Banking Tech · Australia, India

Best Banking Tech Companies in Australia

Updated 2026-06-20 · Ranked by funding & momentum

154 indexable Banking Tech companies headquartered in Australia, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $2.3B across 34 funded companies, including 1 unicorn.

154
Companies
$2.3B
Total Funding
34
Funded
1
Unicorns
0
Rounds (90d)

Ranked: Best Banking Tech companies in Australia

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Encompass
Provider of automated software for corporate identity and compliance verification
$197.7M $215.3M
as of 2024
Series B Conventional Debt Oct 2025 206 2011 ↑ Active
2 Peppermint Innovation
Proprietary Mobile Banking Technology provider
$3.7M Public Post IPO Mar 2026 20 2007 ↑ Active
3 InDebted
Cloud-based debt collection solutions for businesses
$91.8M $350M
as of 2024
Series C Series C Sep 2024 250 2015 ↑ Active
4 Findi
Provider of digital payment and ATM services
$25.4M Public Post IPO Mar 2025 1992 ↑ Active
5 givvable
Provider of solutions for managing sustainable sourcing
$258.6K Seed Seed Apr 2026 15 2019 ↑ Active
6 Judo Bank Unicorn
Digital bank for businesses
$1.2B $1.9B
as of 2021
Public Series D Jun 2021 666 2016
7 Constantinople
Software-based customer management platform for banks
$54.4M Series A Series A Apr 2024 60 2022
8 Primary
Treasury management platform
$4.8M Seed Sep 2024 7 2022 ↑ Active
9 Incredo
Credit assessment solutions provider.
$60.3M Series C Series C May 2023 2014
10 Xinja
Neobank for consumers
$259.4M Deadpooled Series C Mar 2020 120 2017
11 Trade Ledger
Loan origination solution for business loans
$26.3M Acquired Conventional Debt May 2023 50 2016
12 Volt
Cooperative bank
$119.2M Series E Series E Jun 2021 2017
13 Avenue Bank
Developer of the digital bank for businesses
$37M Series B Series B Feb 2021 29 2018
14 Lygon
Provider of a blockchain-based platform for bank guarantee processing
$14.4M Series A Series A Apr 2022 50 2017
15 Alex
Provider of a digital bank for individuals
$20M Series C Series C Sep 2021 59 2018
16 Waave
Provider of real-time payment processing services using Australia's PayTo network
$4.7M Acquired Seed Apr 2023 6 2022
17 Sherlok
Provider of automated mortgage rate tracking and repricing solutions
$3.4M Seed Seed Jun 2023 19 2021
18 PractiFI
Provider of wealth management CRM software for financial advisors
$19.8M Series B Series B Jan 2020 82 2013
19 86 400
Digital bank for individuals
$21M Series A Series A Apr 2020 111 2017
20 iSignthis
AML/KYC software for preventing Card Not Present (CNP) fraud
$19.2M Public Post IPO Oct 2018 30 1996
21 Simpology
Cloud-based loan software
$11.6M Series B Series B Jun 2021 38 2006
22 Mist
Provider of an internet first bank for international students
$1.1M Seed Seed Dec 2023 8 2021
23 Verrency
Provides payment solutions for banks
$13.9M Series A Series A Jun 2019 25 2016
24 Clever
AI-based personal finance management solution
$3.1M Seed Seed Aug 2022 19 2020
25 Tapp Group
App-based correspondent banking solution
$12.9M Series A Series A Jun 2016 80 2013
26 Avoka
Digital sales enablement and manage customer facing business transactions
$12M Acquired Series A Dec 2017 270 2005
27 Douugh
Digital bank for individuals
$2.5M Public Post IPO Mar 2022 22 2016
28 Flamingo
AI-based customer support chatbots and virtual assistance solutions for the insurance industry
$7.6M Deadpooled Post IPO Dec 2017 17 2014
29 Parpera
Provider of management consulting and financial services
$2.1M Series A Series A Oct 2021 9 2020
30 AuditCover
Online tax audit insurance platform for individuals and businesses
$1.7M Seed Seed Mar 2022 12 2018
31 FinchXP
Open banking API solutions
$2.5M Seed Seed Nov 2017 5 2016
32 ResponSight
Threat detection using behavioral analytics
$937.5K Seed Grant (prize money) Feb 2020 6 2015
33 Mozo
Comparison platform for financial products with crowd soured data serving as reference
$1.4M Acquired Post IPO 46 2008
34 BreezeDocs
Automated document processing software application
$250K Seed Grant (prize money) Mar 2014 2013
35 ThirdRoc
Online lending platform for buy now and pay later financing
Seed Seed Jul 2023 2022
36 Basiq
Open banking API
Acquired Series B Nov 2021 65 2016
37 Koverd
Provider of document maintenance solutions for insurance policies
Seed Seed Jun 2021 6 2021
38 Alfa Systems
Developer of software platform for asset and auto finance operations
Public Post IPO Nov 2019 91 1990
39 Moroku
White-label mobile banking and payments platform for banks.
Series A Series A Jun 2016 11 2012
40 AN Support Services India Private Limited
Provider of financial solutions for individuals and businesses
Public Post IPO Aug 2015 44,896 1835
41 FinSuite
Automation software leveraging OCR for BFSI
Acqui-Hired Seed Sep 2014 2010
42 Finsa
Cloud-based white labeled CFD and spread trading solutions
Seed Seed Jun 2013 16 2013
43 1derful
Digital bank for individuals
Funding Raised 2020
44 Access Intell
Credit risk management software solutions for financial institutions
Unfunded 7 2018
45 AFG
Mortgage broker technology and support provider
Public 278 1994
46 All2Ezy
Developer of CRM software for financial service providers
Unfunded 1999
47 Alpha Finance
Provider of equipment financing solutions
Unfunded 35 2014
48 AMAL
Loan servicing solution provider
Acquired 1994
49 ApplyEasy
Automated credit application solutions
Unfunded 2010
50 Arctic Intelligence
Provider of financial crime risk assessment and compliance management software
Funding Raised 30 2011

