Lumi Financial Management
Latest round
- Series C
Last raised
- Jul 2023
Total raised
- $17M
Investors
- 6
About Lumi Financial Management
Lumi Financial Management Pty Limited, founded in 2018 and headquartered in Sydney, Australia, operates as a financial services firm offering loans to SMEs. The company has not reported any significant pivots in its business strategy or operations. The founder and CEO, Yanir Yakutiel, has not been noted for founding other companies. Their offerings include low-documentation and unsecured loans up to AUD 300,000, as well as secured loans and flexible revolving lines of credit with limits reaching AUD 750,000. These financial products are designed to mitigate cash flow challenges faced by SMEs, enabling business owners to access funds promptly, often within the same business day.Lumi Australia's revenue is generated primarily from the issuance of small business loans and lines of credit. Upon approval, funds are disbursed quickly, often within hours, facilitating effective cash flow management. While specific pricing plans are not disclosed, the structure typically involves interest on borrowed amounts and potential fees associated with loan processing. The company aims to develop and launch new financial products that cater to the evolving needs of SMEs. Additionally, Lumi plans to explore new geographic markets to broaden its customer base, although specific regions and timelines are not detailed.
Who invested in Lumi Financial Management
6 investors across 2 rounds
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Questions about Lumi Financial Management
Who invested in Lumi Financial Management?
Lumi Financial Management has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lumi Financial Management raised?
Lumi Financial Management has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Lumi Financial Management last raise money?
Lumi Financial Management's most recent round on record is a Series C, in Jul 2023.
What does Lumi Financial Management do?
Lumi Financial Management Pty Limited, founded in 2018 and headquartered in Sydney, Australia, operates as a financial services firm offering loans to SMEs.
Where is Lumi Financial Management headquartered?
Lumi Financial Management is headquartered in Sydney, Australia.
Which VCs invest in companies like Lumi Financial Management?
Among active investors with capital left to deploy, IAG Firemark Ventures, Blackbird, AirTree Ventures and Square Peg back financial services companies at Lumi Financial Management's stage. Their profiles are linked below.
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