FundTap
FundTap (legal: Seascape (2010) Limited) is an Australasian fintech providing on-demand selective invoice finance to small and medium businesses in Australia and New Zealand, charging 4-6% per invoice for same-day funding integrated with Xero, MYOB, QuickBooks, and Reckon.
- Company typePrivate
- Founded2010
- HeadquartersAuckland, New Zealand
- Headcount11–50
- GTM typeB2B
- OfferingServices
What FundTap does
FundTap, operating under the legal entity Seascape (2010) Limited, is an Australasian fintech launched in 2018 that delivers on-demand, selective invoice finance to small and medium businesses in Australia and New Zealand. The platform enables businesses to receive same-day cash advances against unpaid invoices—typically within hours of submission—through a usage-based pricing model of 4-6% per invoice with no setup, monthly, or exit fees. FundTap targets verticals with extended customer payment cycles, including construction and trades, staffing and recruitment, professional services, healthcare, manufacturing, and wholesale distribution; customer acquisition is split between product-led self-serve onboarding (a roughly 10-minute sign-up and two-minute eligibility check) and a channel network of 50-plus accounting firms, bookkeeping practices, and finance brokers that earn referral fees on successful fundings. The company reports 27-33% average revenue growth for its customer base in FY2026 (54% over two years) across 200-plus active AU/NZ SMEs, with 4.9 stars across 254 verified Google and Xero App Marketplace reviews.
FundTap firmographics
Firmographics- Name
- FundTap
- Legal name
- Seascape (2010) Limited
- Website
- https://fundtap.co
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FundTap (legal: Seascape (2010) Limited) is an Australasian fintech providing on-demand selective invoice finance to small and medium businesses in Australia and New Zealand, charging 4-6% per invoice for same-day funding integrated with Xero, MYOB, QuickBooks, and Reckon.
- Ownership category
- akta.pro rank
FundTap industry classification
Industry- Product category
- Invoice Financing
- NAICS
- Sales Financing (52222)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Invoice Financing & Factoring (FSAKAGAC)
- akta.pro secondary industry
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
Keywords
Where FundTap is headquartered
LocationHeadquarters
- HQ city
- Auckland
- HQ country
- New Zealand
- HQ region
- Oceania
Offices3 records
Markets served
FundTap business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Invoice Finance Transaction Fees: Primary revenue stream from flat per-invoice fees ranging from 4-6% of invoice value. Fee varies based on how long the invoice takes to be paid. No setup fees, monthly fees, or exit fees. Businesses only pay when they actually use funding. Fee is shown upfront before commitment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Per-invoice fee only, no subscription or commitment |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels9 records
FundTap product offering
Product offeringCore offering
FundTap provides on-demand, selective invoice finance for small and medium businesses in Australia and New Zealand. Businesses connect their accounting software (Xero, MYOB, QuickBooks, or Reckon), choose which unpaid invoices to fund, and receive cash advances typically the same business day, with a flat per-invoice fee of 4-6%. The service is confidential (debtors are not notified), requires no monthly fees or lock-in, and repays automatically when the customer pays the original invoice.
Product overview
FundTap is a single unified invoice finance product for small businesses in Australia and New Zealand. The service enables businesses to access cash tied up in unpaid invoices on a per-invoice, on-demand basis with no facility commitment, no monthly fees, and no lock-in. Users connect their accounting software (Xero, MYOB, QuickBooks, or Reckon) to view outstanding invoices, select specific invoices to fund, and receive funds typically the same business day. Repayment occurs automatically when the customer pays the original invoice. The product is confidential and selective—businesses choose which invoices to fund and customers continue paying the originating business directly, preserving customer relationships. FundTap operates under Seascape (2010) Limited, incorporated in 2010, with operations across Australia and New Zealand.
Differentiator
Problem solved
Functional benefit
Products and services
- FundTap Invoice Finance On-demand selective invoice finance service for Australian and New Zealand small businesses, providing cash advances against unpaid invoices typically within the same business day, with no lock-in, no monthly fees, and confidential debtor notification (customers pay the business directly).
