Australian business financier Octet have announced a strategic partnership between themselves and Western Union Business Solutions.
Octet Europe, part of the global Octet network, announced that GTR Ventures has taken an equity stake in it at the recent GTR UK 2019 event in London.
Octet CEO, Clive Isenberg, has been recognised as one of the Most Intriguing Entrepreneurs of 2019 by Goldman Sachs at its Builders + Innovators Summit.
WEX (NYSE: WEX), a leading financial technology service provider, announced today that it has partnered with Sydney-based supply chain technology provider and financier Octet. Octet is a supply chain management and financing platform that enables Australian small- and medium-sized businesses to manage and pay local and international suppliers. The platform uses enterprise-grade tools to enable its customers to track, validate and authorise each step of the supply chain. This provides Octet’s customers with full visibility of all supporting documentation and the ability to facilitate payments through multiple methods. Through the partnership, Octet’s customers will benefit from WEX’s virtual credit cards to pay their suppliers. The full benefits of using WEX’s payments […]
Digital “Bank Challenger” Fintech, Octet announces additional $100 million Plus facility for supply chain financing Australian fintech, supply chain technology provider and financier, Octet has closed a significant debt market deal with existing partner Westpac and new funder 255 Finance, asset-backed securitisation warehouse facility, north of $100m in size. This kind of funding fire power is a boon to Australian organisations in need of capital to succeed, grow and expand beyond our borders. Yet this announcement goes beyond funding opportunities for SMEs, as Octet aims to provide businesses with an alternative, digital business banking option. “This facility will allow Octet to grow its trade, supply chain and receivables finance book […]
Octet Finance, the Australian company revolutionising the supply chain finance industry for small and medium businesses, has formed an alliance with Mastercard to enable businesses to pay global suppliers safely, securely and quickly. The alliance will enable Mastercard’s members to offer their B2B clients the ability to make cross-border supplier payments using their existing Mastercard debit and credit cards. Octet users will benefit from the integration of Mastercard’s cutting edge payment offerings, such as the Mastercard Payment Gateway Services (MPGS) and the configurable Virtual Card Number (VCN) feature, on the Octet platform. Octet Finance is the supply chain technology platform that enables payments to be made through the secure Mastercard […]