Moula was named as one of Australia’s nine hot fintechs in 2020 by Fintech News Singapore. In mentioning Moula, the article stated: Established in 2013, Moula is a loan service…
Melbourne, Australia – Moula, one of Australia’s fastest-growing non-bank business lenders, today announced it had secured $20 million Series D private funding to continue fuelling expansion. The round was led by Escala Partners with ongoing support from existing shareholders Liberty Financial and Acorn Capital.
On 2 April 2019, the Coalition government presented its proposed 2019–2020 Federal Budget to the public. From an SME perspective, the proposed budget includes several benefits including an increased instant asset write-off and lowering the company tax rate. The budget is subject to the Coalition winning the upcoming federal election. If it goes ahead as proposed, here’s a quick summary of the three most important takeaways for your business.
The Morrison government’s plan to inject $2 billion into the business lending market offers several potential benefits to small to medium businesses. The proposal, announced on 14 November 2018 by Treasurer Josh Frydenberg, is to create a taxpayer-backed securitisation fund that would invest in credit for small-to-medium enterprises (SMEs). Here we’ll look at some of the challenges faced by SMEs seeking funding and the potential benefits of the proposed fund.