In a statement, FinTech Australia said CEO Rebecca Schot-Guppy – who had been in the role for three years – would move to a new role at Firemark Ventures, a $75 million venture capital fund run by global insurance giant IAG.

The industry body said Ms Schot-Guppy would commence her new role in November.

“Rebecca has done a remarkable job in leading FinTech Australia to new heights. Thanks to her work, FinTech Australia is the strongest it has ever been,” FinTech Australia chair Simone Joyce said.

“In addition to positioning FinTech Australia at the centre of the policy debate in our industry, we’ve also seen a steady increase in members and triple the number of corporate partners during her tenure. We’re well-positioned for future growth.

“I want to thank Rebecca for her tireless efforts in growing the ecosystem and championing it. She will be missed.”

“It’s been an absolute privilege and pleasure to lead FinTech Australia these past few years,” Ms Schot-Guppy said.

“Fintech has grown from being considered a niche part of the startup ecosystem to an industry in its own right. So much work behind the scenes has gone into stewarding that growth and ensuring that the policy and profile supporting it trends in the right direction. I look forward to taking the knowledge and connections I’ve gained into the corporate venture capital world.

“It’s an incredibly exciting time for the industry. The next CEO will be championing what I believe will be a golden era for Australian fintech.” 

FinTech Australia said expressions of interest were open for the role and the association would be conducting a global search for its new CEO.