BDO’s fintech clients are all digital to their core, however, a large number of Australian fintech firms are founded or led by experienced financial services professionals, who are passionate about finding new ways to deliver financial services to the benefit of customers.
Their competitive advantage comes from the development of innovative financial products, harnessing new technology and regulation. Many define themselves as technology companies first. Nonetheless, they are breaking into one of the most heavily regulated industries and they must meet the challenges that entail.
It is a brave new world with digital challenger banks, lending platforms, payment service providers, digital wallets, cryptocurrency companies and data aggregators all changing the financial services sector. Technologies such as blockchain, open banking, artificial intelligence (AI) and robots are driving innovation in the sector in new ways and we are motivated to support and play a part in the future of financial services.
How BDO can help
BDO’s Fintech team are all financial services and technology specialists. We are a cohesive team covering audit and assurance, tax, cyber-security, governance, risk management, internal audit, compliance, and regulatory advice. We will guide you through the demanding regulatory environment that typifies the market as well as helping you with any other business challenges you face.
We are experienced and passionate about working with entrepreneurially-spirited and growing businesses that are disrupting their markets. This experience gives us an understanding of the issues that are common for Fintech businesses such as managing rapid growth and developing an international approach from the start.
Our team can help you with:
- Audit and tax support
- End to end business services to drive your back office
- Legal compliance advice
- Preparation with listing and capital raising.