First Rung's Co-Founder, Mark Elliott, was the main presenter at an event this week. The presentation being - an example of a new FinTech offering a service designed specifically for millennials, and in the process, changing the banking sector.
This Sydney-based company has developed a disruptive technology platform targeting millennials saving the deposit for their first home. It is a globally scalable mobile first platform to help make investing easy, aiming to deliver higher returns over the long term. The company helps to “Turbo Charge Your Savings” through a supportive network of ‘Sherpas’ (family and friends who contribute funds to help users achieve their savings goal).