Fifo Capital is dedicated to helping businesses grow through accessing expertise, innovative financial solutions through technology that frees up their client’s time to focus on the bigger picture.
Launched in Australia in 2007, Fifo Capital is a leader in the commercial fintech space for innovative cashflow and working finance, underwriting in excess of $2b to over 3,000 businesses – with a specialty in SME and larger business in construction, manufacturing, labour hire and importer/wholesalers to name a few.
In 2017, Fifo Capital pioneered payables finance solutions (supply chain finance, trade finance), allowing SME’s to access working capital via their proprietary cloud-based platform which integrates both facilities seamlessly. All of Fifo Capital’s cashflow and working capital options are uniquely placed in the business finance market and can work together or separately to support a business’s funding requirements.
Fifo Capital was accredited as a financier in the Australian Government’s SME Recovery Loan Scheme.
In 2021, Wayne Morris, CEO, was consulted by the Australian Small Business and Family Enterprise Ombudsman in their review into Supply Chain Finance (2020). Fifo was recognised as a 2019 finalist in the Fintech Business Awards for Lending innovator of the Year, in 2020 was the winner of the Best Working Capital Solution Provider – Australia by the APAC BusinessAwards.
In March 2021 leading Australian finance and investment house Wingate acquired a significant equity interest in Fifo Capital.