Company:Earlypay
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| Type | Public |
|---|---|
| ASX: EPY | |
| Industry | Financial services |
| Founded | Sydney, Australia (2001) |
| Headquarters | , |
Key people | James Beeson, CEO |
Earlypay is an Australian company listed on the Australian Stock Exchange. Earlypay provides business finance to Australian small to medium size businesses.[1][2]
History
The business was founded by Daniel Riley and his father, Greg Riley, in 2001. Initially established as a labour hire business, the organisation translated to a finance provider for labour hire businesses as well as other sectors. Formerly, known as CML Group Limited, the business re-branded to Earlypay in November 2020.[1] Earlypay provides business finance Australia-wide including Invoice Finance, Asset and Equipment Finance, and Foreign Exchange Payments and risk management.[2][3]
In June 2022, Earlypay launched Earlypay Business Finance and Lending Training and Development Scholarship Program for finance professionals in partnership with Accendo Financial. Comprising an 11-week business finance and lending course, part of the program attracts CPD points with industry bodies; the Finance Brokers Association of Australia (FBAA), the Commercial and Asset Finance Brokers Association (CAFBA) and the Mortgage and Finance Association of Australia (MFAA).[4][5][6]
In 2021, Earlypay raised $18 million AUD and acquired Skippr, an online invoice financing platform.[7][8]
References
- ↑ 1.0 1.1 "Earlypay lifts guidance as funding off invoices grows" (in en). 2022-02-02. https://www.afr.com/companies/financial-services/earlypay-lifts-guidance-as-funding-off-invoices-grows-20220202-p59t5j.
- ↑ 2.0 2.1 Sunarto, Eddy (2022-02-14). "Under the radar? We talk to Earlypay CEO Daniel Riley on its long history of profits and dividend payouts" (in en-US). https://stockhead.com.au/tech/under-the-radar-we-talk-to-earlypay-ceo-daniel-riley-on-its-long-history-of-profits-and-dividend-payouts/.
- ↑ Zhang, Tony (2022-05-23). "Businesses urged to adopt cloud-based software" (in en). https://www.accountantsdaily.com.au/technology/17035-businesses-urged-to-adopt-cloud-based-software.
- ↑ "Earlypay flags profit growth of 40% for 2022 | RFI Global". https://www.rfigroup.com/australian-banking-and-finance/news/earlypay-flags-profit-growth-40-2022.
- ↑ "Analysing suitable ways of funding for businesses | Expert talks with Daniel Riley" (in en). https://kalkinemedia.com/au/video/analysing-suitable-ways-of-funding-for-businesses-expert-talks-with-daniel-riley.
- ↑ Aubrey, Kate (2022-06-07). "Earlypay launches scholarship program for brokers" (in en). https://www.theadviser.com.au/broker/43015-earlypay-launches-scholarship-program-for-brokers.
- ↑ Review, G. T. (2021-06-29). "Earlypay raises A$18mn for trade finance push" (in en). https://www.gtreview.com/news/asia/earlypay-raises-a18mn-for-trade-finance-push/.
- ↑ "Earlypay produces record half of trading" (in en-US). 2022-02-01. https://australianfintech.com.au/earlypay-produces-record-half-of-trading/.
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