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Earlytrade

Earlytrade creates a positive change in the way businesses.

Backed by

Shearwater CapitalShearwater Capital
Nev PowerNev Power
John WiddupJohn Widdup
Bob McKinnonBob McKinnon

Raised 2.5M EQUITY on May 1, 2019

About

Earlytrade is a Sydney-based fintech marketplace that connects suppliers and corporate buyers, enabling suppliers to offer dynamic discounts to incentivize early invoice payments.

Mission

Earlytrade is a Sydney-based fintech marketplace that connects suppliers with corporate clients and enables suppliers to offer discounts for early payment. The company was founded in 2016 by Guy Saxelby and Piers Symons. It closed a $6 million funding round, with new venture fund Shearwater Growth Equity contributing $2.5 million to lead the round. Other participants in the round included high-net-worth individuals Nev Power, Bob McKinnon, and John Widdup. Earlytrade’s product focuses on incentivising earlier payments through a marketplace model. Founder Guy Saxelby said the company is trying to build an ecosystem that incentivises early payments.

Quick Facts

Founded

2016

Funding

EQUITY

Industry

Financial Services, Software

Team Size

11-50

Headquarters

Sydney, New South Wales, Australia