Australian Fintech Industry Shrunk in 2024, Blockchain Firms Face Largest Impact — KPMG
Australian fintech industry experienced a notable contraction in 2024, with more than 7% of fintech companies shutting down, according to KPMG’s Australia Fintech Landscape 2024 report. Blockchain and cryptocurrency firms bore the brunt of the decline. KPMG reported that the number of independent fintech firms in Australia has steadily declined ...