1Centre Finance powered by FundTap

Monthly Partner Report

Everything FundTap owes 1Centre in one place: the customers you introduced, what happened to them, what they were charged, what we received, and what settles to you. Every figure ties back to a row you can pull.

Activity live, refreshed every 15 minutes June 2027, settlement closed
A worked sample, not a real month. This is the report FundTap would issue for a hypothetical June 2027: month three after public launch on 1 April 2027, month five since the pilot opened on 15 February 2027. Figures are illustrative and reconcile end to end; no business counted here is real. Every rate, ratio and benchmark behind them is FundTap's own measured data as at 20 August 2026.

The month in one line

RFP 6.2b · Appendix 1
June 2027, 1 to 30 June

496 businesses were introduced from the 1Centre hub. 325 were approved and 99 funded for the first time. FundTap advanced $7.68M across 461 funding rounds and received $297,267 in fees. Your share is $30,182, settling on 20 July 2027. The 11% tier engaged for the first time this month.

Share payable to 1Centre
$30,182
+77.9% settles 20 Jul
Customers introduced
496
+20.4% 1,444 since launch
Approved
325
+20.4% 78.5% approval rate
Funded for the first time
99
+26.9% 281 since launch
Value funded
$8.53M
+55.9% $18.52M since launch
Your effective share rate
10.32%
+0.32pp rises with the tiers

Settlement statement

RFP 6a · 6.1 · 6.2a · 6.2b

The share arises only on fees FundTap has actually received, so the chain below starts at what was funded and ends at what is paid to you. Every step is a number you can check, and every step has a row-level extract behind it.

01
Value funded
$8,528,500
461 funding rounds
02
Fees charged
$434,954
5.10% realised
03
Fees received in month
$297,267
rounds repaid in full
04
Less overdue fees
-$4,700
excluded, proposed terms
05
Shareable fee revenue
$292,567
the tier base
06
Tiers applied
10% / 11%
progressive, per band
07
Share payable
$30,182
due 20 July 2027

How the tiers applied

progressive, never on the whole month
Band of monthly shareable revenueRateIn bandShare
$0 to $200,00010%$200,000$20,000
$200,000 to $2,000,00011%$92,567$10,182
$2,000,000 to $5,000,00013%$0$0
Above $5,000,00015%$0$0
Total10.32% effective$292,567$30,182

Each rate applies only to the revenue inside its band, never to the whole month. Your effective rate rises on its own as volume grows, with no renegotiation at any point.

Payment

the 20th of the month following
Amount$30,182
Settlement date20 July 2027
Reference1C-SHARE-2027-06
MethodDirect credit, remittance and row-level extract issued with payment
Prior month$16,963 settled 20 June 2027, paid in full
Adjustments or default credits$0
Settled to date$26,822
Total including this month$57,004

What is not in this month, and why

the three things partners ask about

Fees charged but not yet received

$374,887 of fees sit against rounds that are funded and not yet repaid. Nothing is shared until the customer's payment lands, so this becomes shareable in the month it is received. On a 26 day median term, most of it lands in July.

Overdue fees

$4,700 charged and excluded from your share, 1.6% of fees received. Under the terms FundTap has proposed, the share is calculated on the on-time fee only, so neither party has an incentive that depends on a customer paying late.

Defaults

$0 in credits applied. Because a share only ever arises on a fee actually received, a default creates no share and there is nothing to claw back. No credit mechanism has to be built or reconciled.

Share by month

since the pilot opened, 15 February 2027
Share payable to 1Centre
MonthFees receivedOverdue excl.ShareableShareEff. rate
Feb 2027$2,965$0$2,965$2969.98%
Mar 2027$21,208$250$20,958$2,09610.00%
Apr 2027$75,770$1,100$74,670$7,46710.00%
May 2027$172,332$2,700$169,632$16,96310.00%
Jun 2027$297,267$4,700$292,567$30,18210.32%
Since launch$569,542$8,750$560,792$57,00410.16%

Origination funnel

RFP 6 · Appendix 1 · 1Centre owns the journey

1Centre owns the customer relationship, so the most useful thing FundTap can hand back is a clear view of what happened to the businesses you introduced, including where they stopped and why. Drop-off reasons are coded at the step, not inferred afterwards.

June 2027, introduced to funded

conversion shown against the step above

Why 89 were declined

21.5% of completed applications
Adverse credit history37
Insufficient trading history27
Industry outside current policy14
Unable to verify the business or director11
Total89

Every declined applicant is told the reason and, where the decline is about timing rather than the business, when to come back. 27 of the 89 are invited to reapply after six months of trading.

