From a financial services perspective, Sydney has traditionally been home to Australia’s stock exchanges and regulatory bodies, but Melbourne is an increasingly attractive destination for new players. Melbourne now ranks 10th for banking in the Global Financial Centres Index – three places higher than Sydney – as this momentum builds.
Fast-growing industry disrupters including Afterpay, Airwallex and Marqeta have all recently set up or expanded their presence in Melbourne. Swiss fintech Tradeplus24 advised other startups to do the same after landing here two years ago.
Whether you’re a big bank or a challenger brand, or a fintech or a payments service…The post Melbourne or Sydney? It’s the wrong question for the best financial services appeared first on Interconnections - The Equinix Blog.