Quantifiable outcome
- 27% average revenue growth for FundTap customers in FY2026
- +5 more outcomes
Companies that use FundTap
Customer profileNamed customers18 records
Segments8 records
Ideal customer profiles4 records
FundTap technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability4 records
Feature6 records
FundTap partnerships and signals
Strategic signalPartnerships
61 partnerships are on record, tiered core and minor.
- 121 BrokerscoreFinance brokerage in Byron Bay, NSW arranging business funding for small and medium businesses across Australia, including unsecured and secured options.
- Acacia AccountantscoreAccounting firm partner, NZ-based.
- Accountants 4UcoreAuckland accounting and bookkeeping firm helping businesses stay tax-compliant, with advisory and business-development support.
- Arham FinancecoreBlackburn, Victoria finance broker serving individuals and businesses across Australia. Offers personal, home, vehicle, equipment and business finance.
- Dark HorsecorePartnering with FundTap to help solve SME's No.1 issue - Cashflow.
- Finance NZcoreTakapuna, Auckland finance brokers arranging business and asset finance, equipment leasing, property finance, working capital and vehicle finance for NZ businesses.
- FundsmartcoreNZ mortgage and finance advisers. Sources home, investment and business lending from multiple lenders, plus refinancing, bridging and debt consolidation.
- Grow CapitalcoreSydney-based commercial finance broker drawing on a panel of 90-plus lenders. Serves Australian business owners, investors and individuals.
- IntegrationKingscoreAustralian business systems consultancy helping small and medium businesses run more efficiently on cloud software. Xero partner offering systems audits, set-up and migration.
- KingbirdcoreTakapuna, Auckland-based financial advice firm serving residential and commercial clients NZ-wide. Licensed FAP arranging residential mortgages, business and equipment finance.
- KMT BookkeepingcoreAuckland-based bookkeepers serving small businesses NZ-wide. Xero and MYOB certified, offering bookkeeping, payroll, GST, bank reconciliations, invoicing, debtor management.
- Laurence Barlow (Small Business Reboot)coreMelbourne-based advisory firm offering debt relief and restructuring for Australian small companies. Services cover Small Business Restructuring.
- Lend.com.aucoreAustralian online business loan marketplace connecting SMEs and startups with a panel of over 80 lenders. Covers business loans, asset and vehicle finance, commercial property.
- Lifestyle AccountingcoreNelson-based accounting firm serving local small and medium businesses. Offers financial reporting, forecasting, profit analysis, planning, and reconciliation.
- Loan HubcoreNorth Sydney mortgage brokerage advising homebuyers and borrowers on home finance. Compares variable, fixed, split, interest-only, and low-doc options.
- LucraturecoreKillara, NSW business consulting firm led by a chartered accountant, working with trade and service business owners.
- Marco Symons (ThinkCap)coreSydney-based commercial finance broker working across more than 75 Australian lenders. Arranges truck, trailer and vehicle finance, machinery and equipment finance.
- MCR PartnerscoreMelbourne-based debt management firm helping individuals and small businesses in financial hardship. Assess, negotiate and reduce credit card, personal loan, car, home loan debts.
- Mighty Efficient BookkeepingcoreCentral Otago bookkeepers serving tradespeople and small businesses, including electricians, plumbers, builders, and contractors.
- Moluca Consulting (Prime Strategies)coreBusiness advisory firm with adviser network across New Zealand and Australia. Works with small and medium business owners on strategy, planning.
- My Office GirlcoreChristchurch-based bookkeepers serving businesses NZ-wide, with a team of Xero certified bookkeepers.
- MyTwoCentscoreNorthland-based accountants, bookkeepers, and business advisers serving small businesses, sole traders, tradespeople, creatives, start-ups, and not-for-profits.
- Newbrook ConsultingcoreNZ deal advisory and private capital firm serving SMEs. Registered financial advice provider offering various funding solutions.
- Nexus AdvisorycoreBANK-FREE FINANCING THAT TICKS ALL YOUR BOXES
- NoBnkcoreAustralia-wide non-bank private lender providing alternative business funding, including unsecured business loans up to $500k, debtor and trade finance.
