About Dynamoney
Dynamoney is a company based in Sydney (Australia) founded in 2015 by David Verschoor.. Dynamoney has raised $285 million across 1 funding round. Dynamoney offers products and services including Asset Finance, Business Loans, Vehicle Finance, Equipment Finance, and Insurance Premium Funding. Dynamoney operates in a competitive market with competitors including Latitude Financial Services, Nimble, Right Road Finance, MiFund and SafeFinancial, among others.
- Headquarter Sydney, Australia
- Founders David Verschoor
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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 Dynamoney Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$285 M (USD)
in 1 rounds
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Latest Funding Round
$285 M (USD), Series D
Mar 09, 2024
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Investors
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Employee Count
Employee Count
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Products & Services of Dynamoney
Dynamoney offers a comprehensive portfolio of products and services, including Asset Finance, Business Loans, Vehicle Finance, Equipment Finance, and Insurance Premium Funding. 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.
Provides funding for business assets like vehicles and equipment
Offers loans for cash flow and business investments
Finances cars, trucks, and trailers for business use
Supports leasing of industrial and medical equipment
Funds premiums to free up business capital
Funding Insights of Dynamoney
Dynamoney has successfully raised a total of $285M through 1 strategic funding round. The most recent funding activity was a Series D round of $285 million completed in March 2024. 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 1
- Last Round Series D — $285.0M
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First Round
First Round
(09 Mar 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series D - Dynamoney | 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 Dynamoney
| 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 - Dynamoney
| 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 |
Dynamoney Comparisons
Competitors of Dynamoney
Dynamoney 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 Latitude Financial Services, Nimble, Right Road Finance, MiFund and SafeFinancial, 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 |
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| domain | founded_year | HQ Location |
Consumer loans are provided to individuals in Australia.
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| domain | founded_year | HQ Location |
Short-term loans are offered via an online platform.
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Diversified financial services are provided as a non-banking institution.
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| domain | founded_year | HQ Location |
Offers an online platform for consumer loan services.
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| domain | founded_year | HQ Location |
Offers cash, car, and business loans with fast approvals for Australians.
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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 Dynamoney
Frequently Asked Questions about Dynamoney
When was Dynamoney founded?
Dynamoney was founded in 2015 and raised its 1st funding round 9 years after it was founded.
Where is Dynamoney located?
Dynamoney is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Dynamoney?
David Verschoor is the current CEO of Dynamoney. They have also founded this company.
Is Dynamoney a funded company?
Dynamoney is a funded company, having raised a total of $285M across 1 funding round to date. The company's 1st funding round was a Series D of $285M, raised on Mar 09, 2024.
What does Dynamoney do?
Dynamoney was founded in 2015 and is headquartered in Sydney, Australia. Operations focus on the finance sector, where leasing and loan options for vehicles and equipment are extended to commercial clients. Services include tailored financing solutions for fleet management and asset acquisition, supporting industries such as transportation and construction. The company is led by co-founder and CEO David Verschoor, with activities centered in the Australian market.
Who are the top competitors of Dynamoney?
Dynamoney's top competitors include Latitude Financial Services, Nimble and Right Road Finance.
What products or services does Dynamoney offer?
Dynamoney offers Asset Finance, Business Loans, Vehicle Finance, Equipment Finance, and Insurance Premium Funding.