MONEYME

MONEYME is a digital financial service company that offers a range of award-winning and innovative digital credit solutions for consumers and businesses.

MoneyMe is building an innovative finance solutions designed specifically for the digital world.

MoneyMe was founded in 2013 by Clayton Howes and Vaughn Dabney. The company is headquartered in Sydney, NSW, Australia.

 

MoneyMe offer a range of fast, flexible, and competitively priced products for Generation Now that cover everything from everyday spending and loans for bigger ticket items, to real-estate expenses and auto financing.

 

MONEYME's advanced technology platform allows them to provide an outcome in a matter of seconds, with funds sent or credit limits available immediately once approved. The company leverages AI algorithms and advanced cloud- based technology, to offer personalised, risk-based pricing that results in fairer and lower-cost loans for you.

 

MONEYME delivered NPAT (Net profit after tax) of $9M in 1H23 and another $7M across January and February 2023. The company projects a strong year for the business with over $16M in NPAT year-to-date, and the significant cost-savings associated with repaying their short-term debt.

 

MONEYME is backed by Pacific Equity Partners, Fortress Investment Group, Perennial Value, Ellerston Capital and Evans & Partners. The company raised $37M in a Post-IPO equity round on Mar 29, 2023. This brings MONEYME's total funding to $335M to date. MoneyMe went public on the ASX, trading under "ASX:MME" on Dec 12, 2019. The IPO valued the company at a AUD $212M.

 

 

  • Year founded: 2013
  • Funding Info: $335M over 4 Rounds (Latest Funding Type: Post-IPO Equity)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued AUD $212M at IPO as of Dec 12, 2019
  • City/Town: Sydney
  • State: New South Wales
  • Country: Australia
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