AI is changing the way document fraud is detected. The technology used to manipulate financial documents is advancing fast. But so is the technology being used to identify it. In this piece by Broker Daily, Moneytech CEO, Nick McGrath, shares how AI is increasingly identifying anomalies that are difficult for humans to spot - particularly when large volumes of documents are involved. But his view is that AI doesn't replace human expertise, it enhances it. Adding a layer of scrutiny that helps protect brokers and their SME clients without removing the judgement that experience brings. Nick puts it simply, "The most powerful fraud prevention tool will be a combination of AI, common sense and experience." As fraud risk rises across the lending sector, building the right defences has never been more important. Read the full article here: https://lnkd.in/geg_j72S
About us
More. It's what we're all about. More finance to help you grow. More expertise to make sure it happens. More inventive financial solutions to make things simpler. And more listening so we can customise, or even develop, the perfect financial solution for your business. More frees you from your day-to-day worries so you can get on with the business of growth. And we're driven by a burning desire to help you accelerate that growth. We're Moneytech. Business Lending Simplified. #smallbusinessaustralia #businessfinance #businessgrowth #cashflow #workingcapital
- Website
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http://www.moneytech.com.au
External link for Moneytech
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Haymarket , NSW
- Type
- Privately Held
- Founded
- 2003
- Specialties
- Debtor Finance, Trade Finance, Receivables Finance, Invoice Discounting, Import Finance, Purchase Order Finance, Supply Chain Finance, and Payment Processing
Locations
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Primary
Get directions
Level 17, 323 Castlereigh Street
Haymarket , NSW 2000, AU
Employees at Moneytech
Updates
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We had a great morning out at the CAFBA – Commercial & Asset Finance Brokers Association of Australia Golf Day at the stunning Kingston Heath Golf Club. Moneytech sent out some of our very best - who came in a very respectable second place. A lovely morning on the green with plenty of familiar faces and great conversation. Thanks CAFBA for organising - always a highlight on the calendar.
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This morning, teams across our offices came together over morning tea to celebrate International Women's Day, and to hear from some of the women across our business - their work, their perspectives, and what matters to them. IWD is a moment to reflect on how far we've come and how far there is still to go. This year's UN Women Australia theme, Balance the Scales resonates - there's real progress to celebrate, and real work still ahead. We're proud to work alongside so many talented women at Moneytech, and today is a great reminder to say so. #IWD2026 #YTG
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We’re excited to be partnering with AFG, giving their broker network access to Moneytech’s broad range of solutions built for Australian Businesses. With more than 4,300 brokers across Australia, AFG plays an important role in helping businesses access the funding they need to grow. As Moneytech Group Head of Sales and Distribution, Reece Ketu shared, “AFG’s scale and depth in the broker market makes this a strategically important partnership for us.” By working together, we’re creating more opportunities for brokers to support their SME clients with flexible funding solutions tailored to real business needs. From AFG’s perspective, the partnership is also about expanding choice for brokers and their clients. As David Drinkwater noted, “Moneytech’s deep expertise in SME lending provides our brokers with greater choice when structuring solutions for business clients.” We’re proud to be joining the AFG lender panel and look forward to supporting their brokers and SMEs across the country. Read the full announcement here: https://lnkd.in/g8Ecpvyf
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AI in SME lending is entering a new phase. It's not just about being faster, its being smarter and providing greater clarity. For the past few years, much of the conversation around AI in lending has focused on automation and speed. But the industry is now moving into a new stage where trust, governance and explainability matter just as much as the technology itself. Because if lenders can’t explain why a decision was made, it’s hard for brokers and customers to trust it. In this article we explore a shift driving a more thoughtful approach to AI adoption across the industry. One where technology can help streamline processes like analysing financial documents or verifying information - but also where transparency and human judgement remain central to the credit process. The real opportunity isn’t simply adopting AI faster than everyone else. It’s building systems that improve efficiency while remaining transparent, accountable and fair. Read the full article here: https://lnkd.in/eK5H8r2d
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A few of our Brisbane team had the privilege of attending the CAFBA – Commercial & Asset Finance Brokers Association of Australia International Women’s Day breakfast earlier this week, overlooking a sunny Brisbane River. This year’s theme, Balance the Scales, set the tone for a great morning of connection - catching up with others across the industry, sharing experiences, and hearing from impressive speakers who are making bold moves to help shift those scales. It was a timely reminder of the strength of our industry community, the importance of support, and the value of learning from different perspectives. We’re proud to support Women of CAFBA and look forward to seeing our teams in other offices attend the upcoming events around the country. #CAFBA #IWD #IWD2026
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#peopleofmoneytech Meet Lyn Kim! With over a decade of broad industry experience across credit and lending, Lyn brings deep expertise and a passion for operational excellence to Moneytech. Lyn joined us in in December last year as Senior Credit Manager, strengthening our credit capability as we continue to scale. She plays a key role in monitoring credit performance, tracking KPIs, and turning insights into practical improvements across our credit processes. Since joining, Lyn has been instrumental in identifying opportunities for efficiencies, implementing targeted changes, and developing clear standard operating procedures and training to support consistency and strong customer outcomes. Her experience across diverse lending environments is already helping elevate how we operate and support our broker network. Outside of work, Lyn enjoys relaxing and exploring cafes with her daughter. We’re thrilled to have Lyn on board and excited about the impact she’s already making across the business.
