Mission: Finance that works for you
What it does: Provides a fast financial solution for medium-sized and small businesses
Size and presence: 51-200 employees
Best known for: Its loan matching services for SMEs
The good bits: The company embraces new technology, supportive co-workers, possibility to have a balance between work and personal life.
Moula was founded in 2013, by several experts in the finance industry. Moula’s created and provides access to smart business owners to finance their businesses. The company uses artificial intelligence to provide fast loan solutions for its clients. With its platform, Moula promises a fast loan appliance in seven minutes, and it promises that the client will get the decision within 24 hours.
Moula’s system simplifies the loan process, cutting unnecessary paperwork and bureaucracy. Since the day it operates to date, Moula has been helping more than a thousand businesses to access billion of dollars in capital. Moula’s headquarter is located in Melbourne, Australia.
Moula receives many positive reviews from its employees. Many employees said that Moula has a good culture within the company, co-workers are supportive and always willing to help when asked. The company is also keen to update its technology, it embraces new technology which the developer team highly appreciated. It has a knowledgeable and experienced leadership team. Employees also stated that they can manage to maintain a work-life balance during their time working with the company.
Moula informs its vacant positions on its website. The company provides an online form for the candidate to fill in their personal information, and submit their recent resume and cover letter. The hiring process takes two weeks on average. It started with phone interviews.
There are several departments in Moula’s office; sales, engineering, information technology, research, and other departments. Moula is a good place to start for business and tech graduates since the company’s core business is financial technology. Several roles you may find interesting; marketing, system analyst, software developer, sales representative, credit analyst, and many more.
Moula pays analyst (contractor) AUS83,000 yearly. While a software developer may receive AU$136,000-144,000, a marketing staff receives AU$90,000, and a system analyst receives AU$72,000 yearly.
In May 2020, Moula announced that the company was selected by the government to participate in the government’s program, Coronavirus SME Guarantee Scheme, to support medium-sized and small businesses in Australia. It provided package loans up to AUS250,000 for new and existing customers, repayment relief and interest repayment for six months with interest to be capitalized, being available to SMEs (including sole traders), and unsecured business loans which allowed borrowers to not have to provide an asset to get a loan.