Right when you need it
Payright is an Australian payment plan provider founded in 2016 by brothers Piers and Myles Redward, and listed on the ASX in December of 2020. With a passionate team, we’ve quickly become the provider of choice for businesses across a wide range of industries.
Right when you need it
Payright is an Australian payment plan provider founded in 2016 by brothers Piers and Myles Redward, and listed on the ASX in December of 2020. With a passionate team, we’ve quickly become the provider of choice for businesses across a wide range of industries.
Who is Payright?
Payright is an Australian payment plan provider developed for merchants to accelerate return-on-effort and for making things more affordable to consumers, by spreading the cost of purchases over time.
Payright provides merchants a buy-now, pay later flexible payment option to offer their customers, intended for bigger ticket items that are more considered purchases rather than smaller impulse-driven buys. Payright practices responsible lending and performs extensive identification and credit checks to ensure a customer’s repayment capability. Merchants are paid upfront and in full on the same day and include a diverse mix of broad-reaching products and services such as direct sales businesses, home improvement, education, photography, dental, and health and beauty.
Founded by brothers Piers and Myles Redward, Payright is based in Melbourne, Australia. Payright Limited, (ASX: PYR) is pleased to announce the successful completion of its Initial Public Offering of new shares, and the company’s listing on the Australian Securities Exchange (ASX).
Payright shares commenced trading on the ASX under the code ‘PYR’ at 11am (AEST) 23rd December 2020.
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Meet Our Leadership Team
Stewart Creighton
Interim CEO
Stewart has 30 years' financial services experience, including 15 years in senior leadership positions. Prior roles have included General Manager Market Specialists at Commonwealth Bank, General Manager Sales at Medfin, Group Executive Macmillan Shakespeare and Head of Operating Lease and Strategic Alliances at Capital Finance (part of the Westpac Group). He has worked at Metrics for the last five years, and most recently was appointed as a Managing Director of Metrics Business Finance.
Tom Kellaway
Interim Chief Financial Officer
Tom has a broad range of commercial finance experience, most recently as Managing Director of Metrics Business Finance, a subsidiary of Metrics. Previously, Tom was CEO of Bigstone Capital, which became a subsidiary of Metrics in 2021. He has also previously held investment management and senior management roles across a variety of sectors for both domestic and international businesses.
Saara Mistry
General Counsel & Chief Risk Officer
Saara has more than 18 years’ post‑qualified experience in legal, risk and compliance in consumer credit, banking and financial products and services and insurance. Specialising in consumer finance, privacy and wealth management, Saara has worked as in‑house senior legal counsel to Barclays Bank in the UK, HSBC in the Middle East and NAB and Liberty Financial in Australia. Prior to joining Payright, Saara was the senior risk partner to NAB’s wealth advice business. She has also held positions in compliance and risk at NAB and Barclays Bank. Saara is qualified a solicitor in Victoria and holds a Bachelor of Science/Bachelor of Laws with Honours from Monash University.
Myles Redward
Co-Founder & Managing Director
Myles co‑founded the Payright business in 2015 and has since served as Director, Joint Chief Executive Officer and Managing Director. Myles has more than 15 years’ experience in credit and risk for major corporations including Moody’s, Bank of Ireland and GE Capital. At GE Capital, Myles led the corporate level planning and analysis function. Myles has a detailed understanding of financial modelling and accounting practices in the context of the consumer finance industry. He holds a Bachelor of Business Management from Monash University and is a qualified Certified Practising Accountant.
Piers Redward
Co-Founder & Managing Director
Piers co‑founded the Payright business in 2015 and has served as Director since 2017, Joint Chief Executive Officer and Managing Director. Piers has in excess of 15 years’ experience working in the retail finance industry across multiple products. He was previously Customer Service and Collections Manager within ANZ’s Esanda Finance business, National Sales Manager for FlexiGroup and Head of Sales and Distribution for Wingate Consumer Finance, managing multiple brands (including Flexirent, Lombard Finance, Once Credit, Now Finance and Mac Credit).
Our Board
Peter McCluskey
Non-executive Director - Chairman
Peter has been a corporate reconstruction professional for 33 years and has strong relationships within the Australian and international finance sectors. He has managed the conflicting agendas of diverse parties in large banking syndicates in some of the biggest restructuring assignments in Australia. He is currently a Special Advisor in Restructuring Services at KPMG. Peter’s experience with financial systems, corporate restructuring and digital platforms will help support Payright to responsibly develop its payments ecosystem in a sustainable manner that aligns with its long-term strategy. Peter is currently a Director of PointsBet Holdings Limited, an ASX 200 listed company and chairs PointsBet’s Audit and Risk and Compliance Committee and is a member of the Remuneration and Nomination Committee.
Paul Cowan
Non‑Executive Director
Paul has served as Director of the Company since 2017, when the Company was very much in its infancy. During this time Paul has assisted the Company with the establishment of its current funding programs, the development of corporate growth strategies, and the introduction of key relationships to support the Company’s growth aspirations. Paul is a member of the Audit and Risk Committee and the Nominations and Remuneration Committee.
Matthew Pringle
Independent Non‑Executive Director
Matthew has extensive experience in corporate finance, audit and assurance, governance and strategy, including over 25 years’ experience as a Partner at Pitcher Partners. His roles with Pitcher Partners included leading the corporate finance practice group, senior audit partner and leading the corporate governance and board advisory practice area. Matthew is a member and Chair of the Audit and Risk Committee. Matthew is also a member of the Nominations and Remuneration Committee.
Andrew Lockhart
Non-Executive Director
Andrew has more than 30 years’ banking, funds management and financial markets experience specialising in leverage and acquisition finance as well as corporate and institutional lending. Andrew’s considerable experience includes being responsible for the origination and portfolio risk management of large, diversified and complex loan portfolios including corporate restructurings. Andrew holds a Bachelor of Business and Masters of Business Administration from the Queensland University of Technology.
Come work with us
Are you excited about the idea of working for a leading Australian fintech? Payright are always on the hunt for talented people to join our dynamic team.
See our open positionsIn the news
A significant milestone for Payright
A significant milestone for Payright and prospective investors as we lodge a prospectus to list on the ASX. Our company specialises in providing merchants in Australia and New Zealand with both in-store and online BNPL solutions for the benefit of their customers, with a focus on higher-value, more considered purchases between $1,000 and $20,000. It […]
Payright strengthens team, primes for growth
As a specialist in higher value transactions, from $1000 and up to $20,000 for considered purchases such as lifestyle and home improvement products and services – Payright operates in a space otherwise underserviced by other buy now pay later (BNPL) providers. The company has attracted 28 experienced professionals across sales, technology, operations, compliance and legal […]
Payright recognised for excellence at The International Business Awards
Payright’s successful growth strategy and achievements amid the challenging COVID-19 environment have seen the buy now pay later provider recognised with a ‘Bronze Stevie’ at the prestigious International Business Awards. The annual awards are contested by 3800 organisations globally. Piers Redward, co-CEO said it’s a significant achievement for the four-year-old business. “We’ve carved out a […]