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Australian fintech start-up Moneycatcha has been selected to join fintech hub Stone & Chalk’s Sydney office following a rigorous vetting process.
The move cements the company’s footing on Australia’s East and West coasts and signals confidence in its unique blockchain end-to-end loan origination solution.
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Stone & Chalk is the largest fintech hub in Asia, supporting successfully selected companies to connect with industry heavyweights and accelerating the development of world-leading start-ups.
Moneycatcha founder and CEO Ruth Hatherley said that the move will allow the company to more efficiently collaborate with financial institutions.
“Our growth and increasing traction are signs that financial institutions are accelerating their understanding of the fundamental improvements in speed, efficiency and security that we and our unique blockchain technology enable,” Ms Hatherley said. “We have undertaken a successful pilot with a global bank and have also had interest from other large banks.
“To be selected by Stone & Chalk reinforces [that] we are moving in the right direction with our world-first, secure end-to-end loan origination product, and it is a great honour to be given this opportunity.”
Moneycatcha’s newly appointed head of strategic implementation, Jay Rowland, will be based in the new Sydney office. He brings nine years’ experience in the finance industry across business and retail banking, with strong expertise in business and retail lending product and process.
