FundX

Sydney, Australia Founded: 2015 • Age: 11 yrs
Money is advanced against outstanding invoices for Australian SMEs.
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About FundX

FundX is a company based in Sydney (Australia) founded in 2015.. FundX operates in a competitive market with competitors including C2FO and Business Fuel, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of FundX

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by FundX

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FundX

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fundx Comparisons

Employees
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Competitors of FundX

FundX 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 C2FO and Business Fuel, 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
Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors
domain founded_year HQ Location
Online platform for small business loans and financing is operated.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fundx

Frequently Asked Questions about FundX

When was FundX founded?

FundX was founded in 2015.

Where is FundX located?

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

What does FundX do?

FundX is an invoice discounting platform providing working capital solutions to small to medium Australian businesses. FundX is integrated directly into the borrowers accounting software, allowing FundX to clear the chosen invoices immediately, funding the borrower while he waits for payment from clients. FundX uses big data, machine learning and predictive algorithms to analyse risk and authorize invoice funding. Approved customers can choose to clear any or all of their pending invoices and have funds transferred directly and securely to their nominated bank account within 24 hours. Their advance rates start at 2 per month depending on the risk level of the company and the rates get lower the more they use FundX.

Who are the top competitors of FundX?

FundX's top competitors include C2FO and Business Fuel.

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