Earlypay
 | |
| Company 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
[edit]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
[edit]- ^ a b "Earlypay lifts guidance as funding off invoices grows". Australian Financial Review. 2022-02-02. Retrieved 2022-05-26.
- ^ a b Sunarto, Eddy (2022-02-14). "Under the radar? We talk to Earlypay CEO Daniel Riley on its long history of profits and dividend payouts". Stockhead. Retrieved 2022-05-26.
- ^ Zhang, Tony (2022-05-23). "Businesses urged to adopt cloud-based software". www.accountantsdaily.com.au. Retrieved 2022-06-07.
- ^ "Earlypay flags profit growth of 40% for 2022 | RFI Global". www.rfigroup.com. Retrieved 2022-06-07.[dead link]
- ^ "Analysing suitable ways of funding for businesses | Expert talks with Daniel Riley". kalkinemedia.com. Retrieved 2022-06-07.
- ^ Aubrey, Kate (2022-06-07). "Earlypay launches scholarship program for brokers". www.theadviser.com.au. Retrieved 2022-06-09.
- ^ Review, G. T. (2021-06-29). "Earlypay raises A$18mn for trade finance push". Global Trade Review (GTR). Retrieved 2022-05-26.
- ^ "Earlypay produces record half of trading". Australian FinTech. 2022-02-01. Retrieved 2022-05-26.