Sydney-based financial services company Earlypay has recently announced its acquisition of Timelio, a leading
fintech lending marketplace in Australia. The deal comes as Earlypay aims to expand its presence in the
alternative lending space while further digitizing its operations and services.
Earlypay specializes in offering working capital solutions to small and medium-sized businesses. Through the
acquisition of Timelio, it aims to enhance its customer offerings by leveraging Timelio’s advanced technology
and expertise in invoice financing and supply chain finance.
Timelio, founded in 2014, has gained significant recognition for its innovative peer-to-peer marketplace that
allows businesses to access working capital by selling their outstanding invoices to investors. The platform
provides a streamlined and efficient alternative to traditional financing options, reducing the complexities and
costs usually associated with borrowing for businesses.
This strategic acquisition will allow Earlypay to tap into Timelio’s extensive network of investors and borrowers
while providing Timelio with the necessary resources and support to continue its growth journey. The combination
of their complementary strengths is expected to accelerate the development of new financial solutions for
businesses in need of working capital.
Daniel Riley, CEO of Earlypay, expressed his excitement about the acquisition, stating, “We are thrilled to
welcome Timelio to the Earlypay family. This acquisition marks a significant milestone in our growth strategy
and reaffirms our commitment to supporting businesses with flexible and efficient financing solutions.”
Earlypay’s acquisition of Timelio reflects the ongoing consolidation and digitization occurring within the
financial services industry. As traditional lending methods continue to face challenges, fintech companies like
Timelio are disrupting the market by providing innovative, technology-driven solutions that cater to the
evolving needs of businesses.
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