Grapple
Grapple is an Australian fintech that provides digital invoice finance (Grapple Plus), supplier finance (Grapple Pay), and a proprietary LendTech SaaS platform with GrappleAI to Australian SMEs, brokers, and banks.
- Company typePrivate
- Founded2017
- HeadquartersSydney, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Grapple does
Grapple is an Australian fintech founded in 2017 and headquartered in Sydney that provides digital working capital financing and B2B payments solutions to Australian small and medium enterprises. The company operates two core consumer-facing products: Grapple Plus, a confidential line of credit against the sales ledger with rates from 5.99% p.a. and limits from $500K+, and Grapple Pay, a supplier finance product under which Grapple settles supplier invoices within 24 hours and the SME repays over four monthly instalments at fees from 1% per instalment. As of latest disclosures, Grapple has facilitated cumulative funding of approximately $1.5 billion across 90,000+ invoices and 1,650+ SMEs.
Grapple's underlying technology is a proprietary end-to-end lending platform built since 2017, leveraging AWS cloud infrastructure, API integrations with Xero and MYOB for real-time ledger data sync, and a domain-specific AI layer branded GrappleAI that automates credit assessment, document review for fraud detection, AML/KYC checks, and ongoing portfolio risk monitoring via integrations with credit agencies including CreditorWatch, Equifax, illion, Vix Verify, and Rapid ID. The platform supports automated underwriting with binding term sheets typically issued within 24 hours. Distribution is multi-channel: direct digital self-serve for SMEs, a GrappleBroker intermediary platform with 100+ registered introducers and 80+ brokers earning commissions, and a B2B LendTech SaaS channel offering the platform on a white-label/licensing basis to banks, non-bank lenders, fintechs, credit funds, and broker/aggregator platforms. Revenue is generated through usage-based interest on drawn ledger advances, transaction-based supplier finance fees, and bespoke SaaS licensing arrangements. In February 2025, Grapple acquired Spenda's invoice finance business, expanding its Australian receivables book and customer base.
Grapple firmographics
Firmographics- Name
- Grapple
- Legal name
- Grapple Invoice Finance Fund Pty Ltd
- Website
- https://grapple.com.au
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Grapple is an Australian fintech that provides digital invoice finance (Grapple Plus), supplier finance (Grapple Pay), and a proprietary LendTech SaaS platform with GrappleAI to Australian SMEs, brokers, and banks.
- Ownership category
- akta.pro rank
Grapple industry classification
Industry- Product category
- SME Lending Platform
- NAICS
- Sales Financing (52222), Sales Financing (522220), Other Activities Related to Credit Intermediation (522390)
- SIC
- Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Merchant Cash Advance & Revenue-Based Financing Enablement (FSAGALAH)
- akta.pro secondary industry
- BNPL Underwriting & Credit Decisioning Platforms (FSAGAIAD)
Keywords
Where Grapple is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Grapple business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Invoice Finance / Ledger Advance Fees: Grapple provides a line of credit against the SME's sales ledger. Revenue is generated through interest rates charged on drawn funds, with rates from 5.99% p.a. The facility is confidential and grows with the business, with the SME only paying for what they use.
- Supplier Finance / Trade Finance Fees: Grapple pays supplier invoices in full within 24 hours; the SME repays over 4 monthly instalments with a fee from 1% per instalment. This is a transaction-based fee model tied to each supplier invoice processed.
- LendTech SaaS Platform Licensing: White-label, embedded finance, and API licensing of the proprietary lending platform to banks, non-bank lenders, fintechs, credit funds, and aggregator/broker platforms. Modular tools, automated reporting, and compliance-ready systems delivered as a managed service.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Grapple Plus — Line of Credit against Sales Ledger |
| Transaction based/ take rate | Pay-as-you-go | Grapple Pay — Supplier Finance |
| Subscription | Multi-year contract | LendTech / SaaS Platform |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Grapple product offering
Product offeringCore offering
Grapple provides digital working capital financing for Australian SMEs through two core products: Grapple Plus (a confidential line of credit against the sales ledger, from 5.99% p.a.) and Grapple Pay (supplier finance paid in full within 24 hours, repaid over 4 monthly instalments from 1% per instalment). The proprietary Grapple LendTech platform—featuring GrappleAI for instant credit assessment, automated underwriting, and real-time Xero/MYOB integration—is also licensed to banks, non-bank lenders, fintechs, and broker platforms via white-label, embedded finance, and API arrangements.
Product overview
Grapple is an Australian fintech providing digital working capital funding solutions for SMEs, consisting of three core products: Grapple Plus (invoice finance/line of credit against sales ledger) and Grapple Pay (supplier finance with 4-instalment repayments), supported by the proprietary Grapple Lend-Tech platform with embedded GrappleAI capabilities. The company also offers white-label/partnership opportunities for banks and larger lenders to license the technology.
Differentiator
Problem solved
Functional benefit
Brands
- Grapple Plus: Line of credit product against sales ledger for working capital management, offering rates from 5.99% p.a.
- Grapple Pay
Products and services
- Grapple Plus Invoice finance / line of credit product providing working capital against unpaid B2B invoices for Australian SMEs, with credit limits from $500K+ and interest rates from 5.99% p.a. The facility is confidential, grows organically with revenue, and integrates directly with Xero and MYOB for real-time ledger data.
- Grapple Pay Supplier finance solution where Grapple pays supplier invoices in full within 24 hours and the SME repays over 4 monthly instalments with fees from 1% per instalment. No lock-in contract or minimum commitment; preserves working capital and supplier relationships.
