FinTech Moula Money has announced that it has closed a $30m investment round led by Liberty Financial Pty Ltd, NCN Investments and a group of private investors. Moula was the first lender of its kind in Australia, providing small businesses with access to funding by using multiple data sources to rapidly assess creditworthiness. They also increased the available loan size to $100k. We covered Moula’s business model in a recent post.
