Archa Raises $61M Growth Capital

Archa, a Melbourne-based corporate card and spend management FinTech, has secured $61 million in total funding through a combination of $11 million in equity and a $50 million debt facility. This capital injection is set to support the company's efforts to expand its business credit card offerings and improve access to working capital for businesses.

Investors

The equity round included participation from The Fintech Fund, alongside various founders and executives linked to Australian firms such as Zip, The Iconic, BetaShares, and Netspace, as well as a group of former Macquarie executives.

Archa Use of Funds

The company plans to use the $11 million in equity for technology and product development, including the enhancement of its expense management software with new artificial intelligence capabilities designed to identify transactions that violate internal spending policies. The $50 million debt facility will be utilized to provide the necessary balance sheet capacity to extend credit to qualifying businesses without requiring personal guarantees from company directors.

About Archa

Founded in Melbourne, Archa provides a corporate card platform and spend management software tailored for modern finance teams. The company allows businesses to issue corporate cards to employees, track and control expenses, reduce foreign exchange costs, and earn rewards points, with a focus on rapid onboarding times.

Funding Details

Company Website: https://archa.com.au

Company: Archa
Raised: $61M
Round: Growth Capital
Funding Date: October 14, 2026
Additional Investors: The Fintech Fund, former Macquarie executives
Software Category: FinTech
Source: https://fintech.global/2026/10/14/archa-lands-61m-to-expand-business-credit-cards/