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Aris Allegos | In The News

Moula attracts $20 million to fund growth in business lending

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.

A Leap of Faith into Moula

Moula joined the ranks of LinkedIn’s Top Startups in 2019 and our Chief Data Officer, Paul Pesavento was invited to share his story on making the transition from corporate life to Moula.
A Paint Shop Owner Who Offers Invoice Payment Terms To SME Customers

Invoice Payment Terms: Research Reveals Lost Opportunities for SMEs

Research commissioned by Moula in mid-2019 has revealed that business-to-business buyers and sellers are being held back by a lack of cash flow. Almost half of businesses looking to grow by purchasing stock, buying equipment or materials, or paying for services are not able to expand due to a lack of funds. While nearly 60% of merchants selling to other businesses offer payment terms, 63% of these businesses report that their cash flow is adversely affected by late payments.

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