Asset Finance startups in Australia
There are 126 Asset Finance startups in Australia which include Dynamoney, Capital Finance, Cash Resources Australia, ASA Finance Group, Classic Funding Group. Out of these, 3 startups are funded, with 7 having secured Series A+ funding.
Over the past 10 years, an average of 2 new companies have been launched annually.
Here is the list of top Asset Finance startups in Australia
1. Dynamoney
Provider of business finance including asset, vehicle, equipment, and insurance funding. It offers specialized products designed to meet the needs of growing businesses. The company provides options to manage cash flow, purchase stock, or invest in business assets. It aims to deliver an easier, faster customer experience through digital platforms.
Key facts about Dynamoney
- Founded Year: 2015
- Location: Sydney (Australia)
- Stage: Series D
- Total Funding till date: $285M
- Investors: Uni-Innovation Group
- Latest Funding Round: Series D, Mar 09, 2024, $*****
- Tracxn Score: 37/100 What is this?
- Competitors Rank: 7 of 107 Competitors
Capital Finance is an asset financing company for the procurement of trucks & trailers, heavy equipment, material handling equipment, rail rolling stock among others in Australia. The types of transactions include operating lease, finance lease, chattel mortgage, hire purchase and novated lease.
Key facts about Capital Finance
- Founded Year: 1995
- Location: Sydney (Australia)
- Stage: Acquired
- Tracxn Score: 26/100 What is this?
- Competitors Rank: 3 of 55 Competitors
Key facts about Cash Resources Australia
- Founded Year: 1985
- Location: Richmond (Australia)
- Stage: Acquired
- Tracxn Score: 24/100 What is this?
- Competitors Rank: 4 of 55 Competitors
Online platform for equipment financing. It is a marketplace connecting businesses with lenders for financing multiple industry equipment including machinery, trucks and trailers, business cars, heavy machinery, excavators and earthmovers, cranes, and more. It selects multiple lenders based on the user's criteria and enables the user to select the desired offer. Once approved, the contract is signed and the funds are transferred to the user. It also provides a loan repayment calculator for calculating monthly repayments and interest rates.
Key facts about ASA Finance Group
- Founded Year: 2015
- Location: Brisbane (Australia)
- Stage: Unfunded
- Tracxn Score: 24/100 What is this?
- Competitors Rank: 1 of 7 Competitors
Classic Funding Group is a vehicle and equipment financing company for the procurement of vehicles, IT equipment, office equipment, clean energy equipment, etc. It provides financial transaction in the form of sale & leaseback. Provides its services in Australia.
Key facts about Classic Funding Group
- Founded Year: 2013
- Location: Sydney (Australia)
- Stage: Unfunded
- Tracxn Score: 23/100 What is this?
- Competitors Rank: 4 of 55 Competitors
