We've been backing innovation-led companies with fast, non-dilutive capital since 2022. Here's what the press has been saying.
Since launching, Kashcade has been featured across Australia's leading business and technology publications - including multiple appearances in the Australian Financial Review, FinTech Australia, Accountants Daily, and Startup Daily. Coverage has tracked our funding milestones, award wins, and our founders' commentary on Australia's R&D ecosystem.
FinTech Australia has named the winners of its 2026 Finnies Awards in Sydney, with Kashcade taking out the win for 'Excellence in Business Lending'.
Aurora Labs has entered into a short-term loan facility agreement with Kashcade for $550,000, secured against its anticipated FY26 R&D Tax Refund to accelerate micro gas turbine production expansion
Startup Daily has unveiled the finalists for its 2026 Best in Tech Awards, recognising Patrick Nappa, Kashcade Co-founder & CTO for the 'Best Technical Leader' award.
Equity is becoming harder and harder to access, pushing more startups to add debt to their funding mix. But the market in Australia is still fragmented.
Kashcade is turning Australia's R&D Tax Incentive into on-demand growth capital. The Sydney-based fintech lets innovation-led startups unlock their government R&D refund months before expected, with cash in the bank within 48 hours.
Kashcade, a Sydney-based lender to start-ups that fall outside the investment universe of sector incumbents, has ruled off a $23 million raise as it expands its book to include loans made against the government’s R&D Tax Incentives.
Fintech Kashcade has raised an additional $1 million from existing investor Prandium Capital and several high net worths, alongside a $22 million warehouse facility funded by asset-backed lending specialist Rixon Capital.
Sydney’s Kashcade, which pitches itself as a superior alternative to traditional venture debt financing for start-ups, has picked up $5.5 million in financing of its own as it seeks to grow its loan book
Kashcade funded 14 deals in its first nine months. Most loans sat at around $250,000, offered to technology companies with $1-10 million in annual revenue. ASX-listed Mad Paws Holdings (ASX:MPA) was one of its biggest clients, taking on a $1 million facility that was arranged in less than 48 hours.
The research and development tax incentive (RDTI) program has undergone significant growth over the past few years. With the program forecasted to expand even further into 2025 and beyond.
For interviews, comment, or press materials, reach out to Madeleine Mirkovic.
Alex Simmons, Co-founder & CEO, is available for comment on R&D policy, fintech lending, and startup financing in Australia.
2022, Sydney, Australia.
Co-founded by Alex Simmons (former CBA lending strategist) and Patrick Nappa (ex-Apple software engineer).
R&D Loans: short-term loans secured against a company's expected Research & Development Tax Incentive refund
Institutional backing from:
Wingate - $50M
Fancourt Capital - $5M
Prandium Capital - $5M
250+ innovation-led companies funded to date. We lend to Australian RDTI-eligible entities nationwide
$150M+ deployed since launch. Loan sizes range from $20K to $2.5 million, avg loan size of $300K
From first meeting to funds in the bank in just 24-48 hours; not just approvals.
Sydney-headquartered. Kashcade is one of few R&D lenders with fully Australian-based funding sources
madeleine.mirkovic@kashcade.com
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