Farewell Skippr. Hello Earlypay!
Renaming Skippr to Earlypay brings the strengths of CML Group and Skippr together to help more Australian businesses flourish!
CML Group makes strategic acquisition of Skippr to enhance tech capability
ASX-listed CML Group advise it has entered into a binding agreement to purchase 100% of the shares in Skippr Invoice Finance
Fintech Skippr scores $16m funding from fintech heavy hitters
Small business financing start-up Skippr has shrugged off concerns that the indefinitely delayed IPO of its venture-backed peer Prospa could put off investors in the sector, by attracting some of the local fintech scene’s biggest hitters to a $16 million debt and equity financing round. Pepper group co-founder and former chief executive Patrick Tuttle and SocietyOne and Douugh co-founder Andy Taylor have both invested in the round, which is comprised of $1 million in equity from high net worth investors, and $15 million in debt. Skippr was founded two-and-a-half years ago by former NAB senior corporate agribusiness senior associate and MarketInvoice team lead Alistair Lamond alongside former fund manager Patrick […]
New finance platform Skippr to boost innovation and growth with fresh perspective on cash flow management
New finance platform, Skippr, signifies a new direction for the fintech space. Helping businesses understand cash flow better and providing them with simple and accessible tools to optimise that flow, the new start-up connects both invoice finance and cash flow forecasting through one platform. Pat Crivelli, Founder of Skippr said, “SMEs are the backbone of our economy, but nearly half will fail as a result of poor cash flow. Empowering SMEs to take control of their finances means more competition, innovation, productivity and growth for Australian businesses. “Skippr’s platform helps SMEs not just access finance, but understand how to better manage it. Our technology provides more transparency and, […]
SME lender acquires invoice finance platform
Skippr’s online invoice finance platform will combined into CML Group’s current Cashflow Finance and Classic Funding Group offerings.
Thank You & Merry Christmas!
From the team at Australian FinTech, we’d like to say a massive THANK YOU to everyone who has supported us over the past 12 months.
The finalists of the 2019 Fintech Business Awards have been announced
The finalists of the 2019 Fintech Business Awards have been announced. Congratulations and good luck to all the finalists – both individuals and companies.
Fintech business lenders to self-regulate
A lack of transparency around fintech borrowing costs for small businesses has prompted the industry committing to adopt a code of conduct and standardised interest rate and fee disclosures. The fintech sector hopes moves to self-regulate will help start-ups win trust and avoid concerns that helped prompt the royal commission into the banks. The Australian Small Business and Family Enterprise Ombudsman, FinTech Australia and the Bank Doctor, an SME advocate, will drive start-ups to improve disclosures that will allow small business customers to compare total costs, understand obligations and penalties if payments are missed, and ensure disputes are dealt with quickly and fairly. The moves come after a survey of […]
