geopolitical impacts, interoperability, the future of embedded finance and the need for collaboration in the fintech ecosystem.

In this conversation, Kristofer Rogers and Dexter discuss the evolving landscape of FinTech, focusing on the implications of disruption, the changing nature of leadership in Fintech, and the critical importance of talent.

At Singapore Fintech Festival the access to industry leaders is unparalleled. Kristofer and Dexter discuss the significance of Fintech community events and Australia's position in the global FinTech arena.

The discussion highlights the challenges and opportunities facing Australia, the need for a long-term vision, and an optimistic outlook for the future of FinTech.

Highlights from Singapore Fintech Festival 2024

  1. The Singapore Fintech Festival 2024 had 65,000 delegates.
  2. 3400 policy makers and even royalty in attended the event.
  3. 665 central banks, regulatory authorities and government organisations were represented.
  4. 5 zones for Talent, Tech, ESG, Regulation and Founders. 
  5. Financial health is a more pressing issue than financial inclusion.
  6. Interoperability is becoming more important than innovation in fintech.
  7. Africa presents unique opportunities for fintech.
  8. Collaboration among fintechs and banks is essential for success.
  9. Embedded finance is maturing, but challenges remain.
  10. The festival highlighted the importance of genuine business connections.
  11. Talent is a critical focus area that is often overlooked in discussions.
  12. Accessibility of industry leaders fosters networking and collaboration.
  13. A long-term vision is necessary for Australia to establish its identity in FinTech.
  14. Optimism exists for the future of FinTech in Australia, with potential growth opportunities.
  15. Global trade and currency are poised for significant changes in the coming years.
  16. The FinTech landscape is evolving, and businesses must adapt to stay relevant.

Chapters

00:00 Overview of the Singapore Fintech Festival
06:04 Global Perspectives on Fintech
12:01 Interoperability vs. Innovation in Fintech
18:00 Collaboration in the Fintech Ecosystem
27:46 The Implications of Global Disruption
33:21 Accessibility and Networking in FinTech
40:05 Challenges and Opportunities for Australia
45:55 Optimism for the Future of FinTech


Paul Weingarth - Slyp Ep 195

We have a great Fintech Chatter Podcast for you this week, a transformative piece in more ways than one. Dexter Cousins caught up with Paul Weingarth, Co-founder & CEO of Slyp, Australia’s only independent startup backed by all four major banks.



About This Episode

12 months ago Paul and Slyp were in a challenging place. Paul's health and fitness had suffered with the stress of running a startup and Slyp were facing capital runway challenges. Things weren't looking great.

After a week of playing the victim (and a good talking to himself), he decided enough was enough and he needed to change right now! By focussing on his health first, the past year has been phenomenal. Paul is back in his best shape since his Uni days, shedding 25kg and doing his first triathlon. And Slyp has bounced back from its challenges with the launch of Go Rewards!

This is one of our favourite-ever episodes. Paul first appeared as an early guest - to see first-hand his journey and to be able to share it with you through the podcast is something we're really proud of!

About Slyp

Since Slyp launched in 2017 they have made it their mission to bring brands closer to their customers. The digitising of receipts and connecting the "SKU to Who" has allowed them to grow their market presence. Their DNA has always been about enriching the customer experience and helping retailers unleash the power of their POS data, to drive targeted engagement opportunities with their customers.

Go Rewards Powered By Slyp

They recently launched Go Rewards the first turnkey, full-stack loyalty platform that drives smarter commerce allowing retailers including, Kmart, Country Road Group, Chemist warehouse and countless others, the opportunity to harness the power of consumer buying, getting to "Know & Grow" their customer relationships.

About Paul

With a career rooted in digital commerce and payments, Paul previously led PayPal Australia’s growth team. His expertise and passion lie in customer experience, with a vision to revolutionise payment experiences, delivering step-change value to both retailers and their suppliers.

Outside of work, Paul has reignited his dedication to health and fitness, recently competing in his first triathlon.

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Ryan Edwards-Pritchard - Anna.Money Ep 194

In the latest episode of the Fintech Chatter podcast, Dexter reconnects with Ryan Edwards-Pritchard, CEO of Anna.Money.

Ryan chats to Dexter about the recent merger of Cape and how he's joined forces with the UK's Anna.Money to bring a new approach to supporting the 2 million plus small businesses in Australia.

