News and Announcements
Online pet-sitting start-up Mad Paws raises $5m including from airline Qantas
- Published December 20, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Qantas is among a group of investors that have poured money into a $5 million funding round for pet services online marketplace Mad Paws, as it plans to become the go-to site for animal owners looking for services like pet sitting, dog walking, training and grooming.
The airline said Mad Paws was a good fit for investment as nearly two-thirds of its customers were pet owners, and viewed the need to find care for their animals as an important part of their travel plans.
Mad Paws was founded by Belgian Sydneysider Alexis Soulopoulos, alongside FlareHR co-founder Jan Pacas, Marley Spoon’s Rolf Weber, Sellable managing director Justus Hammer and ParcelPush co-founder Bjorn Behrendt.
Read the full article here.
Company Updates
Beyond Bank Approvals: Inside Oxyan’s 60-Second Bet on Small-Ticket SME Tech
While three-quarters of SME tech purchases fall below traditional financing thresholds, fintech lender Oxyan is using embedded, 60-second approvals and a Covid-tested 2% loss rate to turn small-ticket IT leasing into a defensive private credit asset.
Why lenders with the right policy never find the borrowers who need it
Jordan Ralph spent two decades inside banks watching good borrowers get declined. His diagnosis is not that lenders are too strict. It is that finding the right borrower costs more than the loan is worth. Every time an Australian borrower approaches a lender, they rebuild their financial profile from scratch. Identity verified again. Income proved […]
Michael Myer joins Valloop Australia as senior advisor
Valloop Australia has appointed seasoned founder, venture capitalist, and Sidney Myer’s grandson Michael Myer as Senior Advisor. Bringing four decades of business leadership, he will help Australian SME owners and their advisers evaluate employee ownership as a path to realise value and secure their legacy.
Backed By Leading Investment Groups and Family Offices