Where 32 stopped mid-application

the fixable losses
Accounting connection step21
Director and ownership detail11
Total32

On FundTap's own book only 27.9% of sign-ups ever connect their accounting software, and it is the single strongest predictor of whether a business funds. In this cohort 84% connect, because the journey asks at the moment the customer already has a reason to. The 21 who stopped there are item 2 on the work list.

New Zealand and Australia

June 2027
NZAU
Introduced213283
Completed181233
Approved145180
First funded5247
Funding rounds248213
Value funded$4.86M$3.67M
Average round$19,600$17,220

Australia is 57.1% of introductions and 43.0% of value funded. The same inversion shows on FundTap's direct book, where Australia is the larger source of sign-ups and New Zealand the larger source of revenue. Worth understanding rather than assuming.

Funnel by month

15 February 2027 to 30 June 2027
Introduced Approved Facility activated Funded first time

Funding activity

RFP 2 · 6 · 6.2d

What the cohort did once funded. FundTap customers fund repeatedly rather than once, and the repeat rate is where the value of an introduction accumulates for both parties. Funding size is always measured per funding round, one customer on one day, because a customer commonly funds several invoices at once.

Value funded by month

gross invoice value of funding rounds
Value funded

The numbers behind it

a row per measure
MeasureJun 27May 27Apr 27Since launch
Funding rounds4612991761,013
Value funded$8,528,500$5,471,700$3,168,000$18,518,200
Average funding round$18,500$18,300$18,000$18,281
Advanced to customers$7,675,650$4,924,530$2,851,200$16,666,380
Invoices per funding round2.92.92.82.9
Median term to repayment26 days27 days27 days26 days
Realised fee rate on value funded5.10%5.10%5.10%5.10%
Customers funding this month20513986281 distinct
Funding for the first time997861281
Returning1066125n/a
Rounds per funding customer2.252.152.05n/a
Repeat funding rate51.7%43.9%29.1%n/a
FundTap book, for comparison68%68%68%n/a

Speed, against FundTap's own book

the pre-populated journey is the difference
Measure1Centre cohortFundTap bookGap
Median introduction to first funded1.0 day2.5 days2.5x faster
Funded within 24 hours51%42%+9pp
Funded within 48 hours72%58%+14pp
Approval to funds out, median6 minutes4 minutesIn line
Returning customer, invoice to funds out48 minutes55 minutesFaster
Decided without manual intervention74.0%64%+10pp
Accounting software connected at application84%27.9%3.0x

FundTap book figures are the measured baseline as at 20 August 2026: median 2.5 days sign-up to funded since 1 July 2026, 42% within 24 hours, 58% within 48 hours. The cohort gap is the value of arriving with identity, directors and bank details already verified, and of asking for the accounting connection at the moment the customer already has a reason to give it.

Repeat funding by first-funded cohort

share of each cohort funding again
First fundedCustomersMonth +1+2+3+4
Feb 2027967%62%56%54%
Mar 20273456%62%56%n/a
Apr 20276157%62%n/an/a
May 20277856%n/an/an/a
Jun 202799n/an/an/an/a

The early cohorts are small, so read the percentages beside their denominators. Repeat funding is why the share attaches to the customer rather than the transaction. On FundTap's measured book, 83% to 89% of funded customers fund more than once, and a customer generates about $9,128 of fee revenue in year one.

Industry mix of the funded cohort

share of value funded, June 2027

The mix tracks the hub's own shape, with construction and food and beverage leading, as they do in 1Centre's application volumes. FundTap holds a 35% ceiling on any single industry group as a share of total receivables outstanding. Construction is at 34%. See item 3 on the work list.

Portfolio and risk

Appendix 1 · current, new and defaults · RFP 2

1Centre's brand is on this offering, so the arrears and default position is reported in full every month rather than on request. Collections runs against FundTap's customer. The facility is non-disclosed and stays that way, including in collections: the customer's own debtors are never contacted.

