In 2020, 61 percent of Australia's fintech companies were older than three years, a large increase from the previous year. The share of fintech businesses that were operating for over three years has continued to increase since 2016.
Distribution of fintech companies in Australia from 2016 to 2020, by company age
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Other statistics that may interest you Fintech in Australia
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Australian fintech company profile
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Digital payments
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Buy Now, Pay Later
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Investment & Venture Capital
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- Basic Statistic Leading fintech investment deals APAC 2022, by deal value
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Further related statistics
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- Revenue growth of fintech companies Australia 2019 by growth range
- Share of fintech companies Australia 2016-2019 by company stage
- Share of fintech companies planning to expand overseas Australia 2016-2019
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Statistics
- Revenue growth of fintech companies Australia 2019 by growth range
- Share of fintech companies Australia 2016-2019 by company stage
- Share of fintech companies planning to expand overseas Australia 2016-2019
- Alternative finance market size in Mexico 2020, by business model
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- Age comparison of fundraisers across alternative finance platform in the UK 2014
- Level of funding support by government in ASEAN countries 2018 by country
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- Sumitomo Mitsui Financial Group's return on equity FY 2013-2022
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EY. (October 21, 2020). Distribution of fintech companies in Australia from 2016 to 2020, by company age [Graph]. In Statista. Retrieved March 28, 2024, from https://www.statista.com/statistics/1038849/australia-fintech-business-share-by-company-age/
EY. "Distribution of fintech companies in Australia from 2016 to 2020, by company age." Chart. October 21, 2020. Statista. Accessed March 28, 2024. https://www.statista.com/statistics/1038849/australia-fintech-business-share-by-company-age/
EY. (2020). Distribution of fintech companies in Australia from 2016 to 2020, by company age. Statista. Statista Inc.. Accessed: March 28, 2024. https://www.statista.com/statistics/1038849/australia-fintech-business-share-by-company-age/
EY. "Distribution of Fintech Companies in Australia from 2016 to 2020, by Company Age." Statista, Statista Inc., 21 Oct 2020, https://www.statista.com/statistics/1038849/australia-fintech-business-share-by-company-age/
EY, Distribution of fintech companies in Australia from 2016 to 2020, by company age Statista, https://www.statista.com/statistics/1038849/australia-fintech-business-share-by-company-age/ (last visited March 28, 2024)
Distribution of fintech companies in Australia from 2016 to 2020, by company age [Graph], EY, October 21, 2020. [Online]. Available: https://www.statista.com/statistics/1038849/australia-fintech-business-share-by-company-age/