Fair Go Finance
Latest round
- Seed
Last raised
- Jun 2014
Total raised
- Undisclosed
Investors
- 1
About Fair Go Finance
Founded in 2008 and headquartered in Perth, Australia, Fair Go Finance Pty Ltd offers personal loan services. In September 2019, Skybound Capital Group acquired a 60 percent majority stake in the company from MyBucks for AUD 20 million.Fair Go Finance primarily offers a range of personal loans tailored to meet the diverse financial needs of its customers across Australia. Their core offerings include unsecured personal loans, which allow individuals to borrow amounts ranging from AUD 2,050 to AUD 10,000 for various purposes, such as emergency expenses, wedding costs, education-related expenses, travel, car repairs, and other personal needs. These loans are designed to be accessible, with an online application process that takes just six minutes to complete. The company emphasizes a customer-centric approach, providing personalized rates and repayment plans without impacting customers' credit scores. Fair Go Finance serves a broad client base, including consumers seeking immediate financial relief and those looking to manage larger purchases over time.Fair Go Finance generates revenue primarily through the interest and fees associated with its personal loan offerings. Customers apply for loans online, receive customized rates based on their individual circumstances, and agree to the loan terms via secure SMS verification.64%, applicable to their unsecured personal loans. Customers make repayments based on their chosen loan amount and duration, which can vary significantly. By fostering a relationship with its clients, Fair Go Finance aims to boost their credit scores through timely repayments, enhancing customer loyalty and retention in the process.In September 2019, Fair Go Finance received AUD 20 million from Skybound Capital Group to support its growth strategies. The company is exploring the launch of new financial products aimed at addressing emerging market needs, although specific details on release dates have not been disclosed. Additionally, Fair Go Finance plans to expand its services into new regions within Australia to increase its market reach by the end of 2023.
Who invested in Fair Go Finance
1 investor across 1 round
See all investors in Fair Go Finance
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Jun 1, 2014
Amount
Undisclosed
Investors
Questions about Fair Go Finance
Who invested in Fair Go Finance?
Fair Go Finance has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fair Go Finance raised?
Fair Go Finance has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Fair Go Finance last raise money?
Fair Go Finance's most recent round on record is a Seed, in Jun 2014.
What does Fair Go Finance do?
Founded in 2008 and headquartered in Perth, Australia, Fair Go Finance Pty Ltd offers personal loan services.
Where is Fair Go Finance headquartered?
Fair Go Finance is headquartered in Perth, Australia.
Which VCs invest in companies like Fair Go Finance?
Among active investors with capital left to deploy, IAG Firemark Ventures, Blackbird, AirTree Ventures and Square Peg back financial services companies at Fair Go Finance's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
Raising like Fair Go Finance? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.