Tech

Parpera closes $ 1.3 million to accelerate the launch of Australia’s first BaaS-enabled product

Parpera, the only money management platform for traders, freelancers and entrepreneurs, has been oversubscribed to accelerate the launch of Australia’s first Banking-as-a-Service (BaaS) -enabled service. Closed $ 1.3 million.

The funding round consists of investments from several existing and new talented investors, including Melbourne-based funds, Equitable Investors (as leads), and family offices with strong and relevant industry experience. it was done.

The funding will fund Parpera for launch and growth, rapidly deploying innovative platforms and better managing the funding for approximately 2.4 million Australian business owners.

“We are for businesses that new investors have joined our team, existing investors, and communities and have been unserviced by existing financial institutions for a long time and have presented us. We welcome you to create what you believe will be the future of money. Palpera’s founder and chief executive officer, Daniel Canizaro (pictured), said:

The oversubscribed funding follows last year’s $ 1 million equity crowdfunding funding from approximately 340 investors, funding the construction of the industry’s first business platform.

89% of Australia’s 2.4 million actively traded businesses are micro enterprises with 1 to 4 employees, representing the fastest growing business segment.

Parpera enables this fast-growing microbusiness segment to launch, manage and build businesses in a new digital-based economy.

Earlier this week Palpera announcement It begins with partnering with Railspay to offer Australia’s first Banking-as-a-Service product. A fully mobile app-based business solution that includes instant access to Volt bank accounts, Mastercard business debit cards, billing, faster payments, intelligent cash flow and tax reporting, and receipt capture capabilities.

Parpera is now available to the only qualified Australian traders, starting with investors, waiting lists, and the general public over the next few weeks.

Fully launched in Australia, Parpera plans to raise additional capital and leverage its platform to expand globally and is already active with several Southeast Asian companies expressing demand for its capabilities. We are having a good discussion.



Parpera closes $ 1.3 million to accelerate the launch of Australia’s first BaaS-enabled product

Source link Parpera closes $ 1.3 million to accelerate the launch of Australia’s first BaaS-enabled product

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