Beforepay surpasses $1 billion in annual advances

SYDNEY, Australia, 5 November 2026: Beforepay Group Limited (ASX: B4P) has surpassed $1 billion in annual advances for the first time through its consumer-lending arm, Beforepay. Through the end of September, the ethical lender had originated more than $3.5 billion since inception, supporting millions of Australians with their everyday needs.

Beforepay Group CEO Jamie Twiss said, “It’s gratifying to see that we’re able to help more Australians than ever before, with millions of advances helping people through temporary cashflow challenges in a safe, affordable way. Customers continue to respond favorably to our Pay Advance product, and our newer larger Personal Loans as well.”

Beforepay Group Deputy CEO and incoming CEO Kasey Kaplan said, “Reaching the milestone of $1 billion in annual originations is a testament to the value we provide everyday Australians. Our award-winning products are powered by technology that allows us to average more than 40,000 new loans every week with a team of about fifty people, while maintaining high repayment rates and a great digital experience for customers. I’m looking forward to building on this achievement as we continue to grow in the years ahead.”

In addition to the flagship Pay Advance product, which provides affordable short-term loans between $50 and $2000, Beforepay also now offers a Personal Loan product, currently available with limits up to $5000 and durations of up to 12 months, with plans to extend further. Beforepay’s lending is underpinned by its analytic credit-risk capabilities and its billions of lines of transaction data, identifying patterns across millions of loans to assess each customer’s individual risk level.

“While we’re excited to reach $1 billion in annual volume, we’re still just scratching the surface,” said Kaplan. “With our modern, highly efficient technology stack and our deep credit capabilities, there are so many opportunities for us to do more for our customers, and for all Australians, as we continue to grow.”

About Beforepay Group
Founded in 2019, Beforepay Group (ASX: B4P) is an Australian financial technology company focused on improving access to credit through technology and advanced credit-risk analytics.

Its consumer lending business, Beforepay, helps Australians manage temporary cash-flow challenges through Pay Advances and Personal Loans. Its enterprise business, Carrington Labs, provides AI-powered credit analytics to banks, credit unions and fintechs, helping them improve approval rates, reduce defaults and grow margins.
For more information, visit www.beforepaygroup.com.

Media enquiries
Noeleene Yap
Marketing & Communications Manager
Beforepay Group
0489 995 082
mediaenquiries@beforepay.com.au