About this episode

Ryan shares the back story of launching Cape in Australia and the challenges he faced getting through the pandemic, securing funding, growing the business and then navigating the funding crunch.

They discuss the synergies that led to Cape being acquired by ANNA and Ryan shares his learnings and advice for other founders seeking an acquisition partner.

Ryan also shares the plans for growth in the region as well as some unique product offerings and services for the Aussie market.

About Anna.Money

As "The business account that does your accounting and taxes" Anna.Money provides a smart all-in-one business account for money, invoicing, expenses, bookkeeping and taxes.

About Ryan

Ryan would describe himself as a British expat Fintech Nerd. His background in the UK saw him heading up Europe's largest digital marketplace for SME Finance in Funding Options.

Subscribe & Review:
If you enjoyed this episode, please subscribe and leave us a review on [Apple Podcasts/Spotify/Your Preferred Platform]. Your feedback helps us bring more engaging content and insight.

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John Crutchely & Dave Malcolm - Mist Ep 193

In episode 193, Dexter Cousins sits down with Co-Founders John Crutchley and Dave Malcolm, the brains behind Mist, an innovative solution helping students organise their new life in Australia. It doesn’t sound glamorous, but it is an untapped market ripe for digital innovation.

Dave and John share their vision for what promises to be a unique Fintech scaleup. Mist stands out as an ambitious concept. Where many Fintech’s have essentially created a business that could easily be a feature in an app, Mist is an app that makes Fintech a feature of their design.

Dave and John share their Mist journey so far and how their contrasting startup experiences at MarleySpoon and Volt Bank are helping them navigate the pitfalls of a Fintech startup.

Key Take Aways


About Our Guests:


John Crutchley
John gained extensive experience in various leadership roles in the Banking sector before founding Mist. He specialised in migration and international banking for ANZ and Volt Bank, where he was specifically hired as Head of International Banking to lead their go-to-market strategy in the international student market.

Dave Malcolm
A passionate C-Level executive and entrepreneur with a proven track record of founding, building, and scaling digital ventures across web2 and web3 in Australia.
He pinpoints the co-founding of Marley Spoon & Dinnerly in 2015 as his career highlight, which went on to be listed on the ASX in 2018 (ASX: MMM).


Show Notes:


Links & Resources:


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If you enjoyed this episode, please subscribe and leave us a review on [Apple Podcasts/Spotify/Your Preferred Platform]. Your feedback helps us bring more engaging content and insightfu

Send us a text

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Robert Kassis - Digizoo Ep. 192

In this episode of the Fintech Chatter Podcast, Dexter sits down with Robert Kassis, a visionary leader and co-founder of DigiZoo, a digital consultancy supporting some of Australia’s most innovative Fintech including 86 400, Volt Bank, Afterpay Money, Constantinople and Great Northern Bank.

DigiZoo is at the forefront of transforming businesses through innovative digital solutions, helping organizations navigate the complexities of the digital landscape with confidence and agility.

Robert shares his insights on the complexities of digital transformation in today's banks, how DigiZoo helps incumbents stay ahead of the curve, and the critical role that technology plays in driving business success. We also delve into the unique approach DigiZoo is developing by productising their service offering.

Whether you're a founder/executive looking to enhance your product capability or someone interested in the latest trends in digital innovation, this episode offers valuable perspectives on how to thrive in the Fintech 2.0 era.

Key Takeaways:

About Our Guest:
Robert Kassis is the co-founder of DigiZoo, bringing years of experience in digital strategy and innovation. With a passion for helping businesses leverage technology to achieve their goals, Robert has been instrumental in positioning DigiZoo as a leading consultancy in the digital space.

Show Notes:

Links & Resources:

Subscribe & Review:
If you enjoyed this episode, please subscribe and leave us a review on [Apple Podcasts/Spotify/Your Preferred Platform]. Your feedback helps us bring more engaging content and insightful conversations to you.

Join the Conversation:
Got questions or thoughts on this episode? Share them with us on social media using the hashtag [#FintechChatter], or send us an email at info@tieronepeople.com.

Revolutionising Housing Finance: Tim Buskens of HOPE Housing

In Episode 191 of the Fintech Chatter Podcast, Dexter Cousins is joined by Tim Buskens CEO of Hope Housing a not-for-profit initiative assisting Essential Service Workers. Dexter and Tim chat about the very real issue of home ownership in Australia for essential workers, as they battle to afford housing closer to where they work.

