He says Australia has all the basic ingredients, but lacks critical mass and the cultural focus that has built a successful fintech industry in England.

“Unlike parts of the United States, we’re very similar to the United Kingdom in the we have a really big base of high-net-worths in Australia, but tech is foreign to them, and fintech is even more foreign to them,” he says.

Read the full story at startupsmart.com.au

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