MogoPlus, a Sydney, Australia-based company that provides vertical agentic AI solutions in financial services, has raised AU$1.5 million in funding.
Investors
The round was led by existing UK investor New Model Venture Capital Group, a venture capital firm known for combining traditional equity investing with innovative financial structures. Founded in 2011, it manages £140–160 million in assets and supports startups through capital, strategic guidance, and advisory services.
MogoPlus Use of Funds
The company will use the funds to expand into emerging open data markets and new verticals while scaling its AI-based credit insights portfolio.
About MogoPlus
Founded in 2013, MogoPlus is an AI and data insights fintech specializing in agentic AI solutions for the lending and credit lifecycle. Its platform helps banks and credit providers automate workflows, reduce loan origination costs, and improve decision accuracy. The company’s proprietary agentic credit decisioning tools are gaining traction across sectors such as telecommunications, insurance, wealth, and loyalty. MogoPlus’s client base includes two Australian Tier 1 banks, a large Middle Eastern bank, and multiple credit unions and digital lenders.
Funding Details
Company: MogoPlus
Amount Raised: $1.5M
Round: Undisclosed
Funding Date: July 2025
Lead Investor: New Model Venture Capital Group
Additional Investors: Not disclosed
Company Website: https://www.mogoplus.ai/
Software Category: AI Credit Insights / Fintech
Source: https://www.startupdaily.net/topic/funding/agentic-ai-data-fintech-mogoplus-banks-1-5-million/