- Grapple LendTech Platform End-to-end lending infrastructure platform for modern lenders, brokers, and aggregators. Provides automated onboarding, credit decisioning, preventative risk management, and deep API connectivity to accounting platforms, banks, credit agencies, PPSR, and KYC providers. Licensed via white-label, embedded finance, or API to banks, non-bank lenders, fintech startups, credit funds, and broker platforms.
- GrappleBroker Broker platform enabling finance brokers, accountants, and business consultants to register as introducers, manage deal pipelines, track deal status, and earn commissions (upfront, trail, or combination) on successful referrals. Currently hosts 100+ registered introducers and 80+ brokers.
Quantifiable outcome
- Funding decisions often within 24 hours — binding term sheets without the weeks or months typical of traditional lenders
- +3 more outcomes
Companies that use Grapple
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles1 record
Grapple technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability7 records
Feature7 records
Grapple partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- XerocoreXero is integrated via API, allowing SMEs to connect their ledger directly for Automatic Data Refresh, instant invoice visibility, and one-click funding. Grapple also writes back fees and account balances to Xero for seamless reconciliation.
- MYOBcoreMYOB accounting software is integrated via API, enabling real-time data transfer and automated workflow for SMEs using MYOB to manage their invoicing and accounting.
- Banks & Large Lenders (White-Label / Partnership)coreGrapple offers its LendTech platform for white-label, licensing, and partnership to banks, non-bank lenders, fintech startups, and credit funds. The platform is described as Australian-made, with partnership discussions ongoing. Example cited: CBA's partnership in invoice financing via new tech.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Grapple competitors and assessment
Company assessmentDirect peers
- Shift (formerly Eclipx/Shift): Australian SME finance platform providing business loans and debtor finance; comparable to Grapple in segment focus and digital distribution.
- Scottish Pacific: One of Australia's largest specialist invoice finance and working capital providers, directly comparable to Grapple Plus in targeting B2B SMEs with debtor finance and similar line-of-credit structures.
- Prospa: Australian online lender providing small business loans and lines of credit; competes head-on with Grapple for Australian SME working capital, with overlapping risk-based, technology-led underwriting.
- Banjo Capital: Australian alternative SME lender focused on invoice discounting and trade finance, overlapping directly with Grapple's core products in the same domestic market.
- Capital Finance (Australia): Long-standing Australian invoice discounting and debtor finance specialist; competes with Grapple in B2B receivables financing for SMEs with similar facility structures.
- Bibby Financial Services Australia: Global invoice finance provider with an Australian business serving SMEs with invoice discounting and factoring, directly comparable to Grapple Plus.
- Lumi: Australian fintech offering working capital and invoice-backed financing to SMEs; comparable in product set, target customer, and technology-led approach.
Broad incumbents
- Stripe Capital: Global fintech offering revenue-based financing and working capital to platform-based businesses; broader incumbent that competes in the same receivables-backed funding category as Grapple.
- CommBank (CBA): Australia's largest bank, which the data explicitly references entering invoice financing via new technology; a major incumbent competitor and potential white-label partner for Grapple LendTech.
Emerging players
- OnDeck Australia: Online small business lender operating in Australia with technology-driven underwriting; partial overlap with Grapple in SME working capital but with a broader small-business loan focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks1 record
Key highlights6 records
Customer concentration
Grapple social profiles
Digital presenceGrapple compliance and trust
Trust signalCompliance4 records
Grapple financial estimates
Financial estimateRevenue estimate
Valuation estimate
Grapple leadership team
Management profileNumber of profiles
Profiles3 records
Grapple funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Grapple M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Grapple
What does Grapple do?
Grapple provides digital working capital financing for Australian SMEs through two core products: Grapple Plus (a confidential line of credit against the sales ledger, from 5.99% p.a.) and Grapple Pay (supplier finance paid in full within 24 hours, repaid over 4 monthly instalments from 1% per instalment). The proprietary Grapple LendTech platform—featuring GrappleAI for instant credit assessment, automated underwriting, and real-time Xero/MYOB integration—is also licensed to banks, non-bank lenders, fintechs, and broker platforms via white-label, embedded finance, and API arrangements.
Is Grapple a public or private company?
Grapple is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Grapple founded?
Grapple was founded in 2017. It employs 11 to 50 people.
Where is Grapple based?
Grapple is headquartered in Sydney, Australia, in the Oceania region.
How does Grapple make money?
Three revenue lines are on record. Invoice Finance / Ledger Advance Fees are the primary driver. The others are supplier Finance / Trade Finance Fees and lendTech SaaS Platform Licensing.
Who are Grapple's main competitors?
Direct peers on record are Shift (formerly Eclipx/Shift), Scottish Pacific, Prospa, Banjo Capital, Capital Finance (Australia), Bibby Financial Services Australia and Lumi. Broad incumbents are Stripe Capital and CommBank (CBA). OnDeck Australia is listed as an emerging player.
Does Grapple have an API?
Yes. Grapple offers API integrations enabling connectivity to major accounting platforms, banks, credit agencies, PPSR, and KYC providers. The platform provides end-to-end infrastructure with automated onboarding, intelligent dashboards, credit decisioning, preventative risk management, and deep API connectivity. Features include real-time data sync with Xero and MYOB, ABR look-up and status monitoring, and integration capabilities for lenders, brokers, and aggregator platforms.
What industry is Grapple in?
Grapple's product category is SME Lending Platform. Its primary akta.pro industry code is FSAGALAH, Merchant Cash Advance & Revenue-Based Financing Enablement, with a secondary code of FSAGAIAD, BNPL Underwriting & Credit Decisioning Platforms. Its NAICS code is 52222 and its SIC code is 6153.