Startupbootcamp expands fintech focus in APAC with Tim Poskitt as new program Managing Director

Startupbootcamp expands fintech focus in APAC with Tim Poskitt as new program Managing Director

Startupbootcamp Australia (SBC Australia), one of the world’s largest industry-focused accelerators, has appointed Tim Poskitt as its new Managing Director for Fintech in the APAC region.

This strategic appointment bolsters SBC Australia’s commitment to nurturing the next generation of digital talent in finance, with a particular focus on sustainability and technological innovation.

Poskitt has over 20 years of global experience in financial services, including a decade in fintech inside the APAC region. He will run SBC Australia’s Sustainable Fintech Accelerator Program, which supports an annual cohort of 10 early-stage fintech founders to achieve rapid scale, while also being aligned to one or more of the UN’s Sustainable Development Goals.

Trevor Townsend, CEO of Startupbootcamp Australia, welcomed Tim Poskitt to the team, saying, “Tim has extensive experience and wide connections in the financial services industry and is ideally placed to accelerate the growth of the fintech startups in our program. He has a passion to help founders succeed and is dedicated to Startupbootcamp Australia’s mission to empower impactful innovation globally that contributes to Net Zero by 2030.”

Poskitt will also work closely with SBC Australia’s investment team to meet the financial objectives of the A$5,000,000 Sustainable Fintech Fund, which supports the program. Over a three-year period, the fund aims to invest in 30 global fintech startups that are dedicated to addressing one of the most pressing issues of our time: driving sustainability through finance.

Tim Poskitt shared his enthusiasm for the new role, saying, “I’m extremely excited to be joining the SBC Australia team to spearhead the APAC fintech program and catalyse change for a more sustainable future. I’m loving working with the current cohort and looking forward to receiving expressions of interest for our next round.”

The specific investment themes of interest are: Generative AI, Fraud Prevention, Embedded Finance, DeFi & Blockchain, Sustainable Finance, and Financial Services in the MetaVerse.

Poskitt was previously the regional head of Envestnet | Yodlee’s operations in APAC and has also held senior roles at illion.