Startup · $13m raised
Australian consumer lender offering Pay Advance and Personal Loans
Every investor coverage indicates participated in a round Beforepay raised.
| Investor | Rounds | Invested |
|---|---|---|
| Alium Capital | Unnamed stage | - |
| James Spenceley | Unnamed stage | - |
Companies Beforepay acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Beforepay. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ASX-listed lender Beforepay reports passing two million registered users as it expands from Pay Advance into personal loans, with CEO Jamie Twiss calling the milestone a sign of momentum for broader ambitions.
Insurance broking platform UpCover secured a $19 million Series A — $11 million equity led by RealVC plus $8 million debt from Marshall Investments — with Antler Elevate, Betterlabs, Gandel Invest and individual investors taking part.
Marketing partnerships marketplace Partnar has secured a $200,000 seed investment from Melbourne venture firm Skalata Ventures, which sees growing value in brand partnerships as third-party tracking fades.
Beforepay's shares plunged 44% in its ASX debut, erasing the $35 million IPO raise and much of its $158.4 million listing value; the article recalls earlier raises backed by James Spenceley and Alium Capital.
Leaked plans suggest Beforepay's proposed IPO could value the salary-advance fintech at $158.3 million, figures the company calls speculation. The piece also recounts its earlier raises and executive appointments.
Also Startup Daily
Cut Through Venture's debut quarterly newsletter rounds up Q1 2021 raises across Australian and New Zealand startups, highlighting crowdfunding, fintech dominance, active investors, and two newly launched startups currently seeking backers.
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