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 +1
Employees 54
Industries Financial Services, Fintech
Funding Stage Corporate Round
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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.

Taxonomy: 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 •••••• 2
Investor
•••• ••••
18 Oct 2023
Series A •••••• 2
Investor
•••• ••••
13 Jan 2021
Series A •••••• 1 •••• •••• 14 Sep 2020
Seed Round •••••• 2
Investor
•••• ••••
15 Aug 2019
Pre Seed Round •••••• 1
Investor
01 Jun 2019

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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 the following industries: Financial Services, Fintech.
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 Blue Krypto, Atome, Direct Lending, Xaggo, Zilla. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Beforepay Group and Blue Krypto 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.

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