Fintech provider BidFin acquired by humm – ARN

Australian-based fintech provider BidFin has been acquired by diversified non-bank financial services institution humm group.

First established in 2017 by former head of Microsoft Financing Asia Pacific Ross Simon as its CEO, BidFin’s focus is on driving and enabling sales for technology suppliers with the provisioning of payment solutions. BidFin employees will be transitioning to the new ownership.

Meanwhile, humm was founded in 1991 and offers business financing products, credit cards and point-of-sale finance plans, with offices in Australia, New Zealand, Ireland, Canada and the UK.