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KPMG: More than 7% of fintech companies in Australia will fail, with blockchain and crypto accounting for 14%.
KPMG's study of the Australian fintech landscape found that more than 7% of Australia-based fintech companies will fail in 2024, with the blockchain and cryptocurrency markets hardest hit. KPMG's "Australian Fintech Landscape 2024" report states that the total number of independent fintech companies in Australia has been declining for two years, having decreased from 800 companies in 2022 to 767 active companies across all business verticals as of 9 December. 60 of those closing in 2024...
2024-12-09 09:55:09
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