Active facilities
768
502 not yet drawn
Approved limits
$35.33M
$32,000 median limit
Outstanding funded balance
$7.35M
20.8% utilisation
Written off since launch
Nil
FundTap book runs under 1%

Arrears ageing at 30 June 2027

against $7,351,000 outstanding
BucketBalanceShareAccounts
Within terms$6,946,00094.5%182
1 to 7 days$221,0003.0%8
8 to 30 days$110,0001.5%5
31 to 60 days$52,0000.7%2
60 days plus$22,0000.3%1
Total$7,351,000100%198

Collections and defaults

prevention first, escalation last
Calls made before a direct debit was due99
Self-service repayment extensions taken46
Formal arrears notices issued7
Accounts entering a default state4
Accounts recovered to current3
In active recovery at month end5, $88,600
Defaults registered or receivership0
Debtors contacted0
Written off since launch$0

Around 90% of customers who enter a default state on FundTap's book pay in full without enforcement, which is why the ladder above runs prevention first and escalation last. Nothing escalates without notice to 1Centre first, so your support team is never the last to know.

Capital available to 1Centre-introduced customers

so the next scenario step is a decision, not a question
QuestionJune 2027Status
Capital deployed to 1Centre-introduced customers$7,351,000At month end
Peak single day deployed$964,00024 June
Funding requests declined or delayed for want of capital0Since launch
Cohort demand at the High scenario, modelled$34.6MWithin existing facilities
New facility, entity or structure required to reach itNoneConfirmed
Months of headroom at June's funding rateMore than 24 

Committed facility amounts are disclosed to 1Centre under the partnership agreement rather than published in a monthly report. What belongs here is the answer to one question: did capital ever slow a 1Centre customer down. It has not.

Compliance, security and data

RFP 3 · 2 · 2.1

The reliance arrangement carries the most regulatory weight of anything in this partnership, so it is measured rather than assumed. This section shows how much of 1Centre's verification work FundTap was able to rely on, what had to be redone, and where the evidence trail sits.

Identity and AML reliance

of 414 completed applications
Relied on 1Centre verification, nothing re-collected383 (92.5%)
Identity re-verified by FundTap23
Verification older than policy allows13
Beneficial owner not covered by the hub check10
Enhanced due diligence triggered8
Verification evidence received and retained414 of 414
Evidence requests raised by either party2, both answered inside 1 business day
Applications delayed by an AML step4

Security and regulatory steps

on the 99 funded this month
General security agreement registered99 of 99
Director guarantee held99 of 99
Property security required0
Only required on facilities above $30,000 
Business purpose declared, Australian customers47 of 47
Funding agreement e-signed, prefilled from hub data99 of 99
Direct debit mandate prefilled from hub data99 of 99
Steps the customer had to repeat0

Complaints, disputes and privacy

reported whether or not raised with 1Centre
Complaints received3
Acknowledged within 1 business day3 of 3
Substantive response within 3 business days3 of 3
Escalated to external dispute resolution0
Hardship applications2, both with an arrangement agreed
Privacy incidents0
Customer information requests5, all answered
Deletion requests actioned1

The two screens are not the same test

the cohort passes 1Centre's trade credit screen before it reaches FundTap
Approved on 1Centre's trade credit screen
97.4%
the population FundTap sees
Passed FundTap's credit score pre-filter
89.2%
before a full assessment ran
Approved by FundTap
78.5%
325 of 414 completed
Bureau reports FundTap pulled
414
1Centre passes a pass or fail, not the report

Reported because the two screens ask different questions. 1Centre assesses whether a business can be extended trade credit by a supplier. FundTap assesses whether a specific invoice, debtor and facility can be funded. A business can pass one and fail the other, and knowing the size of that gap is what lets both parties tune the pre-filter rather than guess at it.

Attribution ledger

RFP 6.2c

The 1Centre flag sits on the customer record, not the application, so repeat business is attributed whether the customer comes back through the hub or straight to FundTap. This ledger exists so attribution is a number you can audit each month, not an argument in month six.

June 2027 ledger

every attribution event
Customers tagged 1Centre-originated at approval325
Returning customers funded, arrived via the hub21
Returning customers funded, came direct to FundTap85
Of which still attributed to 1Centre85
Repeat funding rounds attributed to 1Centre332 of 461
Repeat business value attributed to 1Centre$6,142,000
Multi-channel candidates resolved on first touch9
Resolved to 1Centre9
Resolved to another channel0
Excluded, already a FundTap customer before the hub5
Attribution queries or disputes open0

The rules this ledger runs on

as agreed at signing
Flag lives onThe customer record, set at handoff, no expiry
Repeat facilitiesAttributed to 1Centre for the life of the customer
Multi-channelFirst touch wins, one share only is ever paid
Existing FundTap customersStay where they are, flagged and excluded at handoff
MechanismThe same partner-origination tagging FundTap runs today for other platform partners
AuditEvery row above resolves to a customer ID in the row-level extract

85 of the 106 returning customers who funded this month came straight to FundTap rather than back through the hub, and all 85 were attributed to 1Centre. That single row is the reason the flag sits on the customer and not on the application: on a transaction-level model, $4.9M of this month's funding would have gone unattributed.

