Startup · $20m raised
Every investor coverage indicates participated in a round ALEX raised.
| Investor | Rounds | Invested |
|---|---|---|
| Regal Funds Management | Series C | - |
| SG Hiscock | Series C | - |
| Washington H, Soul Pattinson | Series C | - |
| Wunala Capital | Series C | - |
Investors whose own portfolio pages list ALEX, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Optio Capital | its portfolio page ↗ |
Companies ALEX acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Alex Twigg | NED | Startup Daily |
| Craig Fenwick | Chief Financial Officer · Founder | Startup Daily (Wed 21 Dec 2022), Startup Daily (Thu 16 Sep 2021) |
| Greg Moynihan | Chairman | Startup Daily |
| Kathy Ostin | NED | Startup Daily |
| Simon Beitz | CEO · Founder | Startup Daily (Wed 21 Dec 2022), Startup Daily (Thu 16 Sep 2021), Startup Daily (Thu 8 Jul 2021) |
Stories naming ALEX. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Startup Daily reports neobank Volt is winding up, returning deposits and selling its mortgage book after a failed capital raise, recapping earlier raises by Judo Bank and Alex plus past neobank failures and acquisitions.
Weekly roundup covering Canva's huge raise and rich-list climb, a run of Australian startup funding rounds including SiteMinder and Mable, Domain's purchase of IDS, and Mailchimp's sale to Intuit.
Also Startup Daily·Australian FinTech·Cut Through Venture·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech
Digital lender Alex closed a $20 million Series C valuing it above $120 million, backed by investors including Washington H. Soul Pattinson, and added three new directors to its board.
Digital lender Alex has received a restricted authorised deposit-taking institution licence from APRA, letting customer deposits fund its lending. Founded in 2018, it has written over $8 million in personal loans.
Australian digital bank Alex is pitching a Series B of roughly A$10 million to family firms and retail investors, seeking licences and targeting younger customers, per an AFR report.