Australian lending platform Timelio has received investment from new investor, Anthony Thomson; Anthony Thomson is founder of Atom Bank and Metro Bank; the Timelio platform has funded over $100 million in invoices since launching approximately two years ago. Source
MoneyMe is an Australian consumer lending fintech focused on the millennial market; Fortress Investment Group led the facility which also included Evans & Partners; Clayton Howes, CEO and Co-Founder of MoneyMe stated, "A capital investment of this magnitude is recognition of the strength and depth of our value proposition, and an indication of the strong potential for Australian fintechs to capture serious wholesale market funding." Source
The San Francisco based online marketplace for consumer loans has gone public down under in the biggest tech IPO of the year on the Australian Exchange. Source
OnDeck has been one of the leaders in online small business lending for many years. What many people may not...
Volt, a challenger bank in Australia has raised $70 million in a Series C round; they have now raised $100...
The round was led by Five V Capital, who reportedly invested $8.5 million; company plans to boost number of employees from 50 to 80 in the next year; RateSetter Australia has doubled is loan levels since 12 months ago; Daniel Foggo, RateSetter chief executive stated, “In August, we became the largest peer-to-peer lender in Australia — both in terms of the number of lenders, and the number and value of loans funded each month.” Source
Stephen Dash likes to go down the road less traveled. As an Australian investment banker turned entrepreneur he saw a...
Shares closed Friday at $1.32, above the $1.21 offer price; the company raised a total of $67 million and is now valued at $306.6 million; the IPO was Australia’s biggest tech IPO of the year. Source
Revolut has officially launched in Australia which marks the first country they have entered outside of Europe; they are currently...
RateSetter Australia is looking into a potential IPO this year at a valuation around AUS$300m (£157.6m); according to Peer2Peer Finance...