Hall & Wilcox has announced it has entered into partnership with Stone & Chalk, a not-for-profit organisation designed to be an independent supporter of fintech start-ups that are looking to scale and commercialise their offering.
Since its opening two years ago, Stone & Chalk has successfully housed over 350 entrepreneurs working in over 100 start-ups that have collectively raised over $211 million in funding. In addition, the work has created over 500 jobs.
In this move to partner with Stone & Chalk, Hall & Wilcox has joined other corporate partners, including NAB, ANZ, Optus, IAG, Suncorp and Westpac.
Hall & Wilcox COO Sumith Perera said there is a strong alignment between Stone & Chalk and the firm’s Smarter Law strategy.
“Stone & Chalk has really helped drive and become the centre of gravity for fintech in Australia,” Mr Perera said.
“With its leading fintech start-ups, innovation marketplace and corporate innovation programs, Stone & Chalk is the ideal partner for Hall & Wilcox.”
Alex Scandurra, chief executive officer of Stone & Chalk, offered a similar sentiment, saying he welcomed Hall & Wilcox’s enthusiasm and willingness to make a difference.
“We’re always looking to align with those who show genuine commitment to start-ups, and think Hall & Wilcox have the right approach and cultural fit to support the Stone & Chalk community,” he said.
As part of this new partnership, Hall & Wilcox’s first order of business will see it be part of Stone & Chalk’s Insurtech Program 2018 – an acceleration program designed to encourage start-up developed technology for the insurance industry.