Revolutionising Housing Finance: HOPE Housing

About Hope Housing

Tim has witnessed first-hand the issues faced by our essential workers in their fight to afford home ownership. He was struck by the stress many of our essential workers face on a daily basis. Observing how they are often forced to move away from their community in order to buy a home, resulting in long journeys to get to work. 

Mainstream banks view essential workers as too high risk for the traditional mortgage route and Tim felt there could be a better way.

From this Hope Housing materialised. An innovative way for people to finance their home purchase through alternative investment, not just the bank route. Now in its 4th year, they are working with great partners who are helping make this happen.

They've assembled an experienced team of financial and technology experts, culminating in a group of people who continue to innovate the solution and deliver the mission to help Australia's unsung heroes buy a home.


About Tim Buskens

Tim is Chief Executive Officer and a Founding Director of HOPE Housing. Tim brings over 25 years’ experience in financial services across both private and public sectors to the role at Hope Housing. 
Most recently as COO of the Australian Superannuation Funds Association, Tim has also held executive positions in Link Group, Oasis Asset Management and ASIC. 
Tim has a Bachelor of Business from Victoria University and a Masters of Applied Finance from Macquarie University.

Chad West - How Did Revolut Grow To 20 Million Customers?

In episode 190 of Fintech Chatter Dexter Cousins is joined by Chad West, VP of Marketing for Argent.

Dexter and Chad first met in 2018 when Chad was VP of Marketing for Revolut. Tune in as they talk about how Chad grew Revolut from 50K to 20 MILLION customers in 5 years

About Argent

Argent is the world's most simple and secure smart wallet for Ethereum. It puts the power of crypto into the hands of anyone with a phone. Empowering users to control and prosper from their digital assets and identity.

Store, save and send; borrow, earn interest and invest. No-nonsense and non-custodial. Combining beautiful design and bulletproof security. Without borders or boundaries.

Launched in 2018 Argent is backed by Silicon Valley and Europe's top investors, including Paradigm, Index Ventures, Creandum and firstminute capital.

Download Argent in the App Store

Find out about careers

How Revolut Grew to 20 Million Customers

Chad and Dexter talk about the early days of Revolut. When Chad joined as their first marketing leader, he was employee no25. Revolut had amassed a fairly impressive 50,000 customers at this stage.

Chad shares some of the strategies and processes he implemented to take the company to 20 MILLION customers just 5 years later.

Dexter also talks to Chad about his career post Revolut. And Chad shares why he believes the world of digital assets has even more potential to fulfil the early promise of Fintech.

And as one of the most accomplished marketers on the planet, Chad shares his tips for founders and gives some career advice to marketeers concerned about the rapid shake up in the industry by AI.


About Chad West

Chad was an early employee and Director of Global Marketing & Communications at Revolut. He helped transform the company from a fintech app that no one had heard of, into one of the fastest-growing technology companies in the world.

Chad's marketing philosophy is a little different. He doesn't believe in blowing money on expensive Super Bowl ads, but instead by bringing customer's as close to the business as possible, and scaling through advocacy.

From product marketing and community building, to referral campaigns and engagement, Chad has seen it all.

Chad began his career in Public Affairs supporting at the the time UK Prime Minister, David Cameron.

He then joined renowned Internet giant Rocket Internet, where he really cut his teeth in growth marketing, before joining Revolut as their first senior marketing hire in 2017.

Chad is now VP of Marketing for Argent and holds an advisory role with Sorare.

PropHero - Pablo Gil Brusola Ep 189

In episode 189 of Fintech Chatter Dexter Cousins is joined by Pablo Gil Brusola, CEO of PropHero. 

About PropHero

PropHero, founded in July 2021, is Australia’s leading PropTech platform redefining property investment through cutting-edge data & AI technologies. The platform empowers over 1000 clients worldwide to craft high-return, low-risk property portfolios.

PropHero simplifies the entire investment journey by connecting clients with trusted partners and handling everything from market research to property management. As we fast forward to today, the PropHero team has grown to over 100 dedicated members and expanded to property markets in Sydney, Spain, Bali, and Ireland.

