Australian fintech startups DSYNC and UniLibre enter strategic alliance

KPMG Australia last month launched mLabs – a market-first corporate fintech accelerator that aims to promote and accelerate innovation by identifying and developing commercial solutions to business challenges in collaboration with fintech startups.

Cloud integration platform DSYNC met UniLibre, a data solution provider, through the program and the companies have now formed a strategic alliance. Simon Church, DSYNC’s co-founder, said that he is collaborating with UniLibre on multiple projects, Business Insider Australia reported.

DSYNC enables companies to integrate both cloud and on premise applications with an advanced data transformation and mapping engine. Its platform has been designed to be easy to use, scalable and affordable, and is built for cross-border integration with smart rules for managing systems across multiple locations. On the other hand, UniLibre seeks to help companies make best use of their business data.

Unilibre uses DSYNC to safely transform and transport the data, while DSYNC needs UniLibre to translate legacy banking data. The startups are holding talks with several financial institutions in Australia and the US to leverage their bundled integration solution.