The fintech flood is still flowing, this time at four-year-old personal loans and buy now pay later provider OurMoneyMarket which has upsized its Series C raise to $15 million on a pre-money valuation of $117 million.
The business, co-founded by former NAB senior associate in its securitisation team, Crystal Anderson, and her colleague Adam Sutherland, has already banked $4 million of its latest raise. It counts the likes of Singapore’s N2N Connect, iPartners and PointsBet co-founder Nick Fahey as backers.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
