OurMoneyMarket raising Series C on $117m valuation

Posted on
23rd August 2021
By Shannon Turnbull

OurMoneyMarket raising Series C on $117m valuation

Australian Financial Review Article (By Shannon Turnbull, 23rd August 2021)

A recent AFR article on OurMoneyMarket said "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.

The fintech has largely flown under the radar in the local market, but it has already written in excess of $220 million in loans and has projected that it will hit $525 million of loan originations by June 30 next year."

Read the full article here:  AFR OurMoneyMarket