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Shift integrates with FoodByUs

Partnership simplifies and streamlines procurement and payments for Australian restaurants, cafes, pubs and clubs  Sydney, Australia, 5 April 2023 – Shift, a provider of credit and payments platforms to Australian businesses, today announced an integration with FoodByUs, Australia’s largest online wholesale food ordering platform which connects thousands of restaurants and cafes with thousands of suppliers.  FoodByUs […]

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Shift completes debut public deal: $200m Asset Backed Securitisation (ABS) 

SYDNEY, AUSTRALIA – 16 March, 2023 – Shift, a leading provider of credit and payment platforms for Australian businesses, today announced the completion of a $200 million ABS, the Shift 2023-1 Trust, which is the company’s inaugural public deal.  Issued to a range of Australian and international institutional investors, the ABS is supported by a […]

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Ross Horsburgh joins Shift as Treasurer

Sydney, Australia 1st, March, 2023 – Shift, a provider of credit and payments platforms that help Australian businesses trade, pay and access funds, has announced the appointment of Ross Horsburgh to the newly created role of Treasurer.  Reporting to Shift Chief Financial Officer Cameron Small, Ross is charged with driving the Shift treasury function, including […]

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Shift Closes $AUD27m Series C Equity Raise Fuelled by Record Growth 

SYDNEY, AUSTRALIA – 15, February, 2023 – Shift, a leading provider of credit and payment platforms for Australian businesses, announced today that it has closed an AUD27 million Series C funding round, led by Sequoia Capital Southeast Asia   The funding round comes on the heels of a recent AUD140 million increase in Shift’s debt funding […]

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Shift expands tech leadership team

Shift, a provider of credit and payments platforms that help businesses trade, pay and access funds, has expanded its leadership team with two senior appointments.  Ricky McAlister has been appointed Head of Engineering while Melinda Anderson has taken up the role of Head of Product Design.  As Head of Engineering, Ricky leads a team that […]

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Shift launches Equipment Line revolving credit facility

Transforms equipment finance   29 August, 2022, Sydney, Australia – Shift, a provider of credit and payment platforms to Australia brokers and businesses, has launched Equipment Line, giving businesses a simple, consistent and easy-to-access revolving credit facility for asset purchases.  According to Kristian McCausland, Equipment Line is the first revolving facility for asset finance which is […]

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