23 OCTOBER 2019 (SYDNEY): LegalVision has advised Athena Home Loans on a $70 million Series C funding round. The deal is one of Australia’s largest ever fintech capital raises. Athena offers refinancing for home loans and has already written more than $500 million worth of loans. The funding will help the company start offering loans for property purchases.

The LegalVision team was led by Jill McKnight (Practice Leader) who was supported by Madeleine Hunt (Senior Lawyer). LegalVision advised on all legal aspects of the investment, from structuring and due diligence through to negotiation and closing.

“In just two years, Athena is now already seen as a serious threat to banks in the home loan space. We were delighted to work with the Athena team again to achieve this significant milestone. This deal also showcases LegalVision’s breadth of experience and our ability to efficiently run transactions of this complexity in the fintech space” said Jill McKnight.

“We’ve worked with LegalVision from incorporation and our initial seed round right through to this Series C round. LegalVision’s deep expertise in startup capital raising, tech-enabled approach and speed of delivery have had a significant impact on us closing this deal with confidence. We’ve now worked with the LegalVision team to raise over $100 million in venture capital.” said Nathan Walsh, co-founder and CEO of Athena.

“We look forward to working with Jill, Madeleine and the team in the future as we continue on our mission to save Australians money, by helping them pay off their home loan faster.”

– End –

Media Contact:
Anthony Lieu (Head of Marketing – LegalVision)
1300 544 755

About LegalVision (Media Kit https://legalvision.com.au/media/)
LegalVision is a market disruptor in the commercial legal services industry. Their innovative business model and custom-built technology assist their lawyers to provide a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services in Australia and has assisted more than 110,000 businesses. The firm was awarded NewLaw Firm of the Year at the 2019 Australian Law Awards and named the fastest growing law firm in the Asia-Pacific by the Financial Times.