Top 12 Banking Tech companies in Australia

#1
Encompass Series B
$197.7M Raised
expand_more
location_onSydney, New South Wales
Founded
2011
Employees
206
Funding raised
$197.7M
Valuation
$215.3M · 2024
Stage
Series B

Provider of automated software for corporate identity and compliance verification. This platform aggregates public and private data to generate digital risk profiles for business entities. It automates the collection and processing of information required for regulatory due diligence, beneficial ownership checks, and sanctions screening. The software integrates with existing banking systems to facilitate identity val

Funding rounds (12 disclosed of 13)
Round Date Amount
Conventional Debt Oct 2025 Undisclosed
Series B Jul 2025 $7.5M
Series B Jul 2024 $10.3M
Series B Dec 2023 $11.9M
Series B Jun 2023 $5.1M
Series B Sep 2022 $16.3K
7 earlier rounds — sign up free
Tech stack
amazon sesamazon web servicesapple icloud mailcloudflarecloudflare bot managementcore-js+14
#2
$3.7M Raised
expand_more
location_onPerth, Western Australia
Founded
2007
Employees
20
Funding raised
$3.7M
Stage
Public

Peppermint Innovation Limited is a company focused on the commercialisation of a proprietary Mobile Banking, Payments and Remittance technology, designed for banks, mobile money operators, remittance companies, payment processors, retailers/merchants, credit card companies, and microfinance institutions.

Funding rounds (4 disclosed of 4)
Round Date Amount
Post IPO Mar 2026 $1.5M
Post IPO Mar 2024 $717K
Post IPO Jun 2018 $700K
Post IPO Apr 2018 $767.1K
Tech stack
wordpressmysqlphpyoast seolitespeedsite kit+8
#3
InDebted Series C
$91.8M Raised
expand_more
location_onSydney, New South Wales
Founded
2015
Employees
250
Funding raised
$91.8M
Valuation
$350M · 2024
Stage
Series C

Cloud-based debt collection solutions for businesses The offering includes omnichannel communications, receivable management, payments & reconciliation, self-service customer portal, API integration, report analytics, and code compliance. It provides settlement negotiation, dispute management, payment plan management, data management & reporting, and more.

