Investor · 1 deal
Every published round Australian Finance Group took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Volt | Unnamed stage | 12 Jul 2021 | $15m | Participant | SmartCompany (Tue 13 Jul 2021), Australian FinTech, Startup Daily, SmartCompany (Fri 4 Jun 2021), SmartCompany (Fri 4 Jun 2021) |
Companies Australian Finance Group has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Volt | 12 Jul 2021 | 1 | 0 |
Fund closes reported for Australian Finance Group, as distinct from the investments it has made.
Companies Australian Finance Group has backed that another company then bought. An exit for the holding, not a deal Australian Finance Group did.
| Name | Role | Sources |
|---|---|---|
| Stephen Doyle | State Director (NSW/ACT) (former) | Australian FinTech |
Stories naming Australian Finance Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup of five Australian startups announcing raises: Stacked Farm, Sherlok, Readiitel's Readii, Nullify and Baresop, together bringing in $46.9 million from local investors.
Also SmartCompany
Adelaide fintech Sherlok has raised $3.4 million led by Rampersand to expand its AI platform that helps brokers refinance clients' mortgages in one click using open banking data.
Bridgit, a non-bank bridging loan provider, has hired Stephen Doyle as Head of Distribution, drawing on his aggregator and broker-channel background at Loan Market Group, NAB and AFG.
Neobank Volt raises $15 million from mortgage group AFG to expand its Banking-as-a-Service offering, with white-labelled products planned for AFG's broker network. The piece also recalls sector turmoil, including Xinja's closure and 86 400's sale to NAB.
Also SmartCompany·Startup Daily·SmartCompany·Australian FinTech
Melbourne consumer lender Symple Loans has closed a $15 million Series D round, lifting total capital raised beyond $130 million, following an $11 million Series C in 2020 and a broker partnership with AFG.