cybersecurity

According to a statement by the Australian British Chamber of Commerce (ABCC), these industry leaders form the delegation as winners of the Australian British FinTech Cyber Catalyst (ABFCC) 2018.

The winners are from Everproof, Trade Ledger, TRAction Fintech, Adviser Ratings, InDebted, CYDARM Technologies, HyperIntel, Airlock Digital, Aleron and Randtronics.

The participants will engage in “a tailored program of events and activities with government, regulators, investors, start-ups, scale-ups and clients in London” in the areas of regtech, cyber security, payments, software and big data, the statement said.

ABCC chief executive David McCredie said the UK-Australia FinTech Bridge had allowed for Australian firms to expand internationally, form partnerships and share best practice.

“This ABFCC in July will provide an excellent platform for these successful businesses to pursue their international ambitions and grow their business,” Mr McCredie said.

Michelle Price, chief executive of AustCyber, one of the key partners for the ABFCC, added: “The UK and Australia have many shared challenges in cyber, and our series of activities will provide ample opportunities to learn from – and leverage – our respective strengths, while further aligning our ecosystems.”

In a separate statement, NSW Minister for Trade and Industry Niall Blair announced that the state government had pledged $15,000 to sponsor five NSW-based fintech and cyber security firms that will form part of the delegation heading to London in 2-5 July.

Aleron, Trade Ledger and TRAction Fintech are based in Sydney’s central business district, while InDebted is based in Pyrmont and Randtronics in North Ryde.

The funds will cover conference delegate fees as well as accommodation and airfare for the businesses.

Mr Blair said: “The NSW Government is always looking for opportunities to support companies that want to take on the world.

"The ABCC’s mission is an outstanding initiative that will put our most tech ambitious firms in front of UK government representatives, regulators, investors, start-ups and potential clients to explore further business opportunities.”