Art Money CEO, Paul Becker with artworks (L-R) by Yukultji Napangati ‘Untitled’ 2020, Yinarupa Nangala ‘Untitled’ 2013 and Mantua Nangala ‘Untitled’, 2021 from Utopia Art Sydney. Photo: Sahlan Hayes, courtesy of Art Money.
Last week (16 February), Art Money announced that Christie’s auction house has made an equity investment in the Australian-owned platform, via its new enterprise, Christie’s Ventures.
Christie’s Ventures, which kicked off in July last year, is a venture capital arm of the global auction giant. Art Money is among its first fintech investments. Clearly, a coup for the Australian art business – which allows collectors to pay for artworks via interest-free instalments, while living with them – it is also a global signal of market confidence.
Gina Fairley is ArtsHub's Senior Contributor, after 12 years in the role as National Visual Arts Editor. She has worked for extended periods in America and Southeast Asia, as gallerist, arts administrator and regional contributing editor for a number of magazines, including Hong Kong based Asian Art News and World Sculpture News. She is an Art Tour leader for the AGNSW Members, and lectures regularly on the state of the arts. She is based in Mittagong, regional NSW.
Instagram: fairleygina
