Ledger. Australian venture funding, tracked

Startup · $87m raised

Pay.com.au

Australia's largest payments and rewards platform

Melbourne, VIC

Coverage

Stories naming Pay.com.au. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Funding announcement

🇦🇺 This Week in Australian Startups #176, 30th August 2026

Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.

11 deals

Seven ANZ startups that raised $71.8 million this week

Weekly roundup covering seven raises across the Tasman: Phonely's Series A, Pay.com.au's private placement, and rounds for Atomic Tessellator, Caruso, Deteqt, Clean Slate Clinic and Earthletica, worth roughly $72 million combined.

Also crane.vc

5 deals

Four ANZ startups that raised $52.1 million this week

Funding roundup covering four raises: Pay.com.au's $25 million round plus a $28 million secondary, Ruminant Biotech's Series A, Australis Scientific's Rohto-backed funding, and Paperly's $3 million round led by Tribe Global Ventures.

Also Startup Daily·Startup News (WA)

3 deals

Pay.com.au hits $633 million valuation after $25 million raise

Melbourne fintech pay.com.au has banked $25 million for a US push, Morgans Corporate leading, with Wilson Asset Management, Thorney Group and Ophir participating, at a pre-money valuation of $633 million.

3 deals

Smart50 success Pay.com.au raises $25 million, valuation soars to $633 million

Payment rewards platform Pay.com.au has raised $25 million led by Morgans Corporate, with $28 million of existing shares also sold, valuing the company at $633 million as it pushes into America.

Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Dealroom·Fintech News Australia

Something wrong? Tell us