Prophero has sought minimal investment from Jelix and Afterwork ventures as it continues its global expansion.

About This Episode

Pablo dials in from Barcelona to share his secrets on building a global Fintech/Proptech.

Dexter goes in depth with Pablo to understand how he, and his co-founder Mikael Roger, have built a global business with over 100 people across Australia, Spain, Bali and Ireland.

Dexter digs deeper to understand Pablo’s values, principles and motivations that drive him towards success.

Tune in as we discuss:

About Pablo Gil Brusola 

As a native Spaniard Pablo moved to Australia to study in 2009. He instantly fell in love with the country and decided he had to come back. Starting his career in a Big 4 consulting firm, he quickly realised he was an entrepreneur and started his first company Growpro. After a successful exit, Pablo teamed up with a friend and fellow co-founder Mikael Roger to launch PropHero.

Find out more www.prophero.com.au

Stevie Ann Dovico - Beyond Bank Ep 188

In episode 188 of Fintech Chatter podcast, Dexter Cousins is joined by Stevie-Ann Dovico, CIO of Beyond Bank.

We know what you're thinking, This is a Fintech Podcast, why are you featuring a Community Bank?

Back in 2020 Dexter made a bold prediction that talent would move from Fintech and Big banks to the community banking space, as they looked to make an impact on community.

So we were not as surprised as others when Beyond Bank managed to attract one of NAB's rising star executives in Stevie-Ann.

Tune in as Dexter chats to Stevie-Ann about her motivations for joining a community bank, the synergies with Fintech and how Fintech founders can work in partnership with community banks to solve BIG societal problems like affordable housing.

About Beyond Bank

Beyond Bank is one of Australia's largest, 100% customer-owned mutual banks with a credit union heritage.

Founded over 60 years ago by those who felt left behind by a traditional banking system that failed to meet their needs or expectations. Beyond Bank has a vision to be the best bank for relationships. Striving to create and return value for their customers and communities helping to change lives.

Stevie-Ann talks about how Beyond Bank proudly attained B Corp Certification in Australia, showing their commitment to the social and environmental impact their business has on the community.

About Stevie-Ann Dovico

Stevie-Ann is a dynamic and visionary Information Technology and Digital Executive with over 15 years of experience in Financial Services across Asia Pacific. 

She has proven success in leading large (600+), cross-functional, global teams across Technology, Digital, Strategy and Innovation, Product and Distribution, Risk and Compliance and Enterprise Transformation. 

At Westpac, Stevie-Ann experienced the growth of the Australian Fintech scene through the partnership with Re-Inventure fund and her involvement with Stone and Chalk.

In 2022 Stevie was awarded Executive Leader of the Year by Women in Digital. She holds an MBA from the University of Sydney in addition to B.Business and B.Information Technology. 

Stevie is a Member of the Australian Institute of Company Directors.

Erica Xie - Tanggram

Erica Xie joins Dexter Cousins to chat about Tanggram, a smart wealth-creating App that  integrates investment with shopping rewards.

Congratulations to Erica who has just been announced as Emerging Fintech Leader of the Year at the 2024 Finnies Awards.

About Tanggram

Co-founded with CEO Nick Tang in 2017, Tanggram is unique in that it serves a massively underserved segment of Australia's community, Asian immigrants.

The app provides a seamless wealth building journey to well-educated, young people who have stable income streams and financial goals.

Dexter spoke to Erica just days before she was awarded Emerging Fintech Leader of the Year at the prestigious Finnies Awards.

Erica shares her journey as COO from starting out as a financial advisor with Nick, to building a Fintech Platform. We also cover:

Erica also shares news of the upcoming launch of their superannuation product.

https://www.tanggram.com/more-super

About Erica Xie

Erica is a results-oriented leader with extensive experience in business management and operations, particularly in startups and the Fintech industry. As the Co-founder of Tanggram, Erica has played a key role in building a cohesive and goal-oriented team, and has contributed to the successful partnerships and market position of the business. 

Erica was honored as the "Emerging Fintech Leader of the Year" at Fintech Australia's Finnies Awards and "Young Leader of the Year" at the Women in Finance 2022. Erica has also been nominated for the "Female Fintech Leader of the Year" in both the 2023 and 2024 Fintech Australia Finnies Awards.

https://www.tanggram.com/

Andrew Ward - Liquidise

Liquidise - Solving the Equity Problem for Startups and Private Companies

In episode 185 of Fintech Chatter Dexter Cousins is joined by Andrew Ward, CEO and Founder of Liquidise.


