Australian FinTech company profile #25 – Radium Capital

Australian FinTech company profile #25 – Radium Capital

  1. Company Name:

Radium Capital

  1. Website:

www.RadiumCapital.com.au

  1. Key Staff & Titles:
  • David Weir – CEO
  • David Brennan – Founder
  • Jeremy Loftus – CFO
  • Andrew Cloud – CTO
  • Barbara McGirr – COO
  1. https://radiumcapital.com.au/meet-the-team-2/
  2. https://radiumcapital.com.au/board-of-directors-2/
  1. Location(s):

Our office is based in Perth however, we service clients across Australia. We are currently in the process of establishing a Melbourne office and have a director located in Sydney.

https://radiumcapital.com.au/contact/

  1. In one sentence, what does your fintech do?:

Radium Capital enables companies to receive the R&D tax refund on a quarterly basis rather than wait for their annual refund from the ATO.

https://radiumcapital.com.au/radium-advances/

  1. How / why did you start your fintech company?:

Radium is a simple idea conceived by a team of Australian fintech entrepreneurs and brought to life in 2016. Identifying the difficulty in balancing cashflow whilst running a successful R&D program, Radium developed a platform which turns a traditionally complex financial product into one which is now readily accessible and needed by Australian companies when undertaking R&D programs.

https://radiumcapital.com.au/our-story/

  1. What the best thing your company has achieved or learnt along the way (this can include awards, capital raising etc)?:

We have supported over $200m worth of Australian R&D projects

https://radiumcapital.com.au/

  1. What’s some advice you’d give to an aspiring start-up?:

Explore all of your options before launching at the first opportunity.

  1. What’s next for your company? And are you looking to expand overseas or stay focussed on Australia?:

We are focused on growing the company domestically to become the premier provider of R&D advances here in Australia. Currently we are focused on growing our client base particularly in Sydney and Melbourne

  1. What other fintechs or companies do you admire?:

Afterpay

Revolut Bank

  1. What’s the most interesting or funniest moment that’s happened in your company’s lifetime?:

The most interesting moment was when we completed a sell down to a US based Brevet Capital increased their ownership in Radium up to 50%. The multi-million-dollar deal ensures Radium Capital has the financial backing to step-up its offering of quarterly advances to companies on their expected tax refund resulting from eligible research and development expenditure.

https://radiumcapital.com.au/media/new-york-fund-brevet-doubles-down-on-support-for-radium/

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