The founder of some of Australia’s most successful FinTech startups has called for greater incentives to be made available to venture capital funds and early-stage investors to boost private investment in local startups.
Dom Pym, who is best known for co-founding neobank Up and now invests in startups through Euphemia and Triple Bubble, floated dollar-for-dollar matching as one of the mechanism to 2x the pool of available funding.
Speaking to InnovationAus.com on the sidelines of the Southstart festival in Adelaide last week, the founder turned investor said both federal and state governments should be looking at more ways to crowd-in private investment.
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