Barry brings new fintech company to Sydney: Priviti can be ‘ten times bigger’ than Fintrax

Gerry Barry, founder of fintech start-up Priviti Picture: Michael Dillon

Priviti, the fintech tycoon Gerry Barry’s new venture, has opened an office in Sydney to ramp up its expansion in the Asia-Pacific region.

The EU introduced massive changes to rules around how customer information and financial transactions are handled and Australia is following suit, introducing major reforms in terms of ‘open banking’ and consumer data legislation.

Barry sold Fintrax, the Connemara-based fintech company he founded, for €170 million, and has previously said that ...