In October last year, Sydney Contemporary ā Australiaās largest art fair ā announced their partnership with new tech startup ArtsPay to transform their transaction fees to a meaningful contributions to the arts.
In essence, ArtsPayās goal is to create a sustainable funding source for the arts, through the arts.
The initiative launched with $97,000 in funding from the Australia Councilās Re-imagine program in May 2021, targeted at projects making an impact on sector recovery.