Optus Business is the founding communications partner for new fintech startup hub Stone & Chalk, a Sydney-based, not-for-profit Innovation Centre that houses 41 fintech start-ups.
The telco will supply ICT services to a 2300 square metre collaborative facility in Bridge Street, Sydney delivering Internet, managed security and managed Wi-Fi technology and services.
Optus Business managing director, John Paitaridis, said he was delighted to partner with Stone & Chalk to encourage innovation and entrepreneurship in the Australian fintech sector and support local start-ups.
“Innovation and responding to change is a critical challenge for all Australian businesses to ensure they adapt to changing customer needs and market forces. This is particularly true for emerging fintech companies,” he said.
Stone & Chalk chief executive, Alex Scandurra, said, “working with some of Australia’s largest financial services and technology companies means Optus understands our market, the broader financial ecosystem and its demand for constant innovation.”
“We are looking forward to working with the team on our technology and services requirements and supporting our promising start-ups, by either supplying best in breed ICT services, or through access to key Optus specialists, technology leaders, partners and mentors.”
Stone & Chalk houses start-ups from superannuation to predictive data analytics, distributed ledger, wearables, peer-to-peer lending and equity crowdfunding.