About Moneytech
Moneytech is a company based in Sydney (Australia) founded in 2003 was acquired by Source Financial in June 2013. Moneytech has raised $20 million across 2 funding rounds from investors including Source Financial, Colinton Capital Partners and 248 Growth Partners. Moneytech offers products and services including Debtor Finance, Trade Finance, Equipment Finance, Term Loan Finance, and Line of Credit. Moneytech operates in a competitive market with competitors including Timelio, Waddle, Shengye Capital, Grapple and crossinx, among others.
- Headquarter Sydney, Australia
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Moneytech Group Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series B
Nov 29, 2021
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Investors
Source Financial
& 2 more
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Employee Count
Not available
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Acquired by
Source Financial
(Jun 03, 2013)
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Products & Services of Moneytech
Moneytech offers a comprehensive portfolio of products and services, including Debtor Finance, Trade Finance, Equipment Finance, Term Loan Finance, and Line of Credit.
Helps businesses access funds from customer invoices quickly.
Assists in managing supply chain payments and transactions efficiently.
Provides funding for acquiring business equipment to support growth.
Offers loans using property equity for business expansion needs.
Enables flexible borrowing to manage business cash flow effectively.
Funding Insights of Moneytech
Moneytech has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in November 2021. 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.
Investors in Moneytech
Moneytech has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Source Financial, Colinton Capital Partners and 248 Growth Partners.
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Colinton Capital Partners is focused on mid-market investment solutions.
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Investment services are provided to growth-stage Australian companies.
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Financial services are offered by Source Financial since 1997.
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Investor details for Moneytech
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Moneytech
Investment portfolio details for Moneytech
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Moneytech
Detailed financials for Moneytech
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- Profit trends
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Moneytech Comparisons
Peer comparison for Moneytech
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Moneytech
Moneytech 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 Timelio, Waddle, Shengye Capital, Grapple and crossinx, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Invoice financing is provided to Australian businesses online.
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Invoice financing is provided through an online platform for businesses.
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Supply chain financing is facilitated through an online marketplace platform.
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Online marketplace for business loans
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E-invoicing and supply chain financing solutions are delivered to businesses.
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Detailed competitors of Moneytech
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- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Moneytech
Complete news archive for Moneytech
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- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Moneytech
Moneytech was founded in 2003 and raised its 1st funding round 13 years after it was founded.
Moneytech is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Moneytech is a funded company, having raised a total of $20M across 2 funding rounds to date.
Moneytech started as a financial transaction software development firm launching core online transaction platform, the Moneytech Exchange, but later diversified to offering end to end commercial finance cash flow solutions for SMEs. Their current online products are Credit Express Trade Finance offering credit limits from 25,000 to 5,000,000 for SMEs to free up business cash flow, debtor financing product Confirmed Capital offering accounts receivable finance and m Payments which is its prepaid card. Moneytech also launched 360 Markets, providing forex payments solutions.
Moneytech offers Debtor Finance, Trade Finance, Equipment Finance, Term Loan Finance, and Line of Credit.
Moneytech has 3 investors. Key investors include Source Financial, Colinton Capital Partners, and 248 Growth Partners.