16 June 2016
H2 Ventures is proud to announce their investment in Valiant Finance, Australia's leading business loan marketplace.
H2 invested in Valiant's seed funding round alongside Westpac Banking Corp's venture capital fund Reinventure and prominent angel investors.
Co-Founders Alex Molloy and Ritchie Cotton launched Valiant in November 2015 with the aim to remove the friction and anguish felt by small businesses when sourcing, comparing, and securing business loans. Valiant partners with over 26 lenders from across the lending spectrum with more lenders being added monthly. Valiant's platform is set to introduce additional competition into the nascent small business lending market with a thematic that echoes the wave of change seen in the residential mortgage market when Aussie Home Loans launched in the mid-1990’s.
“Over a short period of time, the Valiant team has built and launched an intuitive and powerful digital marketplace that assists small & medium sized businesses to search for and capture the best business loans. At H2, our focus is to find and invest in extraordinary fintech companies – we have found one in Valiant”, said Ben Heap, co-founder of H2 Ventures.
“We applaud Alex & Ritchie’s success to date and are excited in relation to Valiant’s future prospects.”
Valiant will utilise the proceeds of the raising to scale its Australian operations.