MoneyCatcha

MoneyCatcha Pty Ltd is a Perth-based financial technology company established in 2015, operating at the vanguard of Australia's Consumer Data Right (CDR) and open banking sector. The company was founded by Ruth Hatherley, who leveraged over two decades of experience in the finance industry to address systemic inefficiencies in the mortgage origination process. Frustrated by a home loan system that could take up to 42 days, she invested her savings to create a technology-driven solution, despite having no prior tech or startup experience.

The firm's core business revolves around democratizing financial data to enhance transparency and efficiency for lenders, mortgage brokers, and consumers. MoneyCatcha generates revenue by providing its technology platforms as a service to financial institutions and intermediaries. Its flagship product, Stryd, is an open banking-enabled platform that validates product and pricing data to automate competitive home loan offers in real-time. The platform integrates with over 80 banks and lenders and utilizes CDR data to automate categorization, assess a credit confidence score, and determine product suitability. This significantly reduces processing times and allows lenders and brokers to provide personalized offers while maintaining compliance with regulations like Target Market Determination (TMD).

Initially, MoneyCatcha developed solutions like Homechain and Regchain using blockchain technology to create a secure, single source of truth for loan data. Over time, the company's focus has sharpened on leveraging the open data ecosystem. In August 2024, MoneyCatcha announced a successful $1.5 million capital raise to accelerate growth and capitalize on the expansion of the CDR framework, which will include non-bank lending from 2025. This funding milestone coincided with the strategic appointment of high-profile board members, including Judo Bank co-founder Tim Alexander and former Origin Energy CFO Lawrie Tremaine, to guide its expansion.

Keywords: open banking, Consumer Data Right (CDR), fintech, mortgage technology, loan origination, RegTech, data validation, product pricing automation, home loan data, financial data services, broker technology, lender solutions, risk management, compliance technology, Stryd, Regchain, Homechain, Ruth Hatherley, Australian fintech, real-time data