AMAL

Sydney, Australia Founded: 1994 • Age: 32 yrs Acquired By IQ-EQ
Loan servicing solution provider

About AMAL

AMAL is a Financial Services company based in Sydney (Australia) founded in 1994, and was acquired by IQ-EQ in April 2025. Loan servicing solution provider. Its chief executive, as recorded, is Kent Mcphee. AMAL offers products and services including Loan Servicing, Trustee Services, and Governance Services. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Loan Servicing. Its legal entity is AMAL Asset Management Limited.

Company details

AMAL provides loan servicing solutions. The company offers a plug--play solution that allows originators and lenders to plug into a ready-made loan servicing infrastructure. Also offers an off-the-shelf platform that provides originators and lenders with a ready-made servicing infrastructure and caters to multiple receivable types including residential and commercial mortgages, consumer loans, and large and small ticket leasing.

  • Headquarters Sydney, Australia
  • Stage Acquired
  • Sectors
    Financial Services
  • Email
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  • Website amal.com.au
  • Social LinkedIn
  • Acquired by IQ-EQ (Apr 2025)
  • Legal Name Amal Asset Management Limited
Key Metrics

Products & Services of AMAL

AMAL offers a comprehensive portfolio of products and services, including Loan Servicing, Trustee Services, and Governance Services.

Loan Servicing
Financial Service

Infrastructure for managing loan administration and receivables.

Trustee Services
Financial Service

Platform for corporate trust and compliance oversight.

Governance Services
Risk Management

Framework for risk and compliance in financial operations.

Investors in AMAL

AMAL has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IQ-EQ.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on multiple sectors
1896iqeq.comLuxembourg, Luxembourg
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Investor details for AMAL

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People of AMAL

2 people are tracked at AMAL (2 in leadership).

NameRoleGroup
Kent Mcphee
CEOLeadership
John Morse
CEOLeadership
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Complete people profiles for AMAL

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Timeline of AMAL

2 dated milestones of AMAL across 31 years, from founding to its latest funding, stage changes and deals.

  1. Founded AMAL is founded.
  2. Exit Acquired by IQ-EQ.
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Related news about Amal

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Frequently Asked Questions about AMAL

AMAL was founded in 1994.

AMAL is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

Kent Mcphee is the CEO of AMAL, as recorded in our data.

AMAL provides loan servicing solutions. The company offers a plug--play solution that allows originators and lenders to plug into a ready-made loan servicing infrastructure. Also offers an off-the-shelf platform that provides originators and lenders with a ready-made servicing infrastructure and caters to multiple receivable types including residential and commercial mortgages, consumer loans, and large and small ticket leasing.

AMAL offers Loan Servicing, Trustee Services, and Governance Services.

AMAL has 1 investor. Key investors include IQ-EQ.

AMAL operates through Amal Asset Management Limited.

Yes. AMAL was acquired by IQ-EQ in April 2025.

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