Grapple: the new fintech invoice financing company that’s kicking goals
With many industries struggling under the impact of COVID-19, a new fintech invoice financing company called Grapple, is bucking the trend
Link4 teams up with MoneyWorks to provide seamless e-Invoicing services to over 40,000 organisations.
Thanks to a new partnership, MoneyWorks users in Australia, New Zealand, Singapore and the UK are now able to access e-Invoicing services through Link4.
Peer-to-peer invoice finance marketplace Grapple to take on big players
Australia’s first online marketplace for facility invoice financing Grapple says the company can scale up quickly and take on major industry players.
Thorney invests in Timelio fund for invoice financing
Thorney Investment Group has seeded the Timelio Capital Fund, a new unit trust to be offered to institutional investors seeking a diversified exposure to the emerging asset class of invoice financing. Thorney and Timelio, a Melbourne-based fintech that has built a peer-to-peer platform allowing small businesses to access funding based on the amount of money owed to them on unpaid invoices, expect the new fund to grow to $100 million over the short-to-medium term. Timelio has also raised $5 million in fresh equity, backed by Thorney and former ANZ Banking Group director John Dahlsen, a recent critic of the big banks. Timelio has facilitated $45 million in funding for small […]
Waddle Integration With Xero Transforms Invoice Financing
Media Release Waddle Loans Pty Ltd (Waddle) has today announced a first-of-its-kind invoice financing product that integrates with Xero’s cloud accounting software. The solution is available through Xero’s Australian add-on marketplace giving small business owners a simple way to fix their cash flow by establishing a revolving line of credit based on the businesses unpaid invoices within Xero. This new financing solution enables small businesses to use their Xero data to boost cash flow by drawing funds against unpaid invoices the instant they are created, automating every aspect of the financing through a two-way real-time data exchange made possible by the connection. The new offering transforms the traditional “factoring” system, whereby small businesses sell outstanding invoices to a third party financier in […]
Revolut Business reports strong growth in Australia with 11x revenue increase YoY
Global fintech Revolut reports strong growth in its business-to-business (B2B) offering, Revolut Business, in Australia.
15 Startups selected for Startupbootcamp’s 2024 Sustainable Fintech Accelerator Programme
Startupbootcamp have unveiled the 15 trailblazing startups that will shape the future of finance as part of their 2024 Sustainable Fintech Accelerator.
Banjo Loans urges SMEs to stay vigilant as financial fraud costs rise
SME lender Banjo Loans is encouraging small and medium business owners to remain alert to increasingly sophisticated financial fraud activity.
