Top 10 Fintech Companies in Australia for Payments, Lending, and Wealth Tech

From real-time payments and Buy Now, Pay Later platforms to digital lending and robo-advisory solutions, fintech companies are transforming traditional financial services through cloud, API-driven platforms, and data-led innovation. This article highlights the top fintech companies in Australia and examines how they are driving change across payments, lending, and wealth tech, along with the value they deliver to enterprises and consumers.

Highlights

• Australian fintech companies are reshaping payments, digital lending, and wealth technology at scale
• Leading providers combine cloud platforms, automation, and compliance-ready architectures
• Choosing the right fintech partner is critical for scalability, regulatory compliance, and customer experience

Fintech Landscape in Australia

Australia’s fintech ecosystem is one of the most mature and dynamic in the Asia-Pacific region, supported by strong digital adoption, progressive regulation, and sustained enterprise investment. According to industry research, there are around 801 independent Australian fintech companies actively contributing to innovation across payments, lending, wealth tech, and other financial services segments, illustrating the breadth and depth of the local market.

The fintech market in Australia was valued at approximately USD 4.10 billion in 2024 and is projected to grow significantly in the coming years as digital financial services become increasingly mainstream. This expansion reflects strong adoption among both consumers and businesses, with almost two-thirds of digitally active adults using fintech products and services for everyday financial activities.

Fintech adoption is rising across banking, retail, and financial services as organizations seek faster, more flexible, and customer-centric financial solutions. Regulatory support from bodies such as the Australian Securities and Investments Commission (ASIC) and industry initiatives like Open Banking frameworks have encouraged innovation while maintaining trust and compliance. The Consumer Data Right (CDR), for example, has unlocked an ecosystem of data-driven services that enhance competition and consumer choice.

Key fintech segments in Australia include:

• Payments, including digital wallets, BNPL, and real-time transaction platforms
• Lending technology that enables alternative credit models and automated credit decisions
• Wealth tech platforms that support investment management, robo-advisory, and micro-investing
• Embedded finance and API-driven financial services that integrate deeply with enterprise systems

Australia’s combination of a strong talent pool, advanced digital infrastructure, and supportive regulatory frameworks continues to attract investment and foster innovation. As fintech companies expand their capabilities and scale their offerings, Australia is increasingly positioned not only as a national leader but also as a regional hub for fintech development and deployment in the APAC market.

Key Capabilities of Leading Fintech Companies

Leading fintech companies in Australia typically deliver a balanced combination of advanced technology, regulatory readiness, and enterprise-grade integration capabilities that support both independent innovators and top fintech banks. These capabilities are designed to enable consumer-facing financial products and complex enterprise use cases, allowing organizations to innovate while maintaining stability, security, and compliance in highly regulated environments.

Core capabilities commonly offered by top fintech providers include:

• Digital payments platforms that support real-time transactions, domestic and cross-border payments, and seamless checkout experiences across channels
• Lending technology covering Buy Now, Pay Later models, automated credit scoring, risk assessment, and digital loan origination workflows
• Wealth tech solutions for investment management, robo-advisory services, portfolio optimization, and asset management platforms
• API-first architecture that enables seamless integration with banks, merchants, fintech partners, and enterprise systems, supporting embedded finance use cases
• Security, compliance, and data protection frameworks aligned with Australian financial regulations, including strong identity management, encryption, and audit controls

Together, these capabilities allow fintech companies to deliver innovative financial services while maintaining the reliability, trust, and regulatory compliance required across Australia’s financial services ecosystem.

See more: How Banking Digitalization Is Reshaping Australia’s Financial Services Industry

Top 10 Fintech Companies in Australia

1. SmartOSC

SmartOSC is a global digital transformation partner with deep expertise in delivering fintech solutions across payments, lending platforms, and wealth technology ecosystems. In Australia, SmartOSC works closely with financial institutions, digital banks, and fintech providers to design and build enterprise-grade platforms that prioritize scalability, security, and regulatory compliance.

Rather than offering isolated technology components, SmartOSC supports end-to-end fintech transformation by aligning technology implementation with business strategy and regulatory requirements. Its experience spans digital banking platforms, payment systems, lending infrastructures, and integrated financial ecosystems, enabling organizations to modernize legacy systems and launch innovative financial products with confidence.

Key fintech strengths of SmartOSC include:

• Enterprise fintech platform development for payments, lending, and wealth management use cases
• Cloud-native architecture and modernization, supporting scalability and high availability
• System integration expertise, enabling seamless connectivity across banking, payment, and enterprise systems
• Strong focus on security and compliance, aligned with Australian financial regulations
• End-to-end delivery, from fintech strategy and architecture design to implementation, optimization, and long-term scaling

With a proven track record in fintech and financial services transformation, SmartOSC is a trusted partner for Australian organizations looking to build, scale, and optimize secure and future-ready fintech platforms.

