InDebted

🇦🇺 This Week in Australian Startups #180, 4th October 2026

Weekly roundup reporting Australian startup funding rounds and government grants, a venture fund close, agreed acquisitions, an IPO pricing, a collapse, plus executive hires and AI policy developments.

Role call: new people at allt, SQC, RedBelly Network, Neara & Indebted

Weekly people-moves column: new executives at allt, SQC, Redbelly Network, InDebted and Neara, including Clive Dickens joining allt's board and Chris McNamara becoming InDebted's CEO.

InDebted appoint Chris McNamara as Chief Executive Officer and Brendan Lee as Chief Financial Officer

Collections technology firm InDebted has named Chris McNamara as chief executive and Brendan Lee as chief financial officer, filling a search opened when founder Josh Foreman shifted to a founder and executive director role.

InDebted appoints Gillian Findlay, one of Australia’s most accomplished tech operators, to its board

Collections platform InDebted adds Gillian Findlay, ex-COO of SafetyCulture and Immutable, as a non-executive director, joining founder Josh Foreman, Reinventure's Danny Gilligan and Carthona Capital's Dean Dorrell on the board.

InDebted founder Josh Foreman returns to product as AI acceleration opens new era for global collections infrastructure

InDebted's founder Josh Foreman is shifting from CEO into a product, AI and R&D-focused founder role while the company searches externally for a new chief executive, after posting record quarterly revenue and profitability.

Australia’s Top 5 Most Well-Funded Fintech Startups in 2025

Ranking of Australia’s five best-funded fintechs — Airwallex, Athena, Zeller, InDebted and Brighte — profiling each one’s total raised, most recent raise, backers, valuation and growth moves.

The FinTech Report Podcast: Episode 64: Josh Foreman, Founder & CEO, Indebted

Podcast episode in which InDebted's founder discusses scaling the debt-collection business, its earliest backers, and Airtree joining the company's most recent Series C round.

Touchable VR, better sexual health, ADHD focus, leaky pipes & startup hiring: Startmate reveals the clever 13 in its latest cohort

Startup Daily profiles the thirteen startups joining Startmate's Winter '25 cohort, covering healthcare AI, agent tooling, recruitment tech, retail promotions, sexual health, water leak detection, VR haptics and ADHD robotics.

InDebted acquires AmSher, deepens strategic expansion into U.S. telecommunications sector

Collections fintech InDebted, which began in Australia, has bought Alabama agency AmSher to grow its US telecom work; AmSher's president and staff join InDebted, which earlier bought Receeve.

Also Fintech News Australia·Business News Australia

Australian fintech scale-up InDebted enters Mexican market with BNPL partner Aplazo

Debt collection tech firm InDebted launches in Mexico alongside BNPL provider Aplazo; the piece also recalls its AUD$60m Series C raise from a mix of fresh and returning backers.

Six Aussie startups that raised $87.7 million this week

Roundup of six Australian funding rounds this week: InDebted, Evolt, Restoke.ai, Mary Technology, Matilda and Demtech.ai, with investors, amounts, InDebted's valuation and a secondary component for early backers and staff.

Also Australian FinTech·SmartCompany·Startup Daily·Australian FinTech·Fintech News Australia·Business News Australia

CTV Funding News - July 2022

Cut Through Venture's August update rounds up July 2022 Australian startup funding, listing raises from Mx51 to WeMoney, Startmate's newest cohort of twelve, and the beta launch of its investor search tool.

Also Techboard

Yabonza collapses into liquidation as the Aussie tech sector continues to feel the heat

Proptech firm Yabonza has entered liquidation with administrators appointed and creditors owed millions. The piece recalls its past backers and 2020 purchase of Easyshare, plus other local tech collapses and layoffs.

Also Startup Daily

InDebted raises $22.5 million and cuts 40 staff, CEO says no more ‘growth at all costs’

Payments fintech InDebted has closed a $22.5 million round doubling its valuation to $200 million, led by Perennial Value Management, while restructuring with a 17% workforce cut of 40 staff.

Also Startup Daily·Cut Through Venture·SmartCompany

Perennial hits $100m for its third private to public fund

Perennial's third pre-IPO fund has secured an initial $100 million toward a $200 million target, with $50 million already deployed into Demyst, Songtradr and InDebted; its previous fund closed at $125 million.

Ignition Lane's Weekly Wrap: Unicorns galore, online marketplaces put on notice, VC pyramid schemes

Weekly roundup reporting Invoice2go's sale to Bill.com, raises by Go1, Employment Hero, InDebted and others, Rokt's secondary sale, Wildcard Ventures' launch, plus global deals including Zoom-Five9 and Salesforce-Slack.

Also Startup Daily·SmartCompany

Debt collection fintech Indebted raises $25 million series B

Sydney debt-collection fintech InDebted raised a $25 million Series B led by Perennial Value Management, with follow-on backing from Carthona Capital, Reinventure, MassMutual Ventures Southeast Asia and Jason Lenga, funding global expansion.

Also Startup Daily·Startup Daily

CTV Funding News - 1Q 2021

Cut Through Venture's debut quarterly newsletter rounds up Q1 2021 raises across Australian and New Zealand startups, highlighting crowdfunding, fintech dominance, active investors, and two newly launched startups currently seeking backers.

Also phocassoftware.com·LaunchVic

Investment Notes: InDebted

OneVentures' note on InDebted covers a newly closed debt facility with internal equity funding its US acquisition and expansion, plus American executive hires ahead of a planned Series B.

Also Cut Through Venture·Startup Daily

Your 90-second guide to the day in tech

Daily roundup: Google's News Showcase launches in Australia, Amazon's local sales pass a billion dollars, debt collector InDebted raises $10 million to buy a US rival, and Halogen Ventures closes a second fund.

Also Startup Daily·Startup Daily

Australian debt collection fintech InDebted launches in Canada

Sydney-based digital debt collection firm InDebted has launched its platform in Canada, its first Northern Hemisphere market, with two Canadian lenders already onboarded ahead of the official launch.

Australian FinTech company profile #110 – TrueLayer

A profile of open banking API provider TrueLayer, covering its founding, backers, Australian leadership and expansion plans, with no new funding, hires or transactions announced.

Millions in the bank: Meet 10 Aussie fintechs that raised funds during COVID-19

Roundup of ten Australian fintechs that raised capital between March and July 2020, including Payright, Zeller, Judo Bank and Airwallex; PictureWealth raised $12 million and acquired NEO Financial Solutions.

Also SmartCompany·SmartCompany

Sydney startup InDebted scores $14 million in Series A funding, following 300% revenue growth

Debt-collection technology company InDebted raised a $14 million Series A co-led by Carthona Capital and MassMutual Ventures, with Reinventure reinvesting, following strong revenue growth and plans to expand into the UK.

Also Australian FinTech·SmartCompany

Reinventure makes two of its ‘lifers’ partners in the VC fund

Reinventure Group promotes its first two employees to partner roles, while the article recalls its earlier investments in SocietyOne, Slyp, Curious Thing and Flybits, and Westpac's role as limited partner.