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KPMG has announced an alliance with fintech platform Matchi in an attempt to accelerate its global fintech strategy.
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KPMG forges exclusive alliance with fintech platform
08 September 2015
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The partnership will allow global members to work with financial services clients to take advantage of the benefits that fintech innovation has provided the industry, KPMG said.
Matchi.biz, a fintech matchmaking platform, pairs banks and insurance companies with fintech startups and innovations on a global scale.
ANZ Banking Group and Bendigo and Adelaide Bank are some of the Australian organisations that have signed on to the platform.
Ian Pollari, national head of banking for KPMG Australia and global co-lead of KPMG’s fintech practice, praised the partnership's formation.
“Our alliance with Matchi answers key questions for financial institutions on how they find the right fintech, how they can better evaluate its quality, and how they can engage with fintech companies, many of which are small start-ups,” he said.
Mr Pollari noted that KPMG member firms will be able to assist these fintech companies with their own business strategy and development.
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“KPMG professionals will also be able to advise fintech firms on how they can advance their businesses, whether it’s help with M&A or other ways to bring their innovations to market,” he added.
David Milligan, Matchi CEO, also spoke of his excitement regarding the alliance.
“We are delighted to join in this new alliance with KPMG. Our members now have access to KPMG’s extensive network of financial services professionals with on-the-ground experience in 155 counties to not only advise them in the fintech innovation matchmaking process [but] also in deploying new technologies,” he said.
Warren Mead, global co-lead of KPMG’s fintech practice, concluded that “the Matchi alliance will help enable greater speed and value in deploying new fintech solutions to address critical needs and opportunities”.
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