Earlypay Ltd, the SME-focused fintech lender, has registered record growth in FY21 and posted profits of $8.7 million, despite the many ongoing issues in the SME business sector triggered by the Covid-19 pandemic. The Sydney-headquartered company, which offers accounts receivable financing services and credit solutions to SMEs in Australia, has attributed its success in FY21 to the implementation of its online strategy and new online lending platform. Furthermore, Earlypay’s invoice finance product, which only requires outstanding invoices as security on a line of credit, has enabled the fintech-lender to expand its addressable market significantly.
FinTech’s Green Revolution: Nurturing Sustainable Practices Among Small Businesses
BY Triterras
- 09/04/24
Ashish Srivastava, our Triterras' Chief Commercial Officer shares in-depth with Intelligent Fin.Tech, a global technology intelligence platform which gathers the latest financial information, on how FinTech has emerged as a crucial catalyst, motivating and supporting small to medium enterprises on their path towards environmental responsibility through sustainable trade finance.