Patrick Nappa and Alex Simmons

Startup lender Kashcade banks $1 million raise ahead of rolling out R&D tax incentive loans

- May 1, 2024 < 1 MIN READ

Fintech Kashcade has raised an additional $1 million from existing investor Prandium Capital and several high net worths, alongside a $22 million warehouse facility funded by asset-backed lending specialist Rixon Capital. The digital lender offers startup founders non-dilutive capital and will use the debt warehouse to expand into the R&D lending space, so companies can… Read more »

Godfrey Dinh, Futurerent

Rental income lending fintech Futurerent bags $50 million in debt funding for US launch

- January 11, 2024 2 MIN READ

Landlord borrowing alternative Futurerent, which lends property investors up to $100,000 of their rental income in advance, has secured $50 million in debt funding and is launching a new US division of the brand called Downpayments. The venture debt was provided by US VC Second Century Ventures and California-based lender Partners for Growth (PFG), which has… Read more »

WLTH cofounder and CEO Brodie Haupt

Fintech WLTH banks $14 million raise, ramps up digital lending with Mortgage Mart acquisition

- November 28, 2023 2 MIN READ

Brisbane lending fintech WLTH has raised $14 million alongside acquiring home loan manager Mortgage Mart. The funding came from Melbourne-based healthtech-focused investor Rajomon and ASX-listed PNG digital lender Kina Bank (ASX:KSL). WLTH CEO and cofounder Brodie Haupt has put the capital to immediate use as part of his ambition to build Australia’s leading digital lender,… Read more »

Patrick Nappa and Alex Simmons

Startup lender Kashcade banks $5.5 million raise

- November 13, 2023 2 MIN READ

Fintech Kashcade, a digital lender offering startup founders non-dilutive capital, has raised $5.5 million and it seeks to build out its loan book. The round was led by Prandium Capital, with MD Andrew Whitten, now chairing the Kashcade board. Several startup founders also backed the raise, a combo of $1 million in equity and the remainder… Read more »

First Australians Capital Brian Wyborn

Indigenous-led impact fund First Australians Capital lands $3 milllion from US fintech Block

- November 13, 2023 2 MIN READ

Square founder Jack Dorsey has backed Indigenous impact fund First Australians Capital (FAC) with $3 million from its ASX-listed parent company Block. It’s the first time the global payments fintech, which in 2022, paid $39 billion to acquire BNPL Afterpay, has made a social impact investment in Australia. The former Twitter CEO and founder, now… Read more »

David Ingram

Proptech lending marketplace CrowdProperty raises $1.5 million seed round

- October 15, 2021 2 MIN READ

Marketplace lending platform CrowdProperty Australia has raised $1.5 million in a seed round as it aims to ramp up finance for SME property development. The raise was led by developer Oscar Done, supported by several property, financial services, and tech investors including Black Nova VP Alex Retzlaff and former TripAdvisor technology VP Jeff Lewis.  CrowdProperty launched… Read more »


Australia has a new neobank for small business lending

- September 7, 2021 2 MIN READ

Emerging Sydney fintech Avenue Bank has been granted a restricted banking licence by the financial regulator APRA. The digital bank has been gearing up for this moment after raising $37 million in a series B round back in February. Veteran CBA exec George Confos was appointed Avenue CEO last year. The fintech previously raised $11.4… Read more »


A Swiss startup lender that’s set up in Victoria weighed straight into the old Melbourne v Sydney debate

- July 24, 2019 3 MIN READ

Seriously, what reasons could any company see for setting up around here? Photo: AdobeStock There’s a joke almost as old as the endless Melbourne v Sydney debate that goes like this: Melbourne says: “We’re better than Sydney”. Sydney says: “What’s a Melbourne?” And while this Sydney-born Sydneysider loves his hometown – #goSwans! – Melbourne is… Read more »