Westpac Innovation

Innovation is at the heart of Westpac’s purpose to Help Australians and New Zealanders Succeed.

Our innovation philosophy

Innovation is at the heart of Westpac’s purpose to Help Australians and New Zealanders Succeed. But we can’t innovate alone. We need to partner with the best start-ups to meet our customers’ needs and remain relevant in a changing world. That’s why we strive to be the first bank start-ups choose when partnering.

How we partner to drive innovation

Principal Investments

Westpac invests in new businesses to solve strategic challenges, deliver technology capability, and open new growth opportunities.

Reinventure

Westpac’s $150m venture capital fund committed to early stage ventures.

Strategic Partnerships

Westpac partners with start-ups to create new shared value opportunities across any of our products, services, channels or markets.

Supporting Australian innovation

We invest in initiatives which support the next generation of leaders and innovators because we believe this is an important way to advance Australia over the next century.

Open Banking

Enabling our customers to share their banking information easily and securely.

Take the reins on payments with PayTo

See, review, and authorise payments for things like recurring bills, subscriptions, memberships and shopping and more before money leaves your account with PayTo.

Our latest partners and portfolio investments