Afterpay has announced a new partnership with Jetstar that will see the company’s ‘buy now, pay later’ solution become available to Jetstar customers.
Prospa has announced the closing of $25 million in funding led by AirTree Ventures, which will be used to help the business grow its technology and team.
Splend, a company which hires out cars to those wanting to join the ranks of rideshare drivers, has received backing from Investec Australia.
Australian small business lending marketplace Bigstone has secured $3 million in a seed funding round led by CVC Limited, Lighthouse Venture Partners and Australian private investors. The funds will be used to fuel expansion and extend the reach of the fintech’s small business loan market capabilities.
Today, Moula has announced that it has increased its loan amount from $20,000 to $50,000, and is currently lending over $100,000 per week to Australian small businesses. It has also announced the integration of further data sources as it continues its growth into offline lending.
Startup Moula vs. PayPal Working Capital: Both want to provide SMBs critical short-term capital, but which is better?
Melbourne-based entrepreneurs Aris Allegos and Andrew Watt are the brains behind an infant startup Moula, which functions as an online funding platform for small businesses to access critical short-term capital.
Launched in CeBIT last month, Loandesk is an online match-making service that aims to simplify the process of connecting small businesses with the right lender for their funding needs.