Funding rounds (5 disclosed of 7)
Round Date Amount
Series C Sep 2024 $40M
Series B Jul 2022 $22.5M
Series B Jul 2021 $25M
Series A Feb 2021 Undisclosed
Series A Mar 2020 $9.1M
Seed May 2017 $1M
1 earlier round — sign up free
Founders & key people
Tech stack
accessibealpine.jsamazon cloudfrontamazon s3amazon sesamazon web services+14
#4
Findi Public
$25.4M Raised
expand_more
location_onMelbourne, Victoria
Founded
1992
Funding raised
$25.4M
Stage
Public

Provider of digital payment and ATM services. This entity offers last-mile payment solutions, facilitating banking services, utility payments, money transfers, and e-commerce transactions. It also provides ATM transaction processing and managed services for banks and white-label operators, including an outsourced e-surveillance solution leveraging machine learning and artificial intelligence. The company's services e

Funding rounds (1 disclosed of 1)
Round Date Amount
Post IPO Mar 2025 $25.4M
Tech stack
amazon sesamazon web servicescloudflarecloudflare bot managementgodaddyhttp/3+12
#5
givvable Seed
$258.6K Raised
expand_more
location_onSydney, New South Wales
Founded
2019
Employees
15
Funding raised
$258.6K
Stage
Seed

Provider of solutions for managing sustainable sourcing. It connects suppliers and buyers on the platform. And enables businesses to search & find verified suppliers, source procurement, track spending with a real-time dashboard, and more.

Funding rounds (1 disclosed of 2)
Round Date Amount
Seed Apr 2026 Undisclosed
Grant (prize money) Feb 2024 $258.6K
#6
Judo Bank Unicorn Public
$1.2B Raised
expand_more
location_onMelbourne, Victoria
Founded
2016
Employees
666
Funding raised
$1.2B
Valuation
$1.9B · 2021
Stage
Public

Digital bank for businesses. It is a challenger bank that lends to small and medium-sized businesses in Australia. It is Australia’s third-largest bank lender to the business sector and provides loans including lines of credit, business loans, and equipment loans to businesses.

Funding rounds (9 disclosed of 9)
Round Date Amount
Series D Jun 2021 $174M
Series D Dec 2020 $284M
Series C May 2020 $147.7M
Grant (prize money) Apr 2020 $308.3M
Conventional Debt Mar 2020 $206.4M
Series B Jul 2019 $276.2M
3 earlier rounds — sign up free
Tech stack
amazon s3amazon web servicesamobeecloudflarecloudflare bot managementcloudflare browser insights+14
#7
Constantinople Series A
$54.4M Raised
expand_more
location_onSydney, New South Wales
Founded
2022
Employees
60
Funding raised
$54.4M
Stage
Series A

Software-based customer management platform for banks. It offers a cloud-based platform to help banks manage their customers, offer banking products, and more.

Funding rounds (2 disclosed of 2)
Round Date Amount
Series A Apr 2024 $33M
Seed May 2023 $21.4M
Tech stack
amazon sesamazon web servicesapple icloud mailcloudflarecloudflare bot managementgoogle analytics+14
#8
Primary Seed
$4.8M Raised
expand_more
location_onSydney, New South Wales
Founded
2022
Employees
7
Funding raised
$4.8M
Stage
Seed

Developer of a treasury management platform intended to provide secure and transparent treasury management. The company's platform includes features such as real-time data, automated workflows, and integrated risk management, enabling financial institutions to manage their cash and investments securely.

Founders & key people
#9
Incredo Series C
$60.3M Raised
expand_more
location_onMelbourne, Victoria
Founded
2014
Funding raised
$60.3M
Stage
Series C

Incredo provides lenders a tool which delivers a secure way to retrieve and assess the customer’s bank statements and overview of their customer’s financial position. It automates the processes for assessing a credit applicants financial position. The borrower's bank account data is retrieved and converted into a customised report that breaks down critical information, relevant to the credit product, into categor

Funding rounds (7 disclosed of 7)
Round Date Amount
Series C May 2023 $30M
Series B Jun 2019 $22M
Grant (prize money) Mar 2019 $56.7K
Grant (prize money) Oct 2018 $19.2K
Series A Sep 2017 $8.1M
Grant (prize money) Feb 2017 $52.9K
1 earlier round — sign up free
Tech stack
cloudflarecloudflare turnstilegoogle analyticshstshttp/3jquery+6
#10
Xinja Deadpooled
$259.4M Raised
expand_more
location_onSydney, New South Wales
Founded
2017
Employees
120
Funding raised
$259.4M
Stage
Deadpooled

Xinja is a neobank for consumers. It offers services such as deposit accounts, money transfers, bill payments, debit cards for online/offline purchases, and more. It offers an app-based platform that is available on iOS & Android devices. It also offers Stash for alternative savings accounts.