Service level scorecard

RFP 2 · 5 · every commitment in the response

Every service level FundTap committed to at bid stage, measured monthly. The point of putting them in the same report as the money is that a promise made in a proposal becomes a number you can hold us to.

CommitmentTargetJune 2027VolumeStatus
Credit decision on complete information90% within 1 business hour, remainder within 292.3% within 1 hour, 100% within 2414Met
Application or onboarding queryAcknowledged within 1 business hour, resolved same business dayMedian acknowledgement 14 minutes, 96.9% same day258Met
Payments or arrears queryAcknowledged within 1 business hour, resolved same business dayMedian acknowledgement 11 minutes, 97.6% same day84Met
ComplaintAcknowledged within 1 business day, substantive response within 3All acknowledged same day, all answered within 2 days3Met
Facility change or new assessmentDecision within 1 business day100% within 1 business day47Met
Human contact before first fundingEvery new customer99 of 9999Met
Escalation from 1Centre first linePicked up inside the same hourMedian 9 minutes to first response61Met
Funding paid on the day of approvalOperating standard99.4%. Three rounds paid next morning after the bank cutoff461Watch
Support hours, NZ and AU8:30am to 7pm New Zealand time, every business dayHeld every business day22Met

One watch item. The three rounds funded the next morning all arrived after the 4:30pm bank cutoff on the last business day of the month. Fix in progress: a cutoff warning surfaced in the customer journey from 12 July 2027.

Support and engagement

RFP 5 · Appendix 1 CRM rows

1Centre's Poppy handles first line. This section shows what reached FundTap anyway, what it was about, and what FundTap did proactively so a customer did not have to ask.

Distinct inbound queries
512
65% of active facilities
Resolved at first line by AI
58%
297 of 512, no human involved
Escalated from 1Centre
61
median 9 min to first response
Proactive engagements
2,554
reaching 486 distinct customers

What customers asked about

share of 512 distinct queries

On FundTap's whole book, inbound runs at roughly one query for every 1.7 active applications. This cohort sits below that, which is what the pre-populated journey should do and is worth watching as the book matures rather than claiming as a win yet.

What FundTap did without being asked

proactive engagement
EngagementCountCustomers reached
Human calls to customers214186
Calls before a first repayment9999
Product email and SMS nurture2,180441
Facility limit reviews offered6161
Total proactive engagements2,554486 distinct

Automation sits on top of the human cadence rather than in place of it. On FundTap's own book the split runs about 460 human calls and 3,900 automated touches a month, reaching roughly 780 distinct customers, and the human volume did not fall when the automation was added.

Joint measures

1Centre supplies the first three rows
MeasureJun 2027May 2027Owner
Onboarding NPS, 1Centre survey+54+511Centre, per Appendix 1
Poppy conversations about funding2,4111,9081Centre
Handed from Poppy to FundTap6147Both
Satisfaction on FundTap conversations4.8 of 54.7 of 5FundTap
Customers who left a public review1914FundTap
Customers who asked to leave the offering00Both

Three rows come from 1Centre. They are here because a partner report that shows one side of a joint journey is half a report, and because the onboarding NPS is the number most likely to move first if anything in the funding step is wrong.

Platform and integration

RFP 4.1 · 4.2

The integration is a shared surface, so its health belongs in the partner report rather than in a ticket queue. Incidents are listed whether or not 1Centre noticed them.

Availability and incidents

measured against the agreed SLA definition
Availability, month99.94%
Availability, rolling 90 days99.91%
Severity 1 incidents0
Severity 2 incidents1
18 June 2027, 34 minutes, credit decision queue delayed. No applications lost, all decisions issued inside the service level once cleared. 1Centre notified at 9 minutes.Closed
Planned maintenance windows1
8 June 2027, 2:00am to 3:20am NZT, notified 10 days aheadAs notified
Change notifications issued3
API version in servicev1, no deprecation scheduled

Traffic and delivery

what the integration carried
API calls served312,400
Median credit decision response1.9 seconds
95th percentile decision response6.4 seconds
Error rate, 5xx0.02%
Webhook events delivered26,800
Delivered on first attempt99.87%
Failed after retries0
Duplicate submissions rejected on idempotency key88
Applications lost to a technical failure0

The data you already have, live

RFP 5f · 4.1 webhook catalogue

This report closes at month end. The account data below does not: it is available to 1Centre in real time so Poppy can answer balance, status and payment questions without transferring the customer. The monthly report is the reconciled, settled view. The live feed is the operating view.

