Moneytech integrates with Xero to deliver smarter, faster finance for Australian small businesses
Australian non-bank lender Moneytech have announced a new integration with Xero, the global small business accounting platform, giving small and medium-sized businesses a smarter, more streamlined way to access working capital.
The integration allows both existing and future clients to connect their Xero account directly to Moneytech’s Platform, Partnr, enabling faster credit decisions and more tailored finance options – all without the paperwork.
“This upgrade in our technology is about removing friction,” said Nick McAvoy, CTO of Moneytech. “When a business can connect their accounting software securely and instantly, we’re able to assess their needs in real-time and offer the right funding solution quickly. That means more time for our clients to focus on running their business and less time chasing capital.”
The technology behind the integration leverages the new Moneytech Partnr framework, which enables a secure, read-only connection to live financial data from Xero. This real-time insight allows Moneytech to analyse key metrics such as cash flow and receivables to provide accurate funding decisions, often within hours. This not only improves the speed of approval but also helps match businesses with the right type of facility for their cash flow needs, whether it’s invoice finance, trade finance, equipment finance, or a business loan solution.
Unlike other lenders that partner with a single platform for one product, Moneytech’s Partnr platform gives customers greater choice and flexibility. It supports connections to a range of accounting software solutions across Moneytech’s broad product suite, offering a seamless experience and ensuring the finance process is built around the way each business operates. All data is handled securely using bank-grade encryption, with the integration designed to be as efficient and intuitive as possible.
Moneytech’s CEO Nick McGrath (pictured) added, “At a time when cash flow is a critical concern for many SMEs, the ability to access funding based on real-time business performance, not just historical information, is a game-changer. Our new integration with Xero makes doing business with us simpler and easier than ever before and gives businesses time back to focus on what matters.”
The integration is now live and available to all Xero customers in Australia, as well as businesses that use other accounting software solutions, applying for finance through Moneytech. To learn more about how Moneytech can support your business, visit www.moneytech.com.au