Hi, Dexter here with another great episode with another great Aussie Fintech founder. This week I chat with Andrew Ward about the launch of his latest venture, Liquidise. I'm excited to bring you this chat as Andrew has developed a solution that almost all of our listeners will benefit from!

And as this isn't Andrew's first Rodeo, he shares some honest and candid advice for founders earlier in the journey.

Key Learning from this Interview

Every episode I take a key learning from my guest. And it helps me create a profile of founders, with qualities they all share.

What stands out to me in this interview with Andrew is the moment he decides to launch Selfwealth (his first ever startup. Andrew explains how he was working at CBA at the time when he rather cheekily organised a meeting with a potential client, only he decided to pitch his start up idea NOT CBA's services.

The worries Andrew had of this move backfired were quickly replaced with worries of how he was going to tell his wife. The person he pitched to loved the idea but insisted Andrew had to quit his job in two weeks. Andrew and his wife went on to make SelfWealth the 3rd largest retail trading platform in Australia and listing on the ASX.

Look, if you had one shot or one opportunity
To seize everything you ever wanted in one moment
Would you capture it or just let it slip?

Eminem

What strikes me about this story is every founder has a moment in their life - like the Eminem song 'Lose Yourself' you've got one shot, one moment and your life changes forever once you make that choice.

For some founders it may be a life event, a birth, marriage, health scare, job loss that acts as that moment. For others (like myself) it was not being able to live with themselves if they didn't follow their dreams. And for others like Andrew it may be a golden opportunity, a chance meeting or encounter.

Whatever that moment is every startup begins with that choice, that decision. It's one of the most powerful aspects of business/venture building that goes overlooked. We tend to focus on the problem we are trying to solve as the genesis of a business, rather than the emotions that are driving us to risk everything in search of a dream or vision.

About Liquidise


Recorded in the week Liquidise launched into the Aussie market, Andrew shares how he is unlocking private equity for company owners, investors and employees. 

Liquidise is a unique platform, giving shareholders and investors access to guaranteed cash and equity with instant cash settlements.

With Liquidise, company owners retain complete control over their cap table and can reward employees meaningfully. Investors get access to pre-vetted unlisted company opportunities, with direct ownership on the Liquidise share registry.

Using blockchain technology, Liquidise is revolutionising the way founders and private companies can grow their companies, attract the best talent and keep control of their business.

About Andrew Ward

The inspiration for Liquidise came from Andrew's own experience of launching, growing and listing SelfWealth. 

His shareholders, like those in all unlisted companies, had to wait for either a public listing, company sale or change of control, or transact at a buyer’s set price – if a buyer could be found. 

These options for private shareholders can be expensive and value destroying. In founding Liquidise, Andrew and his team are intent on solving this problem to unlock the value in private companies.

Find out more - https://liquidise.com/

Or watch Andrew tell you all about Liquidise in this promo video - https://youtu.be/QbqOklgComM?si=PWZZ4t2oj_88TxCX

Peita Piper - Avenue Bank

Meet Australia's newest bank CEO, Peita Piper of Avenue Bank.

Avenue Bank were recently granted a full ADI banking license and Dexter Cousins chats to Peita about their journey.

In this episode Peita shares the strategy of Avenue and their focus on a niche business banking product neglected by banks, the bank guarantee.

Avenue have digitised this paper process which takes up to 60 days to offer a bank guarantee in 24 hours!

We also talk about the challenges of dealing with regulators in the aftermath of failed digital banks Xinja and Volt, while also looking at the big successes like Judo.

Peita also shares her personal experience as we talk about the 'glass cliff'. Peita shares her own inspiring story of backing herself and taking on the CEO role at a very difficult time in the business.

I also get the chance to ask Peita about what I believe is the hardest part of being a scale up CEO, taking the reigns from founders whilst they remain in the business.

Finally I just want to say a MASSIVE well done to everyone involved in the Avenue journey. There is no tougher startup challenge than building a bank - it's the Everest of startup mountains to climb.

You can find out more about Avenue Bank and careers https://www.avenuebank.com.au/careers

Until the next episode, keep well!

Dexter.