Stone & Chalk describes itself as “an independent, not for profit Fintech hub whose overarching objective is to help foster and accelerate the development of world leading Fintech startups”.
Before it has even launched, Sydney’s new Stone & Chalk has had to find alternative larger office premises to cope with the demand of receiving 350 applications from entrepreneurs for 150 places initially on offer.
“Disruption” is the language that everyone is talking on both sides, but according to CEO, Alex Scandurra, this is not just about big, established players protecting their patch by
keeping a closer eye on new developments.
“While we are partnering with large organisations,” Scandurra is reported as saying, “they do not in any way control what we do … or get guaranteed access to the teams. It is about the startups first”.