Encompass selected for Austrade trade mission

Encompass Corporation, a trailblazing provider of dynamic automation for the Know Your Customer (KYC) process, has been chosen to participate in a significant international trade mission led by Austrade. This mission is dedicated to showcasing the burgeoning FinTech enterprises and forging stronger global connections.

Austrade, the esteemed Australian Government entity responsible for international trade and investment, has joined forces with Investment NSW, Invest Victoria, and Global Victoria. Together, they aim to foster collaboration and shed light on the rapid worldwide growth of the FinTech industry by connecting Australian-born FinTechs with businesses across the United Kingdom and Europe.

The immersive 10-day FinTech Program for 2023 entails informative sessions with the Department for Business and Trade (DBT), UK regulators, prominent banks, and representatives from the esteemed London Stock Exchange. Notably, Encompass and other industry leaders will also participate in key events, including the highly anticipated Money 20/20, scheduled to take place in Amsterdam from June 6th to 8th, as part of Austrade's delegation.

Encompass's selection for this opportunity is further reinforced by their recent involvement as a founding member of the Data & Technology for Compliance Alliance (DT4C).

Expressing enthusiasm for international collaboration, Wayne Johnson, CEO and Co-Founder of Encompass Corporation, stated

"Programs like these play a vital role in fueling innovation and sustaining the remarkable growth witnessed not only in FinTech but also across the technology sector as a whole."

"As an Australian-born enterprise that has rapidly expanded its global presence over the past decade, we comprehend the power of collaboration. It unlocks new avenues of growth for organisations focused on developing and adopting novel technologies and expanding partnerships."

Anastasia Nishnianidze, Austrade's Trade and Investment Commissioner to the UK and Ireland, expressed excitement about hosting a delegation of prominent Australian FinTechs in the United Kingdom and the Netherlands in the upcoming month.

"Australia currently holds the 6th position worldwide in FinTech, boasting one of the most dynamic and innovative FinTech ecosystems globally. Our FinTechs offer world-class solutions to global markets," Nishnianidze noted.

"Austrade's FinTech Program will provide invaluable opportunities for our Australian FinTech innovators to engage with major European players in the industry, ranging from banks and regulators to investors. We eagerly anticipate facilitating productive collaborations for our innovative Australian FinTechs within the European market."

Photo by Brett Stone: https://www.pexels.com/photo/people-gathering-outside-sydney-opera-house-2845013/