- Non BankcoreOrewa, Auckland mortgage and finance broker specialising in non-bank and second-tier lending. Serves clients across NZ whose bank has said no.
- Oakmont GroupcoreBrisbane-based finance broker with offices in Sydney and Townsville, serving individual and business clients across Australia.
- PB InvestigationscorePerth, Western Australia debt recovery and business investigations firm. Offers debt collection, credit control, due diligence, background and credit checks.
- Peak CapitalcoreSydney, NSW commercial finance and lending broker working across a panel of more than 100 lenders. Arranges business loans, commercial and construction finance.
- Pearce & CocoreRotorua-based chartered accountants (CA ANZ) serving clients from small operators to large multinationals. Specialise in taxation and business development.
- Pinnacle CapitalcoreMaroubra, NSW finance brokerage founded in 2004. Arranges home, investment property, commercial, business, and vehicle finance.
- Pioneer FinancecoreNZ owned finance company established 1995, with offices in Auckland and Wellington serving clients nationwide.
- Platform Direct FinancecoreMelbourne-based asset finance brokerage arranging car, equipment, machinery, truck, trailer, and marine finance.
- Prime StrategiescoreBusiness advisory firm operating across NZ and AU through nationwide network of advisors.
- Prosper FinancecoreCentral Coast NSW finance broker based at Erina, serving Australian businesses and individuals.
- Rapson FinancialcoreTauranga, NZ mortgage and finance brokers serving clients nationwide. Independent advisers with access to over 50 lenders.
- Rev FinancecoreAustralian finance brokerage serving business owners and individuals. Arranges asset finance for construction, agricultural, mining and transport equipment.
- Salt PartnerscoreSurry Hills (NSW) business and management consultancy serving SMEs, startups and scale-ups across Australia and New Zealand.
- SavvycoreAustralian finance comparison site and credit broker operating since 2010. Brokers business loans, asset and equipment finance.
- Scope AccountingcoreCapalaba, Queensland accounting and business advisory firm serving small and medium businesses.
- Sei FinancecoreLavender Bay, NSW mortgage and lending broker serving first home buyers, property investors, and borrowers.
- Sight Unseen FinancecoreSydney-based commercial finance broker with over 20 years in business lending. Member of CAFBA.
- Simply FundscoreAustralian non-bank lender with offices in Sydney, Melbourne, Brisbane, Gold Coast and Perth. Provides business funding from $50k.
- SME Loan BrokerscoreHarris Park, NSW finance brokerage serving small and medium businesses across Australia.
- Sort It BookkeepingcoreWhangarei bookkeepers handling reconciliations, accounts payable and receivable, GST returns, payroll and monthly reports.
- SourcecoreAuckland-based business funding provider serving NZ businesses. Arranges funding solutions to help SMEs access capital.
- Spinach LimitedcoreWest Auckland business lending broker, Kiwi-owned and family-run, serving small businesses across NZ.
- Sprout MoneycoreSydney-based finance broker serving small and medium businesses across Australia.
- SqalecoreCommercial finance broker with offices in Sydney, Melbourne, Brisbane, and Adelaide, serving SMEs across hospitality, retail, construction.
- Stac CapitalcoreBrisbane-based finance brokerage serving individuals, businesses, property developers, and investors across Australia.
- Sydney Commercial FinancecoreSydney-based business lending specialists arranging finance for commercial clients across Australia.
- The Lending TherapistcoreAdelaide-based finance and mortgage broker serving home buyers, property investors, and business owners across Australia.
- Vega LendcoreAuckland-based registered mortgage and finance brokerage operating NZ-wide, with access to 26 lenders.
- We Know LoanscoreAustralian finance broker.
- WK AdvisorscoreSouth Island accounting and business advisory firm with offices in Nelson, Blenheim and Christchurch. Xero Platinum partner.
- Yellowgate GroupcoreAustralia-wide equipment rental and finance provider offering monthly rental agreements with end-of-term purchase options.
- XerocorePrimary accounting software integration partner. Read-only connection pulls invoice data for funding decisions. FundTap listed on Xero App Marketplace with 5.0 star rating.
