Late payments, bad debt and inefficient payment systems are plaguing Australia’s largest enterprises: GoCardless
Late payments are now at a critical point and the current economic conditions and are only amplifying the associated challenges.
Carbar, GoCardless leading the way with bank direct-debit driven car subscription service
Carbar has partnered with global recurring payments leader GoCardless, to launch a new bank direct-debit enabled car subscription.
GoCardless raise $126m, led by Bain Capital Ventures
GoCardless announced that it has raised AUD$126 million (USD$95 million) in a Series F funding round, led by Bain Capital Ventures.
Google-backed fintech GoCardless eyes Aussie ‘subscription economy’
Australia’s fast-growing “subscription economy” is among the key markets being targeted by fintech firm GoCardless, which has secured more than $100 million to fund its global expansion plans. GoCardless, based in London, on Monday said it had raised $US75 million ($106 million) from investors including Google’s venture capital arm, to roll out a global direct debit payment collection system, which it offers to business clients. The company on Monday announced a series of new backers, including GV (previously known as Google Ventures, and owned by Google’s parent, Alphabet), Adams Street Partners, and Salesforce Ventures. Director of international expansion Pranav Sood, who is visiting Australia, said the funding round meant the […]
UK fintech GoCardless expands to Australia
UK fintech GoCardless, the online payments business simplifying Direct Debit, today announced that it has opened an office in Melbourne. GoCardless, which already serves more than 35,000 businesses every month across the UK, Eurozone and Nordics, is now able to offer businesses in Australia a better way to collect recurring payments. GoCardless will help the more than two million small businesses in Australia to improve their cash flow and cut the time they spend on administrative tasks, by making it easy to set automatic payment collection dates and automatically reconcile payments from within billing platforms like Xero. GoCardless’s intuitive API technology and integrations with subscription software including Chargebee and Zuora, […]
‘No Dishonour Fees’ movement calls for business to boycott unfair consumer charges
Dishonour fees are causing unnecessary widespread distress, with little benefit to businesses or consumers, according to new research from bank payment company GoCardless.
Introducing Australian FinTech’s newest Member – Sole
Sole is an Australian accounting, business management and ecosystem to support small and sole traders.