Real-time account and status data

last synced 8 seconds ago
What Poppy can answer, per customer
CustomerFT-AU-118402
Application statusActive facility
Facility limit$45,000
Currently used$18,400
Headroom available$26,600
Funded rounds, open2
Next repayment11 Jul 2027, $9,840
Arrears flagNo
Webhook events published
application.receiveddecision.approved decision.declineddecision.referred facility.activatedfunds.drawn repayment.receivedarrears.entered arrears.clearedfacility.closed
Sample payload, GET /v1/customers/{id}/status
Event feed, last few minutes
09:14repayment.received$9,840
09:11decision.approvedlimit $38,000
09:07funds.drawn$16,200
09:04application.receivedNZ
08:58arrears.cleared$7,410

Scenario tracker and cohort economics

RFP indicative planning scenarios · 6.2d

At bid stage both parties agreed the Low, Base and High scenarios were modelling assumptions rather than forecasts, sitting on a denominator nobody had measured: what share of the hub's new business customers actually invoice on terms. This section reports the measured denominator, and tracks take-up against the scenarios rather than against a plan.

Customers funded per month, actual against scenario

12 months from public launch
Actual Base, 3% High, 6% Low, 1%

The denominator, now measured

1,444 businesses introduced since 15 February 2027
Businesses introduced and assessed1,444
Invoice their own customers on terms940 (65.1%)
Median debtor terms observed34 days
Median monthly invoiced value$84,200
New businesses onboarded through the hub, June6,240
Addressable at 65.1%4,062
Funded, as a share of all new onboards1.59%
Funded, as a share of the addressable pool2.44%

The Base scenario assumes 3% of new onboards funded within 12 months of launch. At month three the cohort is at 1.59% on the raw base and tracking the Base ramp. On the measured denominator, 3% of all onboards is 4.6% of the businesses that actually invoice on terms, which is the number worth planning against from here.

What this cohort is worth over time

projected on FundTap's measured book, not on assumption
MeasureBlendedNew ZealandAustraliaBasis
Fee revenue per funded customer, year 1$9,128$9,832$7,864Measured, 853 survivors
Fee revenue per funded customer, 60 months$24,135$26,795not publishedDirectional, 127 survivors. Australia has no mature book yet
Your share, year 1$990$1,066$853At the effective blended rate
Your share, life of customer$2,610$2,898not publishedEffective rate rises toward 11.5% by year 4
281 customers funded since launch, projected year 1 share$278,190n/an/aNot a forecast of new acquisition

The bottom row is the value already introduced, carried forward: what the 281 customers 1Centre has already sent are expected to be worth to 1Centre across their first year, on FundTap's measured revenue curve. It assumes no further acquisition at all.

The joint work list

Appendix 1 · monthly executive meeting

A report that only says what happened is an archive. These are the five things worth deciding together, carried into the monthly executive meeting on 14 July 2027 as the agenda.

1

502 activated facilities have never drawn

$23.09M of approved limits sitting unused. FundTap called 164 of them this month and 31 funded as a result, so the contact works. The remaining 338 are a marketing problem rather than a credit one, and 1Centre owns the customer relationship.

Ask: 1Centre runs a Poppy nudge to the 338 at their next trade credit event. FundTap writes the copy and supplies the segment weekly by API.
2

The accounting connection is still the biggest fixable loss

21 of the 32 businesses that abandoned mid-application stopped at the accounting connection step. It is the one step in the joint journey that 1Centre data could remove, and it was left open at bid stage.

Ask: 1Centre passes the accounting connection state it already holds so FundTap can skip the step where the customer has already authorised. Estimated recovery at current volume, 15 to 19 customers a month.
3

Construction is at 34% of receivables against a 35% ceiling

FundTap holds a hard cap of 35% for any single industry group as a share of total receivables. The cohort mix is not a FundTap selection, it is the hub's own shape. At the current growth rate the cap binds in the fourth quarter.

Ask: Decide at the July meeting whether to raise the cap with additional security conditions, or start shaping hub placement away from construction. Doing nothing means declining volume in October.
4

Australia converts later and funds smaller

Australia is 57.1% of introductions and 43.0% of value funded, with an average round of $17,220 against $19,600 in New Zealand. The gap is in the days between approval and first funding, not in approval rates.

