Tackling the challenge of moving money across the world head on, UK fintech Wise created an instant and transparent money-transfer service. Wise saw Australia as a great place for fintechs to invest, knowing that the regulatory system is adaptive and familiar and Australian consumers are open to fintech innovation. Wise shares the advantages of setting up operations in Australia and the benefits the company provides to Australian businesses. |
About Austrade
The Australian Trade and Investment Commission (Austrade) is the Australian Government’s international trade promotion and investment attraction agency.
We deliver quality trade and investment services to businesses to grow Australia’s prosperity. We do this by:
- helping Australian businesses connect to, and capitalise on, opportunities in global markets
- attracting international investment to help Australia reach its economic potential
- helping market-ready startups and scaleups innovate and go global.
“Australia has a familiar regulatory regime and high quality fintech talent. This makes Australia an attractive market for Revolut’s expansion outside of Europe.” Matt Baxby, Chief Executive Officer of Revolut Australia