Australian AI Fintech Lorikeet Expands to Europe with New London Office

Lorikeet, an Australian fintech specialising in AI-driven financial automation for businesses, has officially opened its first European office in London as part of a strategic push into key global markets. The move reflects growing demand among European businesses for intelligent automation tools that streamline accounting, reconciliation, compliance and data workflows — particularly in the fast-moving world of embedded finance, payments and digital banking.

Founded in 2021, Lorikeet has built a reputation for combining machine learning, smart data processing and accounts automation to help finance teams reduce manual work and improve operational efficiency at scale. With London now serving as its European hub, the company aims to deepen relationships with banks, fintechs, accounting software providers and enterprise platforms while tapping into the UK’s vibrant tech ecosystem and regulatory clarity around AI adoption.

Lorikeet’s expansion comes amid broader momentum in AI adoption across financial services, where CFOs and finance leaders increasingly seek automation that can handle complex reconciliations, payments orchestration, risk controls and real-time reporting — all while integrating seamlessly with existing ERP, CRM and banking systems.

Key Highlights

• London office opened: Lorikeet establishes a European presence with a new HQ in London.
• AI-first platform: The company provides automation for reconciliation, payments, accounting and compliance.
• Market focus: Broadening reach into UK and EU fintech, banking and enterprise sectors.
• Customer demand: Rising interest among finance teams for AI-driven automation solutions.
• Strategic partnerships: Plans to work with banks, fintechs, accounting platforms and payment providers.
• Talent and innovation: London base to support hiring, R&D and collaborations across Europe.

Why This Matters

1. Growing Demand for AI in Finance Operations

Across Europe and the UK, companies face rising pressure to modernise finance teams’ workflows — from account reconciliation and compliance to payments operations and financial reporting. Traditional manual processes remain costly and error-prone, creating both operational risk and bottlenecks. Lorikeet’s AI-driven automation tools help organisations reduce time spent on repetitive tasks while increasing accuracy and insight — a value proposition that resonates strongly in competitive markets.

2. London as a Strategic Tech and Finance Hub

Establishing a presence in London gives Lorikeet access to one of the world’s most sophisticated financial ecosystems, with proximity to banks, regulators, fintech accelerators and innovation networks. The UK’s regulatory clarity, strong talent pool and entrepreneurial culture make it a natural gateway for expansion into the broader European Union market — especially as businesses across the continent adopt AI and cloud technologies more aggressively.

3. Enhanced Integration with Local Platforms and Partners

Lorikeet’s technology is designed to integrate with a wide range of systems — including ERP platforms, accounting software, banking APIs and payment settlement networks. By being physically closer to European partners and clients, the company can accelerate joint innovations, adapt products to region-specific requirements and deliver stronger local customer support.

What Lorikeet Offers

Lorikeet’s platform focuses on AI-powered automation for mid-to-large enterprises and financial services firms, helping them:

• Automate account reconciliation and match transactions with higher accuracy
• Classify and tag financial data using machine learning
• Streamline payments and settlement workflows
• Reduce manual intervention in routine finance tasks
• Enhance compliance and audit readiness with traceable automation flows

The company’s tools plug into existing infrastructure via APIs and connectors, meaning organisations can adopt automation without major system overhauls.

Market and Competitive Context

AI adoption is accelerating in finance departments worldwide, driven by the need to cut costs, improve accuracy and support strategic insights. Lorikeet competes with a range of automation providers, bots, and AI-enhanced finance platforms — but differentiates itself through its domain-specific models, scalable automation layer and deep integration capabilities.

Establishing a European office also positions Lorikeet more directly against other global AI fintech challengers and regional leaders, allowing it to tailor offerings to local regulations (such as GDPR and PSD2), payment technologies (like ISO 20022), and diverse banking needs.

Executive Commentary

In announcing the London office opening, Lorikeet’s CEO said the expansion is designed to “bring our intelligent automation platform closer to the customers and partners who need it most” and emphasised the company’s commitment to “innovation, customer success and collaboration across Europe’s dynamic finance and fintech landscape.”

Local leadership in London will engage with key financial institutions, enterprise clients and strategic partners to expand the adoption of AI-driven finance automation and unlock new product enhancements aligned with European market demands.

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