Verrency is pleased to announce that it has been accepted into fintech accelerator Stone & Chalk in Sydney, Australia. As one of the top fintech innovation hubs globally, Stone & Chalk has created a formidable fintech community with 24 Australian and International corporate partners, over 90 start-ups – of which 13 of them are scaling globally – 325 residents and 32 graduating alumni.
Verrency Group Chairman and CEO David Link said: “We are pleased to come on board as a resident member of Stone & Chalk. To be recognised for our high-growth potential by one of the foremost fintech communities in Australia and globally within the first year of our operations is a positive indication of things to come for us. As we expect to soon be opening our platform to be able to connect payment-related fintechs to banks, joining Stone & Chalk was a logical choice for us.”
Stone & Chalk has a rigorous selection process for the start-ups it chooses to collaborate with, which ensures a particular standard among the community. The majority of start-ups are at their Pre-seed to Series A level of funding and have products that are scaling nationally or internationally. They encompass a wide range of different disruptive and innovative fintech categories and including new market platforms, insurance and cyber security.