Two weeks after the Government announced the formation of its FinTech Advisory Group, new industry association FinTech Australia has elected a founding committee. The group issued a list of priorities yesterday, with "a more regulatory-friendly environment" at the top.The president of the new body is Simon Cant, managing director of venture capital investor Reinventure, and the vice president is Charlotte Petris, chief executive of peer-to-peer invoice finance company Timelio.Committee members are David Ball, the Australian country manager of Yodlee; Nick Motteram, the managing director of OnMarket BookBuilds; Alex Scandurra, chief executive of Stone & Chalk; Stuart Stoyan, chief executive of MoneyPlace; and Jack Quigley, chief executive of CrowdFundUp.The association said in a media release that it had 50 members. It said it would work with the Treasurer's advisory group "to create a more regulatory-friendly environment for start-ups."Its priorities include improving access to government contracts for fintech companies, improving the workability of crowdfundng proposals, and creating "a regulatory sandbox to enable start-ups to innovate on new models without the expense of full licensing."