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

15 March 2023
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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Ross Horsburgh joins Shift as Treasurer

28 February 2023
Sydney, Australia 1st, March, 2023 – Shift, a provider of credit and payments platforms that help Australian businesses trade, pay and access funds, has announced the appointment of Ross Horsburgh to the newly created role of Treasurer.  Reporting to Shift Chief Financial Officer Cameron Small, Ross is charged with driving the Shift treasury function, including…
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Shift Closes $AUD27m Series C Equity Raise Fuelled by Record Growth 

15 February 2023
SYDNEY, AUSTRALIA – 15, February, 2023 – Shift, a leading provider of credit and payment platforms for Australian businesses, announced today that it has closed an AUD27 million Series C funding round, led by Sequoia Capital Southeast Asia   The funding round comes on the heels of a recent AUD140 million increase in Shift’s debt funding…
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Shift expands tech leadership team

11 October 2022
Shift, a provider of credit and payments platforms that help businesses trade, pay and access funds, has expanded its leadership team with two senior appointments.  Ricky McAlister has been appointed Head of Engineering while Melinda Anderson has taken up the role of Head of Product Design.  As Head of Engineering, Ricky leads a team that…
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Shift launches Equipment Line revolving credit facility

29 August 2022
Transforms equipment finance   29 August, 2022, Sydney, Australia – Shift, a provider of credit and payment platforms to Australia brokers and businesses, has launched Equipment Line, giving businesses a simple, consistent and easy-to-access revolving credit facility for asset purchases.  According to Kristian McCausland, Equipment Line is the first revolving facility for asset finance which is…
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Shift Connect release puts brokers in control with actionable, on-demand insights

18 March 2022
Shift, a provider of credit platforms to brokers and their clients, today announced the latest release of Shift Connect, focused on giving brokers access to client insights and data. With Shift Connect brokers are now able to have a real time view of their clients' financial position. From indicative limits to a snapshot of the…
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