Oliver Kidd

Credit card fintech taps $11 million raise

Melbourne corporate card startup Archa has raised $11 million in equity plus a $50 million debt facility to grow its business credit card platform, backed by The Fintech Fund and several local executives.

Also Australian FinTech

FinTech Archa closes $24 million funding round backed by high profile investors

Corporate-card fintech Archa closed a $24 million pre-Series A round of debt and equity led by Wisr's Anthony Nantes, and secured a new institutional debt facility from Roadnight Capital.

Also Techboard

Archa accelerates growth with key senior hires

Melbourne fintech Archa has hired Lukas Aron as chief technology officer and Joseph Robins as GM Commercial ahead of its public launch, with founder Oliver Kidd describing the appointments as a statement of intent.

Former consumer neobank Archa pivots to launch Australia's first smart business credit card

Archa, once a consumer neobank, has released a business credit card with spend management tools for Australian small businesses, and is seeking growth funding co-led by two investment firms.

Archa becomes a principal issuing member of Mastercard