Best for: Enterprises, banks, and fintech companies in Australia seeking a trusted partner to design, build, and scale secure, compliant, and enterprise-ready fintech platforms.

2. Afterpay

Afterpay is one of Australia’s most recognized Buy Now, Pay Later providers, reshaping consumer payments by allowing shoppers to split purchases into interest-free installments. Its platform integrates directly with online and in-store checkout systems, helping merchants increase conversion rates, average order value, and customer engagement.

From a business perspective, Afterpay enables merchants to offer flexible payment options without taking on credit risk, as the platform manages repayments and customer onboarding. Its widespread consumer adoption and strong merchant network have made Afterpay a core component of Australia’s digital payments ecosystem.

Best for: Retailers and digital commerce businesses looking to increase sales through flexible, consumer-friendly payment options.

3. Airwallex

Airwallex is a global payments and financial infrastructure platform that enables businesses to manage cross-border payments, foreign exchange, and multi-currency operations through a unified system. Its technology simplifies international transactions by reducing costs, improving speed, and increasing transparency.

Built with an API-first approach, Airwallex integrates easily with enterprise systems, marketplaces, and financial platforms. This makes it particularly attractive for businesses operating across multiple countries or managing complex international payment flows.

Best for: Enterprises and digital businesses requiring scalable cross-border payments and multi-currency financial infrastructure.

4. Brighte

Brighte provides digital lending and consumer finance solutions designed to make financing more accessible for home improvement and lifestyle purchases. Its platform connects consumers, merchants, and finance providers through streamlined digital lending workflows.

By focusing on simplicity and speed, Brighte enables merchants to offer point-of-sale financing options while providing consumers with flexible payment plans. This approach supports higher conversion rates and improved customer experience.

Best for: Merchants and service providers seeking embedded lending solutions for consumer purchases.

5. Finder

Finder operates as a financial comparison and fintech marketplace platform, allowing consumers to compare and access financial products across categories such as banking, credit cards, insurance, and investments. Its platform helps users make informed financial decisions through transparent comparisons and insights.

From a fintech perspective, Finder also acts as a distribution channel for financial providers, enabling them to reach digitally engaged customers. Its data-driven approach supports both consumer education and product discovery.

Best for: Financial service providers looking to reach and acquire customers through digital comparison platforms.

6. Judo Bank

Judo Bank is a digital bank focused on serving small and medium-sized enterprises across Australia. It specializes in relationship-driven lending, offering tailored financing solutions that address the specific needs of SMEs.

By combining digital banking technology with industry expertise, Judo Bank provides flexible lending options while maintaining a strong focus on customer relationships. This approach differentiates it from traditional banks and supports long-term SME growth.

Best for: Australian SMEs seeking flexible and relationship-focused digital banking and lending solutions.

7. OFX

OFX specializes in international payments and foreign exchange technology, supporting individuals and enterprises with global money transfers. Its platform offers competitive exchange rates, transparent pricing, and streamlined international payment processes.

For enterprises, OFX provides tools and integrations that simplify cross-border financial operations, making it easier to manage global suppliers, customers, and subsidiaries.

Best for: Businesses and individuals managing frequent international payments and foreign exchange transactions.

8. Raiz Invest

Raiz Invest is a wealth tech platform that focuses on micro-investing and automated portfolio management. It enables users to invest small amounts regularly, making wealth creation more accessible to a broader audience.

Through automation and digital onboarding, Raiz Invest lowers barriers to entry for investing while providing diversified portfolio options. Its user-friendly model appeals to digitally savvy consumers looking to build long-term wealth.

Best for: Retail investors seeking simple, automated, and accessible investment solutions.

9. Tyro Payments

Tyro Payments provides merchant payment solutions and banking technology tailored to Australian businesses. Its offerings include payment terminals, transaction processing, and integrated financial services designed to support small and medium-sized merchants.

By combining payments and banking capabilities, Tyro helps businesses streamline operations and improve cash flow management. Its strong local presence supports industry-specific payment needs.

Best for: Australian merchants looking for integrated payment and banking technology.

10. Zip Co

Zip Co is a BNPL and digital payment provider offering flexible payment solutions for consumers and merchants. Its platform enables customers to spread payments over time while allowing merchants to receive payments upfront.

Zip Co’s focus on user experience and merchant integration has made it a key player in Australia’s BNPL ecosystem. Its solutions support both online and in-store transactions.

