How does Fundtap compare to Waddle?

Waddle offered revolving invoice finance lines. Fundtap offers selective per-invoice funding — you choose which invoices to fund and pay only for what you use.

Can Waddle customers switch to Fundtap?

Yes. If your Waddle account has moved to ScotPac and you're looking for an alternative, Fundtap is worth considering.

Fundtap vs Waddle

Q: What happened to Waddle?

Waddle was acquired by ScotPac. If you were a Waddle customer, your account is now managed by ScotPac.

Waddle was a popular invoice finance platform in New Zealand and Australia. It was acquired by ScotPac in 2022. If you were a Waddle customer or are comparing options, here’s how Fundtap stacks up.

⭐⭐⭐⭐⭐ 4.9 stars · 240+ reviews on Google • 54% average revenue growth for Fundtap customers

What happened to Waddle?

Waddle was acquired by ScotPac and is no longer operating as an independent platform. Customers were transitioned to ScotPac. If you’re looking for a Waddle alternative, Fundtap offers a similar experience: Xero-integrated, fast, and designed for SMEs.

Feature	Fundtap	Waddle (historical)
Status	Active	Acquired by ScotPac — no longer independent
Selective invoices	Yes	Revolving line (not per-invoice selection)
Lock-in	None	Was typically 12-month terms
Accounting integration	Xero, MYOB, QuickBooks	Was Xero-integrated
Confidential	Yes	Was confidential
New Zealand & Australia	Both	Was both

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Competitor information is based on publicly available data and may change. This page is for general information only and is not financial advice. Contact providers directly to confirm current terms.

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