Head of listings and issuer services at the ASX, Eddie Grieve, says the organisation believes fintech will play a significant role as ASX listings of technology stocks continue to proliferate.
“Tech listings have accelerated rapidly since 2013, with the number of tech listings in 2016 (at 52, including RTOs) being the highest number since the dotcom boom of 1999-2000,” Mr Grieve told Fintech Business.
“Within the tech sub-sectors, fintech has been a standout, representing five of the top ten tech IPOs in 2016. ASX shares the view that Australia, with a sophisticated and highly developed financial services sector, a history of innovation, and a rapidly growing and supportive capital market for tech, has a comparative advantage for developing global fintech businesses.”
Jim Hall, head of events and professional development at Momentum Media, publisher of Fintech Business, said the ASX’s commitment to the fintech sector is now evident.
“We are very pleased to announce the ASX as our principal partner for the Fintech Business Awards,” Mr Hall said. “I am sure that the fintech entrepreneur community joins us in welcoming the support from such a respected Australian institution.”
The Fintech Business Awards will be held at the Ivy Ballroom in Sydney on 24 February. For more information, visit https://www.fintechbusiness.com/fintech-business-awards.