Best for: Merchants seeking BNPL solutions to improve checkout flexibility and customer purchasing power.

Use Cases Across Payments, Lending, and Wealth Tech

Fintech companies in Australia support a broad range of enterprise and consumer use cases by applying digital technology to modernize financial services. These use cases address growing expectations for speed, convenience, and personalization while enabling organizations to operate more efficiently and scale financial products across multiple channels.

Across payments, fintech platforms are commonly used to:

• Enable digital wallets and real-time payments, improving transaction speed and customer experience
• Support domestic and cross-border transactions, allowing businesses to operate seamlessly across markets
• Integrate payments into digital channels, including eCommerce, mobile apps, and in-store systems

In the area of lending, fintech solutions help organizations:

• Implement alternative credit models, using data-driven insights to assess risk more accurately
• Streamline digital loan origination, reducing manual processes and approval times
• Deliver faster access to credit for consumers and small to medium-sized enterprises

For wealth tech, fintech platforms support:

• Investment management and portfolio optimization, helping users make informed financial decisions
• Robo-advisory services, which automate investment strategies based on user goals and risk profiles
• Micro-investing solutions, lowering barriers to entry and making wealth creation more accessible

In addition, embedded finance and API-driven financial products allow non-financial businesses to integrate payments, lending, and wealth services directly into their digital experiences. This approach enables organizations to offer financial functionality as part of broader customer journeys, a model increasingly adopted across fintech Melbourne and fintech Sydney, supporting new revenue streams and deeper customer engagement.

How to Choose the Right Fintech Company in Australia

Choosing the right fintech company is a strategic decision that directly impacts an organization’s ability to scale, remain compliant, and deliver seamless customer experiences. Enterprises must look beyond individual features and assess whether a fintech partner can support long-term business objectives, evolving regulatory requirements, and growing transaction volumes.

When evaluating fintech companies in Australia, enterprises should consider the following factors:

• Alignment with business goals and customer needs, ensuring the fintech solution supports both current use cases and future product expansion
• Regulatory compliance and security standards, including adherence to Australian financial regulations, data protection requirements, and risk management practices
• Scalability and performance, particularly for organizations operating across multiple channels, regions, or high transaction volumes
• API maturity and integration capabilities, enabling seamless connectivity with existing systems, banks, and third-party platforms
• Industry experience and proven delivery, demonstrated through enterprise case studies, client references, and successful implementations

A thorough evaluation of these factors helps enterprises select a fintech partner that can deliver reliable performance today while supporting innovation and growth over the long term.

See more: Financial Technology Fintech Explained: How Australia’s Banking Sector Is Evolving

FAQs: Fintech Companies in Australia

1. What are fintech companies and how do they operate?

Fintech companies are technology-driven organizations that deliver financial services such as payments, lending, and wealth management through digital platforms. They operate by leveraging cloud infrastructure, APIs, automation, and data analytics to streamline financial processes, reduce costs, and improve accessibility compared to traditional financial service models.

2. Which fintech segments are growing fastest in Australia?

In Australia, some of the fastest-growing fintech segments include digital payments, Buy Now, Pay Later services, digital lending platforms, and wealth tech solutions. These segments are expanding rapidly due to strong consumer adoption, demand for flexible financial products, and continued investment in digital financial infrastructure.

3. How do fintech companies support payments and lending innovation?

Fintech companies support innovation in payments and lending by using cloud-native platforms, API-driven architectures, and automated decision-making models. These technologies enable faster transaction processing, real-time payment experiences, alternative credit assessments, and more flexible lending options that improve both efficiency and customer experience.

4. What should enterprises consider when partnering with a fintech company?

Enterprises should consider whether a fintech partner can meet regulatory and security requirements while supporting scalability and long-term growth. Integration capabilities, API maturity, industry experience, and the ability to deliver reliable performance at scale are also critical factors when evaluating fintech providers.

5. How can SmartOSC support fintech implementation and scaling?

SmartOSC supports fintech implementation and scaling by helping enterprises design, build, and optimize digital financial platforms across payments, lending, and wealth tech. With a strong focus on compliance, security, performance, and enterprise integration, SmartOSC enables organizations to launch and scale fintech solutions that are reliable, compliant, and future-ready.

Conclusion

Fintech companies are redefining Australia’s financial services landscape by modernizing payments, lending, and wealth management through technology-driven innovation. As competition and regulatory complexity increase, selecting the right fintech partner becomes essential for sustainable growth and customer trust.

By partnering with SmartOSC, organizations gain access to enterprise-grade fintech expertise, scalable digital platforms, and end-to-end support for building compliant and future-ready financial solutions. To explore how SmartOSC can support your fintech initiatives, contact us now!