Ask: FundTap adds an Australia-specific turnaround line from the July report so the gap is measured before either party guesses at the cause.
5

Decision automation is at 74% against a target of 85%

The remaining manual touches are almost all director verification edge cases: trusts, corporate trustees and directors resident outside New Zealand and Australia.

Ask: Confirm the December 2027 target and whether 1Centre can pass trustee structure at handoff. That single field closes about half the gap.

How this reaches you

RFP 6.2b delivery · 4.1

The same content, four ways, so nobody at 1Centre has to wait for a person to run something.

This dashboard

Live from launch. Activity refreshed every 15 minutes, settlement figures locked at month end. Access by named 1Centre user with single sign-on.

Settlement statement

Issued with the payment on the 20th, carrying the same reconciliation chain and the payment reference.

Row-level extract

Every figure in this report down to customer ID, funding round, fee, receipt date and share. Nothing here is a number you have to take on trust.

API

Once the integration is live the whole report is a call, so 1Centre can surface it internally without waiting for FundTap.

GET /v1/partners/1centre/reports/2027-06

Definitions

so a number means the same thing in both companies
Introduced

A business handed from the 1Centre hub to FundTap with the customer's consent, counted once, on the date of handoff. A business that returns later is not counted again.

Application completed

All information required for a credit decision is present. Applications waiting on the customer are not counted as completed and do not run against the decision service level.

Approved

A credit decision has issued with a facility limit. Approval and first funding are separate events; the gap between them is reported in the funnel.

Facility activated

Funding agreement e-signed and direct debit mandate in place. A customer can be approved without activating, and activated without ever drawing.

Funding round

One drawdown against the facility, one customer on one day. Funding size is always measured per funding round, never per invoice or per quote, because a customer commonly funds several invoices at once. This cohort averages 2.9 invoices per round.

Value funded

Gross invoice value of the funding rounds funded in the month. Advanced is 90% of that, paid to the customer on the day. The balance settles to the customer when their debtor pays.

Fee charged

One fee per funding round, quoted to the customer upfront: a base rate on the gross amount plus a daily rate for the funding period. There is one fee and it is quoted before the customer commits. No establishment fee, no management fee, no interest margin, and nothing else in the transaction.

Fee received

The fee on a funding round repaid in full. The share arises here and nowhere else, which is why the settlement chain starts at what was funded and ends at what was received.

Shareable fee revenue

Fees received in the month less overdue fees. This is the base the tier bands apply to.

Repeat funding rate

Share of the customers funding in this month who have funded before. FundTap's whole book runs at about 68%; a young cohort climbs toward it.

Arrears, default and write-off

Arrears is a repayment past its due date, aged from that date. A default state is a formal escalation, not simply an overdue balance, and about 90% of customers who enter one pay in full. A write-off is an amount recognised as lost after recovery has ended.

Notes on this sample
  • Every figure here is illustrative. The month, the businesses and the amounts are constructed to show what the report contains and how it reconciles, not to forecast anything. The rates and ratios underneath them are FundTap's measured data as at 20 August 2026.
  • The tier bands are shown measured on 1Centre-attributed shareable revenue. Whether the gates are measured on that or on FundTap's gross monthly revenue is a commercial term still to be agreed, and it changes which column the rate is read from, not the structure of the report.
  • Availability is shown to demonstrate the reporting mechanism. The committed availability figure and its measurement definition are set in the partnership agreement, not in this report.
  • Three groups of measures in this report need instrumentation FundTap is building ahead of the pilot opening on 15 February 2027: service level attainment, query response times, and satisfaction. They appear here because they are what FundTap intends to report, and the build is scoped into the integration.
  • Figures marked “FundTap book” are stated for comparison only: median 2.5 days sign-up to funded since 1 July 2026, 42% funded within 24 hours, 58% within 48 hours, 12-month fee revenue per funded customer $9,128 across 853 survivors, repeat funding 68%, accounting software connected on 27.9% of sign-ups.
  • Capital committed to the partnership is disclosed to 1Centre under the partnership agreement rather than published in a monthly report.

Prepared for 1Centre by FundTap · Sample for RFP question 6.2b · Seascape (2010) Limited, registered financial service provider FSP528906
Confidential to 1Centre and FundTap. Not for circulation.

FundTap provides invoice finance for small businesses in Australia and New Zealand. Australia: +61 1800 595 505 New Zealand: +64 800 88 33 55 Email: info@fundtap.co Address: 255 Hardy Street, Nelson 7010, New Zealand ABN: 47914654579 NZBN: 9429031726887