Tuesday, October 1, 2024

Startupbootcamp expands fintech focus in APAC with Tim Poskitt as new program Managing Director

Startupbootcamp Australia (SBC Australia), one of many world’s largest industry-focused accelerators, has appointed Tim Poskitt as its new Managing Director for Fintech within the APAC area.

This strategic appointment bolsters SBC Australia’s dedication to nurturing the following era of digital expertise in finance, with a selected concentrate on sustainability and technological innovation.

Poskitt has over 20 years of world expertise in monetary companies, together with a decade in fintech contained in the APAC area. He’ll run SBC Australia’s Sustainable Fintech Accelerator Program, which helps an annual cohort of 10 early-stage fintech founders to realize fast scale, whereas additionally being aligned to a number of of the UN’s Sustainable Growth Objectives.

Trevor Townsend, CEO of Startupbootcamp Australia, welcomed Tim Poskitt to the group, saying, “Tim has in depth expertise and huge connections within the monetary companies {industry} and is ideally positioned to speed up the expansion of the fintech startups in our program. He has a ardour to assist founders succeed and is devoted to Startupbootcamp Australia’s mission to empower impactful innovation globally that contributes to Internet Zero by 2030.”

Poskitt may also work intently with SBC Australia’s funding group to satisfy the monetary aims of the A$5,000,000 Sustainable Fintech Fund, which helps this system. Over a three-year interval, the fund goals to spend money on 30 world fintech startups which are devoted to addressing some of the urgent problems with our time: driving sustainability by means of finance.

Tim Poskitt shared his enthusiasm for the brand new position, saying, “I’m extraordinarily excited to be becoming a member of the SBC Australia group to spearhead the APAC fintech program and catalyse change for a extra sustainable future. I’m loving working with the present cohort and searching ahead to receiving expressions of curiosity for our subsequent spherical.”

The precise funding themes of curiosity are: Generative AI, Fraud Prevention, Embedded Finance, DeFi & Blockchain, Sustainable Finance, and Monetary Providers within the MetaVerse.

Poskitt was beforehand the regional head of Envestnet | Yodlee’s operations in APAC and has additionally held senior roles at illion.


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