CUA, which provides banking and health insurance to 435,000 Australians, has entered into a corporate partnership with Stone & Chalk.
Sue Coulter, general manager of business transformation and technology at CUA, said Stone & Chalk has the potential to “dramatically alter” the financial services landscape in Australia.
“Since opening its doors only eight months ago, Stone & Chalk has quickly cemented its place as an important centre for innovation and ideas, and has attracted 65 start-ups to take up residency,” Ms Coulter said.
“CUA will bring a unique perspective to the residents of Stone & Chalk, including being the only partner which has its own health insurance fund.
“We’re excited about the prospect of tapping into external expertise in the digital space and being at the forefront of technological changes that will ultimately lead to better services for our members,” Ms Coulter said.
Stone & Chalk chief executive Alex Scandurra said the partnership with CUA would open up more opportunities for Australia fintech start-ups across the country.
“Brisbane has a very strong and nationally significant financial services industry and I am confident that together we can open up more opportunities for Australian fintech start-ups across the country to co-create the future of financial services,” Mr Scandurra said.