Josh Foreman

🇦🇺 This Week in Australian Startups #180, 4th October 2026

Weekly roundup reporting Australian startup funding rounds and government grants, a venture fund close, agreed acquisitions, an IPO pricing, a collapse, plus executive hires and AI policy developments.

Role call: new people at allt, SQC, RedBelly Network, Neara & Indebted

Weekly people-moves column: new executives at allt, SQC, Redbelly Network, InDebted and Neara, including Clive Dickens joining allt's board and Chris McNamara becoming InDebted's CEO.

InDebted appoint Chris McNamara as Chief Executive Officer and Brendan Lee as Chief Financial Officer

Collections technology firm InDebted has named Chris McNamara as chief executive and Brendan Lee as chief financial officer, filling a search opened when founder Josh Foreman shifted to a founder and executive director role.

InDebted appoints Gillian Findlay, one of Australia’s most accomplished tech operators, to its board

Collections platform InDebted adds Gillian Findlay, ex-COO of SafetyCulture and Immutable, as a non-executive director, joining founder Josh Foreman, Reinventure's Danny Gilligan and Carthona Capital's Dean Dorrell on the board.

InDebted founder Josh Foreman returns to product as AI acceleration opens new era for global collections infrastructure

InDebted's founder Josh Foreman is shifting from CEO into a product, AI and R&D-focused founder role while the company searches externally for a new chief executive, after posting record quarterly revenue and profitability.

The FinTech Report Podcast: Episode 64: Josh Foreman, Founder & CEO, Indebted

Podcast episode in which InDebted's founder discusses scaling the debt-collection business, its earliest backers, and Airtree joining the company's most recent Series C round.

Australian fintech scale-up InDebted enters Mexican market with BNPL partner Aplazo

Debt collection tech firm InDebted launches in Mexico alongside BNPL provider Aplazo; the piece also recalls its AUD$60m Series C raise from a mix of fresh and returning backers.

Six Aussie startups that raised $87.7 million this week

Roundup of six Australian funding rounds this week: InDebted, Evolt, Restoke.ai, Mary Technology, Matilda and Demtech.ai, with investors, amounts, InDebted's valuation and a secondary component for early backers and staff.

Also Australian FinTech·SmartCompany·Startup Daily·Australian FinTech·Fintech News Australia·Business News Australia

Fintech Indebted sacks 40 staff amid $22.5 million raise

Debt collection startup Indebted raised $22.5 million led by Perennial, doubling its valuation, while cutting 40 jobs; the article also recalls earlier raises and an acquisition.

InDebted raises $22.5 million and cuts 40 staff, CEO says no more ‘growth at all costs’

Payments fintech InDebted has closed a $22.5 million round doubling its valuation to $200 million, led by Perennial Value Management, while restructuring with a 17% workforce cut of 40 staff.

Also Startup Daily·Cut Through Venture·SmartCompany