The Perth FinTech sector has seen rapid growth recently, thanks to property crowdfunding platform CrowdfundUP, and FinTech and global equities fund manager AtlasTrend.

Both companies have achieved commendable fundraising to grow their respective platforms.

Jack Quigley, FinTech Australia director and CrowdfundUP founder, announced the closure of a $2.1 million capital raise, with the purpose to build its team, enhance the technology of the platform and grow its market presence locally and internationally with initial focus on China and Japan.

The Financial Review said, “the funding comes as the property sector faces disruption from increasing numbers of new entrants with disruptive business models such as Purplebricks Australia, PropertyNow and BRICKX.”

Jack is a Tech Hub community member, and his company’s recent achievements have helped draw attention to WA, and push Perth towards being a highly influential market.

Another community member aiding in noteworthy FinTech elevation is Kent Kwan, co-founder of Atlas Trend.

“Australian based fintech and global equities fund manager, AtlasTrend, is pleased to advise that it has completed a capital raising of $2.8m to grow its online investment platform and progress its continued disruption of the trillion dollar traditional funds management sector.”

Kent, along with his other co-founders, said that they see an opportunity to change the way the finance industry operates. They aim to ‘provide exposure to some of the most thriving global commercial trends’, which will again debunk the myth that Perth being geographically isolated is a restriction to global influence.

As Tech Hub is focusing on FinTech and data businesses, the involvement of these entrepreneurs with the Tech Hub community is accumulating a great buzz. Both Atlas Trend and CrowdfundUP are revolutionising FinTech from Perth, and we look forward to an exponential future of growth.