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BNPL Fintech Limepay Goes on Hiring Spree After Securing $21M in Capital with 7 Senior Appointments
February 5, 2021 @ 9:13 pm By Omar Faridi
Limepay, a Buy Now Pay Later (BNPL) provider, says it has gone on a “hiring spree” after securing $21 million in capital, with 7 senior hires according to a release shared with CI.
Limepay claims that it’s Australia’s “only” enterprise payments and white-label BNPL and it plans to “beef up” its team with several high-level appointments ahead of a potential ASX listing during H2 2021. Notably, this announcement has come after its pre-IPO raise amid 2020’s Christmas rush and its recent partnership with Domain (ASX: DHG).
Limepay adds seven new senior hires as gears up for IPO
Limepay co-founder and chief Tim Dwyer and chief revenue officer Dan Peters. Source: supplied.
Buy-now-pay-later fintech Limepay is progressing on its way to listing on the Australian Securities Exchange by using some of the almost $30 million it has raised over the past 12 months to add a series of high-profile hires to its team.
Limepay offers businesses a white-label payments platform, including buy-now-pay-later (BNPL) functionality, that can be fully integrated with their brands.
The startup closed a $21 million pre-IPO funding round in December, adding to a $6 million raise in May 2020, and is eyeing off an ASX listing in the second half of the year.