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Shift completes $150 million ABS transaction
Sydney, Australia - 10 March 2022 – Shift, a provider of credit and payment platforms for Australian businesses, today announced the issuance of $150 million in asset-backed securities (ABS), supported by a pool of equipment finance loans to Australian businesses. The transaction marks Shift’s inaugural ABS transaction, achieving a AAA rating (Moodys), validating the quality…
Read moreShift grows merchant team
Shift, a provider of credit and payment platforms, has announced the expansion of its merchant team. As part of the expansion, Paul Barker has joined the team in the newly created leadership role of Merchant Sales Director, while Elizabeth Vella has taken on the also newly-created role of National Manager, Go-to-Market and Projects. Paul's pedigree…
Read moreShift launches 26 weeks paid parental leave
Sydney, 23 November, 2021 - Shift, a provider of credit and payment platforms to Australian businesses, has set the bar for paid parental leave in the Australian finance industry, now offering staff 26 weeks paid parental leave, with two weeks of paid leave for secondary carers and partners. This new leave is available to all full-time employees as soon as they complete their probation,…
Read moreShift establishes $500 million warehouse to support accelerating growth
Sydney, 27 October, 2021 - Shift (formerly GetCapital) today announced that its warehouse funding capacity has reached over $500 million. Shift Chief Executive Officer, Jamie Osborn, commented that the expanded facility and ongoing support of funders, including a new international institutional investor and the recent approval of the Australian Office of Financial Management’s (AOFM) Australian…
Read moreGetCapital rebrands to Shift
Offering Australian businesses finance on demand 26 October 2021, Sydney Australia – GetCapital, a provider of credit and payment platforms to Australian businesses, today rebranded as Shift as part of its ongoing mission to deliver simpler, easier to manage finance solutions. Alex Pasminka, Chief Marketing Officer of Shift, commented that the name “Shift” is a…
Read moreGetCapital joins Tech Council of Australia
4 October 2021, Sydney Australia – GetCapital, a provider of credit and payment platforms to Australian businesses, today announced that it has joined the Tech Council of Australia. With a strong focus on tech-driven innovation and digitisation, Jamie Osborn, Founder and Chief Executive Officer of GetCapital commented that the company welcomed the chance to be part of…
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