About Butn
Butn is a company based in Sydney (Australia) founded in 2018 by Rael Ross and Walter Rapoport.. Butn has raised $12.5 million across 2 funding rounds. Butn offers products and services including Invoice Finance, Outsourced Credit Terms, Instant Purchases, and Customised Solutions. Butn operates in a competitive market with competitors including Stripe, Square, Flutterwave, PayU and Vanco Payment Solutions, among others.
- Headquarter Sydney, Australia
- Founders Rael Ross, Walter Rapoport
- Stage Public
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name But N Ben Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.5 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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IPO & Listings of Butn
Butn is a publicly listed company on the ASX with ticker symbol BTN in Australia, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Butn
Butn offers a comprehensive portfolio of products and services, including Invoice Finance, Outsourced Credit Terms, Instant Purchases, and Customised Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables early payment of receivables to improve business cash flow
Handles credit risk and collections for business customers
Provides upfront supplier payments with flexible repayments
Offers tailored funding options for specific business needs
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Head Team
2 people
Sales and Marketing
2 people
Leadership Team
2 people
Finance and Accounting
1 people
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Funding Insights of Butn
Butn has successfully raised a total of $12.5M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(13 Apr 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Post-IPO - Butn | Valuation |
investors |
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| Apr, 2021 | Amount | Series B - Butn | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Butn
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Butn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Butn Comparisons
Competitors of Butn
Butn operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Square, Flutterwave, PayU and Vanco Payment Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment gateway solutions are provided for faith-based organizations and nonprofits.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Butn
Frequently Asked Questions about Butn
When was Butn founded?
Butn was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Butn located?
Butn is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is Butn a funded company?
Butn is a funded company, having raised a total of $12.5M across 2 funding rounds to date. The company's 1st funding round was a Series B of $12.5M, raised on Apr 13, 2021.
What does Butn do?
Founded in 2018 and based in Sydney, Australia, operations in the fintech sector are conducted by the company. A platform is offered to businesses, enabling payment financing, pre-delivery payments, commission and fee handling, as well as sending and receiving payments. Services are tailored to streamline financial transactions for users in various industries.
Who are the top competitors of Butn?
Butn's top competitors include Stripe, PayU and Flutterwave.
What products or services does Butn offer?
Butn offers Invoice Finance, Outsourced Credit Terms, Instant Purchases, and Customised Solutions.
Is Butn publicly traded?
Yes, Butn is publicly traded on ASX under the ticker symbol BTN.
What is Butn's ticker symbol?
The ticker symbol of Butn is BTN on ASX.
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