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We’ve partnered with MYOB, one of Australia’s most widely used business management platforms, to help businesses access funding faster and with less friction. For businesses using MYOB, the integration allows accounting data to be securely connected as part of the application process - reducing manual steps, limiting back‑and‑forth, and supporting quick, accurate funding decisions. That real‑time view of cash flow and receivables is particularly powerful for our Cash Advance solution - a line of credit secured by receivables, where live data helps us respond to what’s actually happening in the business. The result is quicker decisions and funding that moves in line with how businesses actually trade. Moneytech CEO, Nick McGrath, explains "Our Cash Advance solution is built to flex as a business trades. Integrating with MYOB allows us to deliver funding faster and accurately, which is critical for businesses that need capital at the right moment." Our continued investment in technology and strategic partnerships is all about making finance simpler, faster and more efficient - so brokers and business owners can stay focused on growth. Learn more: https://lnkd.in/gTkcY_NC
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A great example of how the right funding structure can unlock growth, especially when a business is scaling faster than its cashflow. A WA-based consulting business supporting the Mining and Energy sectors had built strong momentum over the past few years. Larger contracts, new clients, and expanding capability meant growth was accelerating. But like many fast-growing businesses, success brought new pressure - longer payment terms and rising receivables began to tighten day-to-day cashflow just as demand was increasing. ✅ Customer background A specialist consulting firm with 10 years in business and ~$6M turnover, delivering project support across major mining and energy contracts. ✅ Customer challenge Profitability wasn’t the issue, timing was. Cash was tied up in the debtor ledger while operational commitments continued to grow, creating a gap between delivery and payment. ✅ The Moneytech solution We delivered an $800,000 Cash Advance facility - a line of credit integrated with Xero and secured by receivables designed to grow with the business. No change to existing banking arrangements, rapid assessment, and settlement completed within two weeks - unlocking immediate working capital and restoring momentum. Deals like this are a reminder that the right structure doesn’t just solve a problem, it enables the next phase of growth. Want to explore tailored funding solutions for your clients? Reach out to your Moneytech BDM or connect with the team today.
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We’re continually focused on evolving the experience we provide to brokers, ensuring the tools they use everyday support clarity, confidence, and consistency throughout the lending journey. As part of this ongoing evolution, we’ve recently enhanced our broker portal with expanded commercial credit capability through integration with Equifax. This builds on our existing credit processes and reflects our focus on continually improving the tools and insights available to brokers when working with their SME clients. By bringing strong credit intelligence directly into the portal, brokers benefit from greater visibility during the application process, supporting informed and consistent decision making, fast turnaround times, and confidence when working with their clients. Our broker portal has always been designed to combine technology, data, and expertise in one place, and this latest enhancement is another step forward. As the lending landscape continues to evolve, our focus remains on refining the experience and ensuring brokers have access to the information and tools they need to support their clients with confidence. Learn more - https://lnkd.in/gPscbTcs