- MYOBcoreAccounting software integration partner. Read-only connection for invoice data access.
- QuickBookscoreAccounting software integration partner (Intuit QuickBooks). Read-only connection for invoice data access.
- ReckoncoreAccounting software integration partner. Read-only connection for invoice data access.
- WaddleminorFormer competitor acquired by ScotPac in 2022. FundTap positioned as the Waddle alternative for businesses seeking similar Xero-integrated, selective invoice finance. Migration support offered to former Waddle customers.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
FundTap competitors and assessment
Company assessmentDirect peers
- Prospa: Australia and New Zealand's largest online small business lender, offering working capital, business loans, and line of credit to SMEs. Directly competes with FundTap on usage-based funding products for the same ANZ SMB customer base.
- Bizcap: Australia and New Zealand online small business lender providing unsecured short-term business loans. FundTap's SEO and comparison pages directly reference Bizcap as a competing alternative for ANZ SMB working capital.
- Crezco: International invoice finance and B2B payment platform enabling businesses to get paid early on invoices. Operates a similar selective per-invoice early-payment model aimed at SMB cashflow needs.
- Marmalade: Australian invoice finance provider offering selective and whole-of-ledger invoice funding to SMBs. Directly competes with FundTap's selective per-invoice funding model in the Australian market.
- Capify: Australia and New Zealand alternative small business lender providing working capital and invoice advances. Targets the same ANZ SMB cashflow segment with usage-based and selective invoice-finance products.
- OnDeck Australia: Online small business lender operating in Australia and New Zealand, offering term loans and lines of credit. Competes for the same ANZ SMB working-capital wallet share as FundTap's invoice advances.
- Waddle (ScotPac): Xero-integrated selective invoice finance product acquired by ScotPac in 2022. FundTap explicitly positions itself as the Waddle alternative for SMBs wanting per-invoice selective funding through their accounting software.
Broad incumbents
- BlueVine: US-based online invoice factoring and small business banking platform. Comparable operating model in invoice finance for SMBs with technology-driven decisioning and accounting-software integrations.
- ScotPac: Australia's largest independent invoice financier, offering whole-of-ledger and selective factoring and lending to SMEs and mid-market. Operates the broader incumbent invoice-finance franchise in the same region FundTap targets.
Emerging players
- Lumi: Australia-based fintech offering working capital and short-term funding solutions for SMBs. An emerging alternative lender with overlapping SME cashflow products in the ANZ market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
FundTap social profiles
Digital presenceFundTap compliance and trust
Trust signalCompliance1 record
FundTap financial estimates
Financial estimateRevenue estimate
Valuation estimate
FundTap leadership team
Management profileNumber of profiles
Profiles16 records
FundTap funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FundTap M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FundTap
What does FundTap do?
FundTap provides on-demand, selective invoice finance for small and medium businesses in Australia and New Zealand. Businesses connect their accounting software (Xero, MYOB, QuickBooks, or Reckon), choose which unpaid invoices to fund, and receive cash advances typically the same business day, with a flat per-invoice fee of 4-6%. The service is confidential (debtors are not notified), requires no monthly fees or lock-in, and repays automatically when the customer pays the original invoice.
Is FundTap a public or private company?
FundTap is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FundTap founded?
FundTap was founded in 2010. It employs 11 to 50 people.
Where is FundTap based?
FundTap is headquartered in Auckland, New Zealand, in the Oceania region.
How does FundTap make money?
One revenue line is on record: invoice Finance Transaction Fees.
Who are FundTap's main competitors?
Direct peers on record are Prospa, Bizcap, Crezco, Marmalade, Capify, OnDeck Australia and Waddle (ScotPac). Broad incumbents are BlueVine and ScotPac. Lumi is listed as an emerging player.
Does FundTap have an API?
No public API is recorded for FundTap.
What industry is FundTap in?
FundTap's product category is Invoice Financing. Its primary akta.pro industry code is FSAKAGAC, Invoice Financing & Factoring, with a secondary code of BPAMAFAF, Bill Pay, Invoicing & Payables Platforms. Its NAICS code is 52222 and its SIC code is 6153.