The undergraduate student, Vishal Uppal, will receive $10,000 towards the cost of his Finance聽and Computer Science degree.
Spotcap specialises in tailored finance solutions for small to medium sized enterprises through a unique proprietary lending platform and credit algorithm able to assess the real-time performance of SMEs.According to KPMG, the number of fintechs operating in Australia increased by almost 500 per cent in the last three years.
鈥淲e need to ensure that fintech has a healthy talent pipeline here in Australia,鈥 said Lachlan Heussler, Managing Director of Spotcap Australia and New Zealand.
鈥淰ishal鈥檚 dedication to his studies and passion for the intersection of technology and finance, make him the perfect recipient of this scholarship,鈥 said Mr Heussler. 鈥淗e embodies the confidence, skills and talent that the industry needs to grow, we are proud to support him.鈥
鈥淚 believe the most important challenge fintech will face is a social one,鈥 said Vishal Uppal, winner of the 2017 Spotcap Fintech Fellowship. 鈥淢y aim is to build solutions that address these issues by embracing design philosophy with the next wave of advancements in cognitive technology.鈥
Applications for the next聽聽opportunity will open in late 2018.