Butn Limited
BTN.AX
Australian Securities Exchange0.02
AUD
- -
- -
Butn Limited
BTN.AX
(Australian Securities Exchange)
Recent
price
0.02
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Butn Limited is an Australian business-to-business funder specializing in transactional funding for small and medium enterprises (SMEs). The company offers a suite of fintech solutions including Butn X, which provides advanced payments to enable customers to get paid immediately upon delivery of goods and services; Butn Terms, which allows organizations to outsource their accounts receivables management; Butn Pay, a solution for instant purchasing of goods and services with flexible repayment terms; Butn Now, a commission income advance service for real estate agents, mortgage, and business brokers; and Butn Plus, which offers business loans. Butn leverages the end debtor's credit to help businesses overcome working capital constraints by financing individual transactions. Founded in 2015 and headquartered in Caulfield North, Australia, Butn operates primarily within Australia and targets SMEs across various industries. Recently, Butn formed a strategic joint venture with APX Lending to introduce crypto-backed lending in the Asia Pacific region, aimed at enabling crypto holders to borrow against assets like Bitcoin and Ethereum while retaining long-term investment potential. This platform is scheduled for launch in Australia in late fiscal year 2025, with plans to expand into New Zealand and other APAC markets. This partnership marks a significant expansion of Butn’s product offerings into secured lending using innovative blockchain technology. In addition, Butn continues to integrate seamlessly with third-party platforms to extend its reach and enhance its embedded finance solutions. These developments reflect Butn’s strategic focus on expanding its fintech offerings and geographic footprint within the region.