The company’s focus will be on advancing Moula’s growth by investing in our people and evolving our application of machine learning and AI to our business lending projects, including Moula Pay.
Ari Allegos, Co-Founder & CEO of Moula
Moula
$35m raised for Moula since 2017, funding the next generation of products.
Henslow has acted as Lead Manager to a series of capital raises for Moula, the latest being a $20m Series D equity funding round. The round was cornerstoned by new shareholders Escala Partners and existing shareholders Liberty Financial and Acorn Capital.
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Founded in 2013, Moula is a leading online lending platform to Australian SMEs. Moula uses cloud accounting data to provide complete credit data which can be analysed automatically, enabling smart and efficient credit decisions. The business has two established products in the market and has recently launched a third product, Moula Pay, enabling SMEs to pay for business purchases of up to $250,000 with 12 months to repay and the first 3 months interest and repayment free.
The Highlights
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20,000+
business loan applications processed
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124%
increase in loan book in 2019
An experienced and well-backed leading online lending platform to Australian SMEs
As Moula consistently achieves their stated milestones, we look forward to working with them in the future and continue to support the company’s strong growth profile.
| December 2017 |
Growth - $8.0m |
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| December 2018 |
Growth - $7.5m |
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| December 2019 |
Series D - $20.0m |
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