FintechZoom.com | Your Gateway to Financial Insights

Divorce Funding startup JustFund receives $200 million in funding from MA Financial Group

Divorce Funding startup JustFund receives $200 million in funding from MA Financial Group

Breaking Fintech News: Stay updated with the latest in the financial technology world.

Table of Contents

    jus,,,,, Australia’s only dedicated lender helps people pay legal fees during divorce and has secured $200 million in warehouse facilities from MA Financial Group, the ASX-listed global alternative asset manager, and one of Australia’s leading private credit providers.

    By providing a financial foundation in a person’s relationship settlement with flexibility – not their credit score, income or employment – jus Authorize the client to access the legal representative immediately and repay only after the issue is resolved.

    Founding Faces – The biggest face in Justfund’s history will enable fast-growing legal lenders to significantly expand their business and gain justice for thousands of Australians seeking fair and affordable legal support.

    “This facility is not just capital in capital, it’s a clear vote of confidence in the JustFund model, but also a collection of urgent social needs we are addressing.” jus. “This marks a key new chapter for our company and the people we support.”

    The deal is highly competitive, with three major banks and four institutional credit funds submitting periodic tables, highlighting Justfund’s growth travel agencies and commercial funds.

    “We are lucky to be able to choose our partners, and Ma Financial stands out in the right capacity,” Carroll added. “Their profound experience in legal financing and their commitment to innovation means they understand the market and our mission.”

    JustFund’s funding model is Australia’s only funding model – it solves on people’s experience, rather than providing financing with income or credit scores. Not only is this a lifeline for low-income earners, but for a group of Australians known as the “missing middle”, including professionals, parents and retirees, who are available for legal aid but cannot find family law.

    The company has shown impressive results since its launch in 2022.

    • Establish an extensive network of over 900 recognized family law firms nationwide
    • Demand increases by 40% based on funding applications, annual growth
    • Promote the division of assets of relationships of over $1.3 billion

    “Divorce does not discriminate. The separation of Australians from all walks of life – including those who look comfortable on paper, but are stuck in property or frozen due to legal proceedings, and Whoe assets are tied together,” Carroll said. “Even those who work hard and build wealth, Chen’s Selves can’t afford legal representation when it matters most.”

    MA Financial’s partnership is a time of increasing social pressure, which makes separation more unstable due to the crisis of cost-F life, rental shortages and domestic pressures. JustFund’s ability to step in and fund legal access at these moments is more than Timley – for many, it’s essential.

    “We are attracted by Justfund’s operating model, discipline, coverage, and consistent credit performance – private given its substantial loan portfolio growth in two pasted two Yamen. Representing an asset-backed facility, we are designed for its realistic impact while providing strong investment opportunities for us, while providing us with strong investment opportunities, our clients, our clients.

    “Judicial justice should not depend on wealth,” Carroll said. “This new funding allows us to support more Australians through the most stressed and vulnerable experiences of our lives and do it with compassion, equity and dignity.”

    No Comments