Latest BTN News

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Butn Delivers Record Revenue and Positive Cash Flow, Secures $100M Funding Boost

Butn Limited has reported record revenue growth and its first positive operating cash flow for FY25, alongside securing a substantial $100 million funding facility to fuel future expansion.
Claire Turing
25 Aug 2025

Butn Cuts Net Loss by 78% as Revenue Climbs 8% in FY25

Butn Limited has reported a notable turnaround in its financial results for the year ended June 2025, with revenue growth and a sharp reduction in net loss, though dividends remain off the table.
Claire Turing
25 Aug 2025

Butn Co-Founder Walter Rapoport Steps Down as Co-CEO, Moves to Board

Butn Limited announces the planned retirement of Co-CEO Walter Rapoport, transitioning him to a Non-Executive Director role by September 2025, marking a significant leadership shift for the fintech.
Claire Turing
4 July 2025

Butn Secures $100M Debt Facility to Accelerate Growth Ambitions

Butn Limited has locked in a $100 million senior secured debt facility with Northleaf Capital Partners, marking a pivotal step in its growth strategy and refinancing existing debt.
Claire Turing
2 July 2025

Butn Secures $10M Credit Facility to Accelerate Growth Plans

Butn Limited has locked in a $10 million corporate credit facility with Mighty Partners, providing non-dilutive capital to support its expanding receivables book and operational growth.
Claire Turing
30 June 2025

Butn Secures $20 Million Boost to Accelerate SME Funding Growth

Butn Limited has raised $20 million through a $10 million equity placement and a $10 million credit facility, positioning the fintech for expanded growth in SME funding.
Claire Turing
16 June 2025

Butn Surges with Record $3.6M Revenue and $41.6M Platform Originations

Butn Limited has posted record quarterly revenue and platform originations for Q2 FY25, alongside sustained positive operating cash flow, signaling robust growth and strategic expansion into crypto-backed lending.
Claire Turing
28 Jan 2025

Butn Limited Boosts Cash Reserves to $16.8M Amid Steady Operating Cash Flow

Butn Limited reported a modest net cash increase from operating activities in the December 2024 quarter, ending with a strong cash balance of $16.8 million. The fintech company’s latest cash flow report reveals ongoing investment and notable payments to related parties.
Claire Turing
28 Jan 2025