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
- SectorsFinancial Services
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- Website amal.com.au
- Social LinkedIn
- Acquired by IQ-EQ (Apr 2025)
- Legal Name Amal Asset Management Limited
Products & Services of AMAL
AMAL offers a comprehensive portfolio of products and services, including Loan Servicing, Trustee Services, and Governance Services.
Infrastructure for managing loan administration and receivables.
Platform for corporate trust and compliance oversight.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | 1896 | iqeq.com | Luxembourg, Luxembourg |
Investor details for AMAL
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- Round participation
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People of AMAL
2 people are tracked at AMAL (2 in leadership).
| Name | Role | Group |
|---|---|---|
Kent Mcphee | CEO | Leadership |
John Morse | CEO | Leadership |
Complete people profiles for AMAL
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- Team structure
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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.
- Founded AMAL is founded.
- Exit Acquired by IQ-EQ.
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Related news about Amal
Complete news archive for 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.

