Shift is a credit and payments fintech operating in Australia. This week it raised a $35 million Series D funding round. The Series D was led by Peak XV Partners, which was formerly known as Sequoia Capital India & South East Asia. The round included participation from other existing investors. Peak XV previously led Shift’s $27 million Series C in early 2023. The article does not disclose revenue, user metrics, or specific product roadmap details. Shift offers credit and payment platforms that help businesses trade, pay and access funds, giving customers a real-time view of their financial position. The company aims to break archaic trade terms and let businesses take control of cashflow by choosing tailored financial products. Shift serves a network of broker partners, merchants and direct customers. Led by CEO Jamie Osborn, the business focuses on enhancing its suite of credit and payment products. Since its founding in 2014, Shift has provided more than AUD2 billion in tailored financial solutions to support Australian businesses' growth. The company is based in Sydney, Australia.

Total raised

$54M

Funding rounds

2

Latest round

Series D

Latest activity

Aug 2024