Startup · $292m raised
Sydney, NSW
Every investor coverage indicates participated in a round Shift raised.
| Investor | Rounds | Invested |
|---|---|---|
| Peak XV Partners | Series D+ · Series C | - |
| Sequoia Capital Southeast Asia | Series C | - |
Companies Shift acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Stephanie Olliver | General Counsel | Australian FinTech |
| Ross Horsburgh | Treasurer | Australian FinTech |
| Praveenesh Pala | Chief Financial Officer (CFO) | Australian FinTech |
| Jamie Osborn | Chief Executive Officer · Founder | FinTech Australia (peak body), Australian FinTech (Tue 3 Dec 2024), SmartCompany, Australian FinTech (Tue 27 Aug 2024), Australian FinTech (Thu 7 Sep 2023), Australian FinTech (Wed 1 Mar 2023), Startup Daily, Australian FinTech (Wed 15 Feb 2023) |
| Cameron Small | Chief Financial Officer | Australian FinTech |
Stories naming Shift. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian business lender Shift hires Genevieve Walker from Macquarie Group to lead its new corporate division, while Andrew Wagg and Natasha Brown take on expanded leadership roles.
Business lender Shift has named Praveenesh Pala, previously CFO at Tyro Payments, as its Chief Financial Officer with immediate effect, bringing two decades of financial services experience as the company scales.
Weekly round-up of four Australian raises: Shift's $35 million Series D, Inform Ag's $7 million Series A, Cropify's $2 million round and WhyHive's $600,000 pre-seed.
Australian SME lender Shift has wrapped a Series D round led by returning backer Peak XV, after completing a large securitisation in May.
Also SmartCompany
Equity podcast panel parses the week: California's venture disclosure law, ALIAVIA Ventures' fund for women founders, Canopy Servicing's Series A1, EVPassport's $200m deal, plus shutdowns and Blue Apron's sale.
Credit and payments platform Shift has hired Stephanie Olliver into a newly created General Counsel role, bringing legal experience from PayPal, Nano Digital Home Loans, Macquarie Group and Morgan Stanley.
Digital lender Alex.Bank hires Oyishi Haque as business development manager for NSW/ACT, citing strong quarterly growth in settlement values and the recent full launch of its secured personal loan product.
Weekly roundup reporting six Australian startup raises totalling $178 million, headed by Loam's $105 million Series B, with rounds for Shift, Quantum Brilliance, SwarmFarm, Tracksuit and Getahead.
Also SmartCompany
Sydney small-business lender Shift, once known as GetCapital, has secured a Series C worth $27 million, with Sequoia Capital Southeast Asia heading the round and earlier backers also taking part.
Also Australian FinTech·SmartCompany·SmartCompany·Australian FinTech
Crunchbase's monthly tracker shows 34 firms newly valued at $1 billion-plus in March 2022, fewer than prior months; Australians Linktree and Immutable joined, Getir and Blockchain.com became decacorns, and Fair and Blinkit were acquired.
Car loan platform CarClarity hires three executives covering analytics, marketing and partnerships, following its Equity Venture Partners-led Series A and a period of rapid revenue and headcount growth.