Moneytech Group Limited
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Moneytech Group Limited - overview
Established
2003
Location
Haymarket, NSW, Australia
Primary Industry
Financial Services
About
Based in Sydney, Australia, and founded in 2003 by Managing Director Hugh Evans, Moneytech Group Limited, a. k. a. Moneytech operates as an end-to-end financial services provider in the non-bank market that primarily helps small and medium enterprises (SMEs) by offering cash flow solutions as well as foreign exchange and payments automation capabilities.
The firm partners with Australian businesses to give them the finance to grow and delivers more than USD 5 billion in finance to Australian businesses annually. In November 2021, Colinton Capital Partners, along with CVC Capital Partners invested AUD 25 million in Moneytech Limited. The company’s product line includes Monoova Payments, Moneytech FX, and Moneytech Finance. Moneytech Finance provides working capital finance solutions including debtor finance, trade finance, line of credit finance, equipment finance, and term loans.
The Monoova Payments business provides an advanced automated payment services platform for businesses. At the same time, Moneytech FX is its foreign exchange services operation that allows managing all financial requirements in one place.
Current Investors
Colinton Capital Partners, 248 Growth Partners, UniSuper
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software, Systems Management Software
Website
www.moneytech.com.au
Verticals
Cloud Computing, FinTech, FinTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Moneytech Group Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Moneytech Group Limited | - | ||||||||
| Growth | Completed | Moneytech Group Limited | - | ||||||||
| Growth | Completed | Moneytech Group Limited | - | ||||||||
| LP Direct | Completed | Moneytech Group Limited | - |
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