Funding rounds (5 disclosed of 6)
Round Date Amount
Series C Mar 2020 $92.5M
Series B Mar 2019 $1.8M
Series B Mar 2018 $2M
Series B Jan 2018 Undisclosed
Series A Dec 2017 $3.8M
Seed May 2017 $1.5M
Founders & key people
#11
Trade Ledger Acquired
$26.3M Raised
expand_more
location_onSydney, New South Wales
Founded
2016
Employees
50
Funding raised
$26.3M
Stage
Acquired

Trade Ledger provides a loan origination solution for business loans. It enables lenders to automate the lending process and offers invoice lending, receivables management, supply chain finance management, and more. It allows lenders to automate the invoice purchase process and analyze the risk of collaterals.

Funding rounds (4 disclosed of 5)
Round Date Amount
Conventional Debt May 2023 $3.7M
Series A Feb 2021 $24M
Seed Oct 2019 $1.9M
Seed 2017 $390.8K
Venture Debt Undisclosed
#12
Volt Series E
$119.2M Raised
expand_more
location_onSydney, New South Wales
Founded
2017
Funding raised
$119.2M
Stage
Series E

Cooperative bank

Funding rounds (4 disclosed of 4)
Round Date Amount
Series E Jun 2021 $37.7M
Series C Jan 2020 $48.1M
Series C Mar 2019 $25M
Series A Jan 2019 $8.4M
Founders & key people

Recent signals in Australia Banking Tech

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Funding & investor landscape

Total raised
$2.3B
across these companies
Companies funded
34
with disclosed funding
Highest-funded
$1.2B raised

Most active investors

Carthona Capital Carthona Capital 4 investments in Banking Tech Seed Space Seed Space 4 investments in Banking Tech Allectus Capital Allectus Capital 3 investments in Banking Tech Investible Investible 3 investments in Banking Tech Stone & Chalk Stone & Chalk 3 investments in Banking Tech AirTree AirTree 2 investments in Banking Tech Antler Antler 2 investments in Banking Tech Archangel Archangel 2 investments in Banking Tech Cuscal Cuscal 2 investments in Banking Tech Microequities Microequities 2 investments in Banking Tech Perennial Perennial 2 investments in Banking Tech Reinventure Group Reinventure Group 2 investments in Banking Tech

Notable founders in Australia Banking Tech

Wayne Johnson Wayne Johnson Co-Founder & CEO Encompass · $197.7M raised
Roger Carson Roger Carson Co-Founder Encompass · $197.7M raised
CK Christopher Kain Founder & CEO & Managing Director Peppermint Innovation · $3.7M raised
Josh Foreman Josh Foreman Founder & CEO InDebted · $91.8M raised
MK Mohnish Kumar CEO & Managing Director Findi · $25.4M raised
FA Frances Atkins Co-Founder givvable · $258.6K raised
NV Naomi Vowels Director & Co-founder givvable · $258.6K raised
CB Chris B Co-Founder & CEO & Managing Director Judo Bank · $1.2B raised
David Hornery David Hornery Co Founder & Non Executive Director Judo Bank · $1.2B raised
Joseph Healy Joseph Healy Co-Founder Judo Bank · $1.2B raised
Macgregor Duncan Macgregor Duncan Co-Founder & Co-CEO Constantinople · $54.4M raised
Dianne Challenor Dianne Challenor Co-Founder & Co-CEO Constantinople · $54.4M raised

Frequently asked questions

How many Banking Tech companies are there in Australia?
Radar tracks 154 indexable Banking Tech companies headquartered in Australia that meet our profile-completeness bar.
What is the total funding raised by Banking Tech companies in Australia?
The Banking Tech companies in Australia on this list have raised a combined $2.3B in disclosed equity funding across 34 funded companies.
Which is the highest-funded Banking Tech company in Australia?
Judo Bank is the highest-funded Banking Tech company in Australia, with $1.2B in disclosed equity funding.
How many Banking Tech companies in Australia are funded?
34 of the 154 Banking Tech companies in Australia on this list have disclosed at least one equity funding round.
How many Banking Tech unicorns are there in Australia?
1 Banking Tech company in Australia on this list is valued at $1B or more.
Who are the top investors in Australia Banking Tech companies?
The most active investors in Australia Banking Tech companies on this list include Carthona Capital, Seed Space, Allectus Capital, Investible, Stone & Chalk.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-20.

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