More than 10,000 bankers worldwide use Silicon Valley innovator Nomis’ cutting-edge approach to big data, personalised customer solutions and market analysis.

Now Nomis has announced Melbourne will be the location of their Asia-Pacific HQ. Of the  decision, Damian Young, MD of APAC, Nomis Solutions says, “Nomis Solutions is excited at the opportunity to expand its business within the region’s fast moving financial services sector.”

“We’re delighted to establish our head office in Victoria, and using it as a base to expand our team locally to support our clients in Australia, New Zealand, and the wider APAC region.”

Financial services is the largest sector of the Victorian economy, employing more than 115,000 people and contributing $40 billion per year.

The global fintech sector encompasses a wide range of capabilities such as payments, blockchain technology and data analytics, and is a growing force within Australia’s $147 billion financial and insurance service industry.

Victoria is already home to a growing number of fintech companies including Stripe, Square, Airwallex, Mimecast, Assembly Payments and Moula.