Earlytrade started in 2018 by running dynamic discounting programs for large companies and their supply chains in Australia and New Zealand.
Technology entrepreneur, Guy Saxelby, teamed up with COO, Piers Symons, who was leading advanced data analytics at the ASX, to found the next generation of dynamic discounting models.
And so, Earlytrade was born. An intuitive software platform that seamlessly turns receivables into on-demand liquidity and payables into investment.
During the COVID lockdown years, the states of VIC and NSW shutdown their construction sectors and because of this there was an exponential demand for liquidity from companies operating in this sector.
The team at Earlytrade worked day and night to customise the platform to be effective at scale in the construction sector. Now the sector is the largest user of early payments in the Asia Pacific.
Today, Earlytrade’s network has grown to 100,000+ business users, with over $2 billion paid early.
Where traditional banks and non-banks have drastically pulled back, Earlytrade has changed the game for all companies supplying and operating in the construction industry.
Facilitate on-demand access to liquidity for your supply chain
Leverage an actively managed early settlement system
Control cash flow while improving transparency and efficiency
CEO & Co-founder
Guy is the chief executive at Earlytrade and founded the company in 2018. An accomplished tech entrepreneur and company director, Guy has a record of successfully scaling disruptors in the UK & Europe including digital challenger bank Monese, now backed by PayPal, and The Exchange Lab which was acquired by WPP, the world’s largest media investment group.
COO & Co-founder
Piers oversees product, markets and operations. Prior to co-founding Earlytrade, Piers led the data analytics strategy for the Australian Securities Exchange (ASX), as well as consulting as a digital Product Manager for nabtrade with a focus on investment research and data insights.
David is one of Australia’s most senior and experienced leaders in the construction, transport and infrastructure sectors. David served as the CEO of Construction and Infrastructure Australia for Lendlease and was a member of the firm’s Global Leadership Team, before which he was CEO of Thiess and employed by the Leighton Group (now CIMIC) for over 18 years. He also served as the president of the Australian Constructors Association.
Murray Coleman, OAM
Murray is one of Australia’s most senior construction leaders, he is Head of Development Projects at Macquarie Capital. Prior to joining Macquarie Capital in 2017, Mr Coleman was with Lendlease for 30 years, working in several senior roles across the business in Australia and internationally. He held roles as Global CEO Bovis Lend Lease, Global Head of Health and Safety, and Global Group Head of Operational Risk, as well as running the Australian, Asia Pacific, and UK construction businesses at various times.
Teddy is Global Investment Partner leading Antler’s Elevate Fund. Previously a Vice President at SoftBank in the Bay Area, Jakarta and New York, and Principal at Comcast Ventures. Teddy started his career in Technology Investment Banking at Goldman Sachs in San Francisco. B.A. from Harvard University.