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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.
Social
X
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
Ranked
Employee Count
2 as on May 31, 2026
Similar Companies
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:lockFilter this list
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
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Symple's founders and board of directors

Founder? Claim Profile
The founders of Symple are Paul Byrne and Bob Belan.
Here are the details of Symple's key team members:

Symple's employee count trend

Symple has 2 employees as of May 26. Here is Symple's employee count trend over the years:
Employee count trend for Symple
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Plenti
Plenti
2014, Sydney (Australia), Public
Online P2P lending platform for consumer loans
-
58/100
2nd
Logo for Pepper Money
Pepper Money
2000, Sydney (Australia), Public
Online platform offering diversified loans
-
-
54/100
3rd
Logo for Wisr
Wisr
2006, Sydney (Australia), Public
Online P2P lending platform for consumer loans
$98K
54/100
4th
Logo for SocietyOne
SocietyOne
2011, Sydney (Australia), Acquired
Online personal P2P unsecured loans
$29.5M
49/100
5th
Logo for MoneyPlace
MoneyPlace
2014, Melbourne (Australia), Acquired
Online platform for unsecured consumer and personal loans
$60M
48/100
6th
Logo for Symple
Symple
2018, Hawthorn (Australia), Acquired
Online marketplace for consumer loans
$36M
40/100
7th
Logo for Valiant Finance
Valiant Finance
2015, Surry Hills (Australia), Unfunded
Provider of business loans and lending solutions for small businesses
-
-
35/100
8th
Logo for Stratton Finance
Stratton Finance
1998, Port Melbourne (Australia), Acquired
Online marketplace for auto loans
-
30/100
9th
Logo for Chippit
Chippit
2022, Docklands (Australia), Seed
Developer of an app-based P2P lending platform
-
29/100
10th
Logo for Loans.com.au
Loans.com.au
2011, Brisbane (Australia), Unfunded
Provider of loan products for home, car, and caravan purchases
-
-
28/100
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Symple's Investments and acquisitions

Symple has made no investments or acquisitions yet.

News related to Symple

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FAQs about Symple

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