Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
SME Law

Westpac’s Reinventure secures investment in InDebted

LegalVision has assisted Reinventure, a Westpac innovation fund, on its investment in a series A round capital raise. 

March 11, 2020 By Naomi Neilson
LegalVision
expand image

Firm: LegalVision (Reinventure) 

Deal: LegalVision has advised Westpac’s innovation fund Reinventure on its investment in InDebted’s series A round capital raise. 

Value: Undisclosed. 

Area: Corporate. 

Key players: The team was led by practice leader Jill McKnight, who was assisted by senior lawyer Madeleine Hunt. 

Deal significance: InDebted is an Australian tech start-up that facilitates and manages debt collection for businesses of all sizes. The funding round was co-led by Sydney VC firm Carthona Capital and Singapore fund MassMutual Ventures. 

Ms Hunt commented: “We are thrilled to have worked with Reinventure in successfully closing this funding round. The future for InDebted looks bright, which can be seen by how they are completely revolutionising the debt collection industry.”

Naomi Neilson

Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly. 

You can email Naomi at: This email address is being protected from spambots. You need JavaScript enabled to view it.

Tags
You need to be a member to post comments. Become a member today
Got a tip for us?
If you have any news tips or stories to share, feel free to send them our way.
lawyersweekly jobs image
lawyersweekly jobs
Discover the latest legal jobs
Find Australian legal jobs, employment & career opportunities
Momentum Media Logo
Most Innovative Company