3 exciting FinTech startups

Fintech companies are reshaping and disrupting the financial services sector with better products, services, and business models. Some products that haven’t changed in decades are now being completely reimagined. For example, let’s say you need a mortgage. Rather than shopping around for the best deal, what if you could advertise you were in the market, and let providers bid against each other to offer you the best deal? This is exactly what ‘Loan Dolphin’ is doing. With over $100 million in mortgages already arranged through its reverse auction platform, it has demonstrated that the model works. The Australian loan market is worth around $70 billion per year, so there is a sizeable market opportunity to leverage. In this video, Toby Heap, Co-founder of venture capital firm, H2Ocean expands on this business, and outlines two other emerging fintech success stories: