1. Firm Identify: Syndex
2. Web site: www.syndex.com.au
3. Key Employees & Titles: Mike Jenkins (CFO/Founder), Ross Verry (CEO) and Kate Hage (AU Supervisor).
4. Location(s): Sydney & Brisbane, Australia and New Zealand
5. In a single sentence, what does your fintech do?:
Syndex is a web based platform for the non-public capital markets, enabling investing, divesting and capital elevating in fractionally owned funding schemes.
6. How / why did you begin your fintech firm?:
In 2014 three sensible minds got here collectively to resolve illiquidity particular points within the non-public market sector. Since then we’ve morphed right into a full-service SaaS enterprise powered by a workforce with mixed strengths in capital markets and software program growth. Our broader imaginative and prescient is to resolve points limiting non-public markets from their true potential and to eradicate the frustrations and dangers that face its traders.
7. What’s the neatest thing your organization has achieved or learnt alongside the best way (this will embody awards, capital elevating and so on)?:
We’re proud to supply a personal markets ecosystem – a complete, unmatched, digital funding administration resolution. Particularly, the design of our liquidity choices are distinctive and versatile. We provide real-time buying and selling alternatives that ship ongoing market information in a fraction of a second. Seeing our merchandise remedy issues and create progress for corporations massive and small is an actual win for us.
8. What’s some recommendation you’d give to an aspiring start-up?:
Reply to your market’s financial cycles. Hone in in your resolution and construct your providing round it.
9. What’s subsequent to your firm? And are you seeking to develop abroad or keep targeted on Australia?:
We’re absolutely targeted on the Australian market following our success in NZ. We’ve simply launched a ‘pop-up’ periodic buying and selling platform which is straightforward and fast to arrange. Liquidity is commonly a barrier to the non-public markets and we’re sturdy advocates for altering up the established order and guaranteeing all stakeholders profit from providing liquidity in addition to honest and clear valuations.