Online lender Spotcap moves into new Stone & Chalk fintech hub

Sydney, August 26, 2015 – Multi-national online lending platform Spotcap announced today that it has moved its Australian office into Sydney’s newest fintech hub Stone & Chalk.

Stone & Chalk, which opened its doors last night in Sydney, is an open source, independent, not-for-profit entity created to help foster and accelerate the development of world class Australian fintech start ups. The 2300 square metre collaborative workspace puts Australia squarely on the international map in the fast-emerging fintech sector.

“Having our Sydney office based out of Stone & Chalk will allow us to interact with some of the most innovative new fintech businesses in Australia as well as get increased access to various corporate partners who can help us to grow our Australian operations. We believe Sydney will also act as a solid base for our Asia Pacific growth ambitions”, said Spotcap Australia’s managing director Lachlan Heussler. Over the past 36 months Spotcap raised 18 million euros in equity and debt funding from a group of investors including Rocket Internet, Access Industries, Holtzbrinck Ventures, and Kreos Capital. Spotcap is headquartered in Berlin, with local offices in Sydney, Madrid, and Amsterdam.