What it sells
Business payments platform that lets Australian businesses pay bills, suppliers, tax, rent and super by card and earn rewards points.
Business model breakdown
Buyer: who owns the budget?
UnverifiedBusiness owners and finance/accounts-payable leads at Australian SMEs, plus accountants and bookkeepers managing client payments.
Trigger: what makes them buy now?
UnverifiedWanting to earn card rewards on bills that normally cannot be paid by card (ATO, BAS, payroll, rent, super, suppliers) and to extend cash-flow float.
Workflow: what inputs become what output?
Pay any bill (ATO, BAS, payroll, rent, suppliers) via the platform, sync with Xero or MYOB, earn and redeem PayRewards points.
Economics: what it saves and how it charges
Per-transaction platform fee on card payments (Visa/Mastercard 1.00-1.20%, AMEX 1.75-2.10% tiered by volume) plus monthly plan fees; PayRewards points add-on from 1%.
Distribution: how it reaches customers
Self-serve signup, accountant/bookkeeper channel, Xero and MYOB integrations.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-08-28 | — | $28M | — | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-13.