Roadnight Capital
Level 13, 90 Collins Street, Melbourne, Victoria, 3000, Australia
Overview
Roadnight Capital is an Australian based alternative asset management and capital solutions firm, founded to provide exceptional risk adjusted investment opportunities for investors and innovative capital solutions for businesses.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Asset Management
- Financial Services
Investment portfolio
- Slice
Participated · Debt Financing · Jul 2024
Slice began in 2018 with a ‘PayLater Travel’ product aimed at helping consumers avoid high-interest credit card debt by spreading the cost of flights over instalments prior to departure. After bootstrapping for six years and weathering a 95 % revenue drop during the 2020 pandemic, the team expanded to the U.S. market and rebuilt its growth trajectory. The company has now served about 70,000 customers who use the service to budget more responsibly for travel. Founders Farouk Ismail and Yannick D. initially financed bookings on their own credit cards and even sold personal assets to keep the business afloat. Slice positions itself as a responsible alternative to traditional credit, targeting millions of travellers who risk falling into unsustainable debt. With fresh capital, the firm plans to scale its product globally and broaden access to its instalment-based travel financing. The latest funding marks its first external raise, giving the company resources to accelerate product development and reach new customer segments.
Team
No current team members are available.