Australia’s godfather of open banking, Scott Farrell, has been added to FinTech Australia’s Corridor of Fame on the annual Finnie Awards.

For the second yr in a row, the awards have been shared broadly, with small enterprise lender Lumi the one firm to obtain a couple of award, taking house Finest Office Range and Rising Chief of the Yr.

Funds agency Zepto was named FinTech Organisation of the Yr, with one other SME lender, Citoplus, taking house Rising FinTech Organisation of the yr.

The awards recognise achievement within the Australian fintech business.

FinTech Australia Basic Supervisor Rehan D’Almeida mentioned the breadth of winners confirmed that the business has hit a brand new stage of maturity the place there’s achievement throughout the board.

“With that in thoughts, we need to congratulate the winners and finalists on what’s a sought-after award. Over a 100 judges sorted by means of 300 excessive calibre entities, from over 250 corporations to search out these winners,” he mentioned.

Paul Weingarth from Slyp was named Excellent FinTech Chief of The Yr. Dr Lili Sussman from Wisr received Feminine FinTech Chief of the Yr and Lumi’s Paul Pagnan received Rising FinTech Chief of the Yr.

King & Wooden Mallesons companion, Scott Farrell was recognised for his position as creator of the landmark Treasury evaluate into the Australian funds system, underneath former Coalition authorities, which pathed the way in which for the introduction of open banking underneath the Shopper Information Proper

D’Almeida paid tribute to Farrell as father to a brand new technology of fintechs.

“Many corporations on this business wouldn’t exist with out Scott’s dedication in the direction of guiding — and at instances championing — the coverage dialogue on the buyer information proper, funds and different fintech-related insurance policies in Australia,” he mentioned.

“Scott devoted himself to reaching steadiness in any coverage dialogue and attaining outcomes that each defend customers and permit companies to thrive.

“This award recognises his enduring mark on the Australian fintech business and his present work taking our experiences international and guiding different nations on methods to arrange comparable coverage frameworks.”

Farrell joins Reinventure’s Simon Cant because the second particular person within the class, alongside Australian fintech unicorns, Airwallex and Afterpay.

FinTech Australia 2023 Finnies Winners

BEST WORKPLACE DIVERSITY: Lumi

EXCELLENCE IN ESTABLISHING GLOBAL MARKET PRESENCE: Information Zoo

EXCELLENCE IN INDUSTRY COLLABORATIONS & PARTNERSHIPS: MYOB & BUTN

EXCELLENCE IN BUSINESS LENDING: Prospa

EXCELLENCE IN CONSUMER LENDING: Athena House Loans

EXCELLENCE IN PAYMENTS (inc. remittance/FX): Smart

EXCELLENCE IN BLOCKCHAIN/DISTRIBUTED LEDGER: Civic Ledger

EXCELLENCE IN CRYPTO AND DIGITAL CURRENCIES/WALLETS/EXCHANGES: Crypto.com

EXCELLENCE IN INSURTECH: Honey Insurance coverage

EXCELLENCE IN REGTECH: Biza

EXCELLENCE IN WEALTH MANAGEMENT (inc. PFM & robo):  Life Sherpa

EXCELLENCE IN OPEN DATA: Frollo

POSITIVE IMPACT AWARD: Brighte

EXCELLENCE IN FINTECH SUPPORT SERVICES: Astero

EMERGING FINTECH LEADER OF THE YEAR: Paul Pagnan, Lumi

FEMALE FINTECH LEADER OF THE YEAR: Dr Lili Sussman, Wisr

OUTSTANDING FINTECH LEADER OF THE YEAR: Paul Weingarth, Slyp

EMERGING FINTECH ORGANISATION OF THE YEAR – Folks’s Selection Award: Whats up Intelligent

EMERGING FINTECH ORGANISATION OF THE YEAR: Citoplus

FINTECH ORGANISATION OF THE YEAR – Folks’s Selection Award: Hnry

FINTECH ORGANISATION OF THE YEAR: Zepto

HALL OF FAME: Scott Farrell