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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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8 minute read
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.
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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".
"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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