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Shift expands Broker leadership team with a senior appointment 

Sydney, Australia – 31 August 2023 – Shift, a leading provider of credit and payment products to Australian businesses, today announced the appointment of Andrew Wagg to the role of Head of Broker Sales.   With over 20 years of experience in financial services, including extensive credit and intermediary relationship management, Andrew brings with him a […]

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Shift increases warehouse funding by $250 million 

SYDNEY, AUSTRALIA – 20 July, 2023 – Shift, a leading provider of credit and payment platforms for Australian businesses, today announced the completion of a new funding warehouse, increasing its external funding capacity by an additional $250 million to over $1 billion.  The new facility is Shift’s second warehouse funded by a big four Australian bank […]

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OFX international payments integrate with the Shift Business Overdraft 

3 July 2023   Integration overview:   OFX’s specialist foreign exchange (FX) service provides a seamless, cost-effective alternative to those traditionally offered by banks. OFX sends money to over 170 countries in 50+ currencies and has transferred over AU$200bn+. Shift is a leading provider of credit and payments platforms for Australian businesses. Shift helps businesses trade, pay […]

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Shift’s revolving credit product gives businesses certainty of spend

70% of Equipment Line transactions initiated by brokers SYDNEY, AUSTRALIA – 8 June, 2023 – Brokers are looking to revolving credit products to give their customers certainty of spend, with over 70 per cent of transactions carried out through Shift’s Equipment Line being initiated by brokers since its launch last year.   Equipment Line is Shift’s revolving […]

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Shift integrates with FoodByUs

Partnership simplifies and streamlines procurement and payments for Australian restaurants, cafes, pubs and clubs  Sydney, Australia, 5 April 2023 – Shift, a provider of credit and payments platforms to Australian businesses, today announced an integration with FoodByUs, Australia’s largest online wholesale food ordering platform which connects thousands of restaurants and cafes with thousands of suppliers.  FoodByUs […]

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Shift completes debut public deal: $200m Asset Backed Securitisation (ABS) 

SYDNEY, AUSTRALIA – 16 March, 2023 – Shift, a leading provider of credit and payment platforms for Australian businesses, today announced the completion of a $200 million ABS, the Shift 2023-1 Trust, which is the company’s inaugural public deal.  Issued to a range of Australian and international institutional investors, the ABS is supported by a […]

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