Home-grown data-based fintech start-ups DSYNC and UniLibre have formed a strategic alliance after being chosen for KPMG’s mLabs accelerator.

Two of Sydney’s hottest fintechs that are currently working with KPMG as part of its mLabs incubator program have formed a data partnership, which will see the start-up’s working in conjunction together at the end of the program.

DSYNC and UniLibre are in talks with various financial institutions across the country and overseas, aiming to leverage their integrated solutions. While DSYNC connects different applications with various formats, UniLibre leverages data to assist companies in its usage.

Both start-ups are in the middle of mLabs, designed by KPMG to connect credit unions and banks with the country’s most promising start-ups.

mLAbs kicked off on July 12th and will span 12 weeks before wrapping up in mid-October.