Founder and CEO, Archa
Stories naming Oliver Kidd. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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
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
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.
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.