I caught up with Glenn Hodgeman, the brains behind the upcoming AltFi Australasia Summit 2018 to be held in Sydney on the 16th April at Doltone House Jones Bay Wharf.
This is the third annual event and is designed to bring various industry players, private equity, venture capital, innovators and regulators together to share insights at the inflection point of the fintech revolution as it moves “from marginal into the mainstream”.
The revolution underway is partly being driven by new innovative players and platform providers who can move quickly, without legacy, whilst larger more established players wrestle with legacy systems and culture, yet some are now beginning to see the potential. The potential opportunity is significant, not just paving the cowpaths, but to create totally new business models and new customer value propositions.
Glenn believes the large incumbents will increasing be focussing on “big corporate” borrowers, which creates space for small fleet of foot players to address in particular lending in the consumer and small business sectors. Of course there are also a myriad of cashed up investors seeking to get footholds into the opportunity stack
AltFi have strong connections with London, and they believe Australia is currently perhaps 4-5 years behind the leading edge there. This creates opportunity to learn from events overseas, as well as from New Zealand, Israel and local success stories.
Glenn was keen to underscore the fact that the conference is not a “scatter gun” of concepts, from the alphabet soup which is Fintech, but rather he wants to drill into a small number of high potential critical areas, from lending, payments and robo advice.
Topics scheduled include global case studies in alternative finance, the thought leaders in the Australian Banking and Finance Industry, Digital Mortgage lending, Microfinance, alternative SME lending and point of sale credit.
This is rich menu, and the event is likely to be well frequented.
You can get 20% off the conference price by using this link, and the promotional code DigitalFinanceAnalytics.
I get nothing from this, but it does offer some additional benefit to DFA Blog readers! I may see you there.
