Founded in 2021, Backpocket Pty Ltd is a Brisbane-based fintech startup positioning itself as an alternative to traditional "Buy Now, Pay Later" (BNPL) services. Instead of providing a line of credit, Backpocket's platform allows a user to pay for a purchase in full from their own bank account at checkout. The service then facilitates splitting the bill and collecting repayments from the user's friends, removing the social awkwardness of chasing people for money. Their mission is to simplify social spending and group payments for consumers and integrate seamlessly with merchants.

Founded in

Australia