- InDebted, an Australian fintech, raised $41 million (A$60 million) in Series C funding.
- Existing investors Carthona, Reinventure, and Perennial, along with new backers Airtree, Australian Retirement Trust, and Premier Capital Partners participated in the round.
- SecondQuarter Ventures acquired shares from angel investors and early employees.
- Founded in 2016, InDebted partners with companies like Klarna, Trustly, and Snap Finance for AI-driven debt collection solutions.
- The funding will be used to expand into new markets, develop products, and support M&A strategy.
- Upcoming launches in UAE and Mexico are scheduled for September, with plans to expand in Europe and South America.
- InDebted is valued at $240 million (A$350 million).
Aussie debt collection fintech InDebted bags $41m Series C
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