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Stone & Chalk, the new Sydney fintech hub set to "co-create the future of financial services", has named its inaugural chief executive.
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Sydney fintech hub names CEO
14 April 2015
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Alex Scandurra has left his position in the UK to head Stone & Chalk, a collaborative not-for-profit centre for start-ups, financial institutions and technology companies.
Mr Scandurra was most recently Barclays Bank's head of strategic partnerships, and also headed the 'Barclays Accelerator' program.
He specialises in "innovation and entrepreneurial transformation", according to a statement.
"I’m looking forward to helping our local fintech entrepreneurs to build and grow their new ventures, as well as Stone & Chalk, a start-up itself," Mr Scandurra said.
"We are going to collaborate together to amplify our impact in disrupting the status quo and co-creating the future of financial services. Our mission is to help foster the fintech start-up community, to help teams of entrepreneurs accelerate growth and ultimately to help Aussie fintech start-ups go global," he added.
Stone & Chalk chair Craig Dunn described Mr Scandurra as a "leading driver of change in this field".
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"Alex is an ideal candidate for the job, given his unique leadership role in helping UK fintech start-ups and bringing about the Barclays fintech initiative with Techstars in London," Mr Dunn said.
"London provides an excellent role model for Sydney to emulate – and Alex brings an invaluable understanding of this market, including a network of strong global relationships to help Australian fintech entrepreneurs," he said.
Stone & Chalk will provide a platform of "unprecedented access and opportunity" both to high-potential entrepreneurs and their businesses as well as early-stage investors and organisations, Mr Scandurra said.
"As an Australian, it is a fantastic time to return home and help drive the success and momentum of our fintech community," he said.
Stone & Chalk provides a location for collaboration to occur between start-ups, financial institutions, technology companies, leading academics and universities, government and regulators.
The fintech hub has attracted the support of a wide range of players across the financial services sector including KPMG, Westpac and the Macquarie Group.
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