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FintechSydney - Sydney at the centre of booming Australian Fintech industry



" Sydney is home to over half of Australia’s Fintech companies and is helping to drive unprecedented growth in the industry, according to a new report by the Committee for Sydney and KPMG.

The report, Scaling the Fintech Opportunity: For Sydney and Australia, finds that the number of Fintech start-ups in Australia has increased from less than 100 in 2014 to 579 companies today, with around 60% of all Fintech companies basing themselves in Sydney. It will be launched at a special event at 7pm this evening by NSW Minister for Trade and Industry, the Hon. Niall Blair." - Read Full Article


Source: AustralianFintech





FINTECHSYDNEY.com is for sale

We saw Australia’s first unicorn (US$1billion valuation) status achieved by Airwallex in March 20191 and fintechs are dominating the ‘buy now pay later’ sector, rather than the incumbents - 2019 EY Fintech Australia Census

Spend on 0.05% of $1 billion valuation = $500,000 (FintechSydney.com)

As Australia’s financial capital – with a $60 billion financial services industry – Sydney dominates both Australia’s fintech and startup scenes, with fresh-faced companies making significant waves at home and abroad. - themartec

Spend on 0.001% of $60 billion revenue = $600,000 (FintechSydney.com)

Fintech platform revenues to reach $638 billion in 2024, as innovative services become the ‘New Normal’ - JuniperResearch

Spend on 0.001% of $638 billion revenue = $6.38 million

Block.One spent $150 million to build its social media platform VOICE, $30 million ( 20% of capital cost) spent on purchasing Voice.com

- TheBlockCrypto

Elon Musk spent $11 million ( 0.1% of Tesla net worth ) to buy Tesla.com

FINTECH WORLDWIDE OUTLOOK

"JPMorgan backs Fintech seeking to disrupt trillion-dollar market... JPMorgan Chase & Co. (JPM.N 0.37%) signed startup Wematch Interest Rates to its in-house Fintech program, which helps new firms build products for use across the banking industry... Wematch Interest Rates is a unit of London Wematch.live Group. The market it’s looking to break into is huge: The market value of OTC interest-rate derivatives was US$7.6 trillion in the second half of 2017, according to the latest Bank for International Settlements data." - bnnbloomberg.ca

"The worldwide mobile payment revenue in 2015 was 450 billion U.S. dollars and is expected to surpass 1 trillion U.S. dollars in 2019."

"The market's largest segment is Digital Payments with a total transaction value of US$3,952,706m in 2019."

"Total Transaction Value is expected to show an annual growth rate (CAGR 2019-2022) of 13.2% resulting in the total amount of US$5,728,699m by 2022." - Statista

Domain Value Based on % Of Startup Funding:

Block.One spent $150 million to build its social media platform VOICE

$30 million ( 20% of capital cost) spent on purchasing Voice.com

Eko.com  was sold $1.5 million in 2019

Media technology startup Eko was founded in 2010 using HelloEko.com

With several rounds of funding to reach a total of $37 million,

Eko.com = 1.5/37 = 4.05% of $37 million = $1.5 million

FintechSydney is ideal for Fintech Startups . Neobank . Marketing . Sharing Economy . CPC . Compliance . Funding . Payments . Growth

Comparable Domain Market Sales $USD :

Eko.com - $1,500,000 - 2019

Btc.com - $1,000,000 - 2014

Eth.com - $2,000,000 - 2017

Crypto.com - $12,000,000 - 2018

Tokens.com - $500,000 - 2019

CryptoBank.com - $125,000 - 2017

CryptoWorld.com - $195,000 - 2019

SportsBettingTips.com - $5,500 - 2019

BettingTips.com - $150,000 - 2020

WinningTips.com - $9,500 - 2017

SeoTips.com - $6,200 - 2017

GratisTips.com - $5,000 - 2017

Fintechnology.com - $5,000 - 2017

Fintech.ai - $12,000 - 2018

Fintech.com - $4,657 - 2010

BitcoinSV.com - $50,000 - 2018

BitcoinWallet.com - $250,000 - 2014

BlockchainWallet.com - $15,750 - 2018

BlockchainTracker.com - $6,800 - 2018

BlockchainTechnology.com - $15,000 - 2015

Blockchain.Ventures - $42,000 - 2018

Blockchain.in - $13,500 - 2018

Chainwork.com - $15,000 - 2018

Finchain.com - $40,000 - 2018

CryptoRate.com - $99,888 - 2017

CryptoBank.com - $125,000 - 2017

CryptoWorld.com - $195,000 - 2018

Satoshi.com - $75,000 - 2014

Source: Namebio

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