Australian FinTech revenue will grow at a CAGR of 76.3% and exceed A$4 billion by 2020, driven by reduced taxes on investments in startups, steady increase in mobile payments, and rise of tech-savy digital natives. The Australian FinTech Sector generated A$247.2 million in 2015. Sharp growth in the fintech market in 2016 and 2017, followed by steady increases through to 2020, is likely spur growth. Read more: www.prnewswire.com
