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Australian Capital Financial Services (ACFS) is a credit provider specializing in short-term, low-value consumer finance. The company uses a network of Credit Assistance Providers to facilitate its offerings, rather than direct consumer engagement. ACFS’s operational strategy emphasizes responsible lending, ensuring financial products are suitable, affordable, and avoid borrower financial hardship.
Founded in 2003, ACFS’s core principle has always been prudent financial provision. This commitment to evaluating a borrower's repayment capacity predated the 2010 legal requirements for responsible lending. This early insight into ethical practices consistently shaped the company's approach to consumer credit, defining its operational ethos from inception.
ACFS serves consumers needing immediate, small-sum credit through its established provider network. The company's vision centers on fostering trust and delivering compliant financial services. It aims to remain a reliable source for short-term consumer finance, ensuring accessibility while upholding rigorous standards for responsible loan management.
Aussie Capital has 2 tracked investments across 2 companies. The latest tracked deal is $2.8M Series B in Vee Finance in January 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 1, 2023 | Vee Finance | $2.8M Series B | — | AV Star Capital, BCA Investments, Black Mamba Ventures, Crypto Avengers, Dutch Crypto Investors, MC Ventures, Newtribe Capital, Phenomenon Capital, Phoenix VC, Redline DAO, S3 Ventures, Tokuto Capital, Unpeeld Venture Labs |
| Sep 9, 2021 | Octopus Network | $5.0M Series A | Aussie Capital, Autonomy Capital, Bigcoin Capital, Chainridge VC, Digital Currency Group, Elevate Capital, Finance Ventures, Gains Associates, Gate.io, GTA Venture, Jigsaw, Jubi LAB, LCG Ventures, Mayor Capital, Meridian Capital, Move Capital, Netzero Capital, Vestigium, VIC Group, Westorm, Youbi Capital | Debio, Discovol, Myriad Social |
