Beforepay Group logo — Beforepay Group is Australia's leading provider of ethical l...

Beforepay Group

Beforepay Group is Australia's leading provider of ethical lending products.

Founded 2019 Australia Australia 54 employees Corporate Round Total: $69.90M Financial Services, Fintech

General Information

Company Name Beforepay Group
Founded Year 2019
Location Australia Australia
Employees 54
Industries Financial Services, Fintech
Funding Stage Corporate Round
Social

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About Beforepay Group

Beforepay Group is an Australian fintech startup founded in 2019. The company's mission is to offer ethical lending products to consumers. Operating under Carrington Labs and Beforepay, its direct-to-consumer business, the company provides a flagship pay advance product that allows customers to access a portion of their pay on demand for a fixed fee to address short-term cash-flow challenges.

As of 18 October 2023, Beforepay Group secured a significant $55.00M Corporate Round investment from Longreach Credit Investors and Balmain. This funding is a testament to the company's potential and the confidence investors have in its ability to disrupt the Financial Services and Fintech industries.

With its ethical approach to lending and a focus on providing safe and affordable financial solutions, Beforepay Group is poised for further growth and success in the Australian market and beyond.

Business keywords: pay advance, ethical lending, financial wellness, consumer finance, pay on demand, budgeting app, credit decisioning, startup, Australia, short-term cash-flow, personal finance management

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round $55.00M 2
Longreach Credit Investors, Balmain
18 Oct 2023
Series A $9.00M 2
Alium Capital, James Spenceley
13 Jan 2021
Series A $4.20M 1
James Spenceley
14 Sep 2020
Seed Round $1.30M 2
VFS Group, Brendan Hill
15 Aug 2019
Pre Seed Round $400.00K 1
VFS Group
01 Jun 2019

Beforepay Group Alternatives & Competitors

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Beforepay Group vs
EarnIn
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Beforepay Group vs
Finaxar
Finaxar Singapore

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Beforepay Group vs
Jelli Finance Co.
Jelli Finance Co. United States

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FAQ About Beforepay Group

Beforepay Group is Australia's leading provider of ethical lending products.
Beforepay Group was founded in 2019.
Beforepay Group is headquartered in Australia.
Beforepay Group operates in Financial Services and Fintech. Its work centres on pay advance, ethical lending, financial wellness and consumer finance.
Beforepay Group has approximately 54 employees.
Beforepay Group has completed 5 funding rounds, raising a total of $69.90M. The latest funding stage is Corporate Round.
Top alternatives and competitors to Beforepay Group include EarnIn, Finaxar, Jelli Finance Co., Phocket - Instant Access to Cash, Credit Genie. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Beforepay Group and EarnIn are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Beforepay Group, https://bouncewatch.com/company/beforepay-group, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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