Symple - About the company
Symple is an acquired company based in Hawthorn (Australia), founded in 2018 by Paul Byrne and Bob Belan. It operates as an Online marketplace for consumer loans. Symple has raised $36M in funding from Costa Asset Management. The company has 58 active competitors, including 1 funded and 7 that have exited. Its top competitors include companies like Plenti, Pepper Money and Wisr.
Company Details
Online marketplace for consumer loans. It offers multiple consumer loan products including personal loans, debt consolidation loans, credit card refinancing, car loans, medical loans, travel loans, home improvement loans, and more with customized terms, amounts, and repayment options. Users must add the required details and apply for the loan. Once approved, the funds are transferred to the registered bank account.
- Website
- sympleloans.com.au
- Email ID
- *****@sympleloans.com.au
- Phone Number
- +61 **********
Key Metrics
Founded Year
2018
Location
Hawthorn, Australia
Stage
Acquired
Total Funding
$36M in 4 rounds
Latest Funding Round
Investors
Ranked
6th among 58 active competitors
Employee Count
2 as on May 31, 2026
Exit Details
Acquired by Latitude Group (Aug 09, 2021)
Symple's acquisition details
Symple got acquired by Latitude Group on Aug 09, 2021 at an acquisition amount of $*****.
Click here to take a look at Symple's acquisition in detail
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Symple's funding and investors
Symple has raised a total funding of $36M over 4 rounds. Its first funding round was on Jan 14, 2019. Symple has 2 institutional investors.
Here is the list of recent funding rounds of Symple:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 22, 2021 | 2189737 | Series D | 7024705 | 3939637 | 9291069 | 7413078 |
Dec 09, 2019 | 2511067 | Series C | 2310385 | 3650789 | 8594401 | 6934746 |
Oct 01, 2019 | 6945690 | Conventional Debt | 2030055 | 2596460 | 3852906 |
View details of Symple's funding rounds and investors
Symple's founders and board of directors
Founder? Claim ProfileThe founders of Symple are Paul Byrne and Bob Belan.
Here are the details of Symple's key team members:
- Paul Byrne: Co-Founder & COO of Symple. Contact Info: 2 email addresses
- Bob Belan: Co-Founder & CEO of Symple. Contact Info: 2 email addresses
View details of Symple's Founder profiles and Board Members
Symple's employee count trend
Symple has 2 employees as of May 26. Here is Symple's employee count trend over the years:
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Symple's Competitors and alternates
Top competitors of Symple include Plenti, Pepper Money and Wisr. Here is the list of Top 10 competitors of Symple, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online P2P lending platform for consumer loans | - | 58/100 | ||
2nd | Pepper Money 2000, Sydney (Australia), Public | Online platform offering diversified loans | - | - | 54/100 |
3rd | Online P2P lending platform for consumer loans | $98K | 54/100 | ||
4th | SocietyOne 2011, Sydney (Australia), Acquired | Online personal P2P unsecured loans | $29.5M | 49/100 | |
5th | MoneyPlace 2014, Melbourne (Australia), Acquired | Online platform for unsecured consumer and personal loans | $60M | 48/100 | |
6th | Online marketplace for consumer loans | $36M | 40/100 | ||
7th | Valiant Finance 2015, Surry Hills (Australia), Unfunded | Provider of business loans and lending solutions for small businesses | - | - | 35/100 |
8th | Stratton Finance 1998, Port Melbourne (Australia), Acquired | Online marketplace for auto loans | - | 30/100 | |
9th | Developer of an app-based P2P lending platform | - | 29/100 | ||
10th | Loans.com.au 2011, Brisbane (Australia), Unfunded | Provider of loan products for home, car, and caravan purchases | - | - | 28/100 |
Looking for more details on Symple's competitors? Click here to see the top ones
Symple's Investments and acquisitions
Symple has made no investments or acquisitions yet.
News related to Symple
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Manchester proptech start up signs deal with leading holiday home agentProlific North•Aug 02, 2022•Sykes Cottages, Symple, Symple
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Latitude is buying lending fintech Symple for $200 millionStartup Daily•Aug 10, 2021•Symple, Latitude Financial Services
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NAB: Provides debt for Symple to attack personal lendingFintechinshorts•Sep 25, 2019•National Australia Bank, Symple, Symple
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