Founder, Paypa Plane · angel in 1 deal

Jonathan Grant

Roles

Role	Organisation	Sources
Founder	Paypa Plane	SmartCompany, Women's Agenda, Startup Daily (Fri 31 Mar 2023), Business News Australia, Startup Daily (Mon 7 Feb 2022)

Disclosed deals

Every published round Jonathan Grant 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
Functionly	Seed	22 Sep 2021	$3.6m	Participant	Black Nova Venture Capital Afterwork Ventures Investible Rampersand Andrew Larsen Rayn Ong David Wood Mick Liubinskas Stuart Hall Ben Naftzger Stephen Yu Matthew Macfarlane Douglas Capital Andrew Mackross Steve Bender Laurance Escalante Dan Stinton Jonathan Jeffries Kate Taylor Paul MacNeil Daniel Nelson Simon Anderson	Startup Daily, Startup News (WA), functionly.com, Afterwork Ventures portfolio, Afterwork Ventures portfolio, Investible portfolio

Portfolio

Companies Jonathan Grant has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
Functionly		22 Sep 2021, Seed	1	0

Funds

Fund closes reported for Jonathan Grant, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Jonathan Grant yet.

Portfolio companies acquired

Companies Jonathan Grant has backed that another company then bought. An exit for the holding, not a deal Jonathan Grant did.

Company	Bought by	Kind	Announced	Price
No portfolio company of Jonathan Grant is recorded as having been acquired.

Coverage

Stories naming Jonathan Grant. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Series A

Paypa Plane shows how startups can embrace paid parental leave equality

A profile of Brisbane fintech Paypa Plane's new 12-week gender-neutral parental leave policy, noting its recent $10 million Series A raise, Mastercard backing, and plans to grow its team.

SmartCompany Wed 7 Jun 2023 Paypa Plane Mastercard Damian Joyce Jonathan Grant Simone Joyce

Also paypaplane.com·Business News Australia·Startup Daily·Australian FinTech·Startup Daily·Women's Agenda

2 deals

Queensland govt, Mastercard back fintech Paypa Plane in $10 million Series A

Brisbane payments startup Paypa Plane closed a $10 million Series A led by QIC with Cuscal, Mastercard and Sprint Ventures; Commonwealth Bank earlier took a 20% stake, and two new directors joined the board.

Startup Daily Fri 31 Mar 2023 Paypa Plane CBA Queensland Government Queensland Government's Business Investment Fund Tyro Payments Cuscal Mastercard Queensland Investment Corporation Sprint Ventures Bianca Bates Cameron Dick Jonathan Grant Jon Davey Nick Capell Simone Joyce

Also Startup Daily·SmartCompany·Australian FinTech·Women's Agenda·Business News Australia

2 deals

Paypa Plane bags $10m in Series A backed by Mastercard

Brisbane payments fintech Paypa Plane has secured a $10 million Series A led by QIC, with Mastercard, Cuscal and Sprint Ventures joining earlier backers CBA and Tyro, funding hiring and US expansion.

Business News Australia Fri 31 Mar 2023 Paypa Plane CBA Queensland Government Tyro Payments Cuscal Mastercard Queensland Investment Fund (QIC)Sprint Ventures Cameron Dick Jonathan Grant Nick Capell Simone Joyce

Also Startup Daily·SmartCompany·Australian FinTech·Startup Daily·Women's Agenda

Unnamed stage

CBA takes minority stake in business payments fintech Paypa Plane ahead of PayTo roll out

Commonwealth Bank buys a fifth of Brisbane payments startup Paypa Plane for an unstated amount, partnering to deliver PayTo real-time direct debits to business customers.

Startup Daily Mon 7 Feb 2022 Paypa Plane CBA Jonathan Grant Mike Vacy-Lyle Simone Joyce

Also SmartCompany·Australian FinTech·Startup Daily·Women's Agenda·Business News Australia

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