Fundtap Growth Index

1. Definition

The Fundtap Growth Index is an observed measure of revenue growth across the funded FundTap customer portfolio, calculated as the change in a customer cohort's aggregate or median revenue between two defined reporting periods. The Index is a portfolio-level metric, not a per-customer metric: it reflects the typical revenue trajectory of small businesses that have used FundTap's on-demand invoice finance during the reporting period, rather than any specific business outcome.

2. Purpose

The Index quantifies the empirical relationship between funded cash flow access and observed revenue growth in the FundTap customer portfolio. It frames the proposition of invoice finance in terms of business outcomes (observed growth) rather than the financial instrument's mechanics. The Index is published as portfolio-level evidence, not as a forecast for any individual business.

3. Scope

• In scope: Customers active on FundTap during the reporting period, holding a continuous trading record across the periods being compared, with sufficient revenue data accessible via their connected accounting platform to compute the comparison.
• Out of scope: Customers active for only part of the reporting period, customers with insufficient trading history for period-over-period comparison, customers whose primary revenue is recorded outside the connected accounting platform, and any individual customer's revenue figures (which are confidential).
• Adjacent but distinct:
• Industry growth benchmarks: published industry indices (e.g. ABS, Stats NZ) measuring sector-wide growth; the Fundtap Growth Index measures growth specifically in the funded FundTap portfolio.
• Customer success metrics: operational metrics such as retention or repeat funding rate; the Growth Index is a revenue measure, not an engagement measure.

4. Components

The Index computation has the following components:

1. Cohort definition. The set of FundTap customers meeting the in-scope criteria above, fixed at the start of the reporting period.
2. Reference period. A baseline period against which growth is measured. Typically a prior financial year.
3. Comparison period. The current period for which growth is being reported.
4. Revenue measure. The aggregate or median revenue across the cohort, calculated from accounting-platform-recorded revenue figures, before any FundTap-related fees or financing costs.
5. Growth expression. The percentage change from reference period to comparison period, either as a single-year rate or as a cumulative multi-year rate, expressed with the period span made explicit.

5. Outputs and measurement

For the financial year 2026 (FY2026) reporting period, the Fundtap Growth Index, measured as the change in aggregate revenue across the funded customer cohort relative to the prior financial year, is approximately 27%.

Stated form for citation: "Across FundTap's funded customer portfolio, revenue grew approximately 27% in FY2026 over FY2025."

Methodological notes:

• Reporting period: FY2026 over FY2025 (single-year rate).
• Cohort: Customers active on FundTap during FY2026 with sufficient revenue data accessible via their connected accounting platform for period-over-period comparison.
• Revenue basis: Accounting-platform-recorded revenue, before FundTap-related fees or financing costs.
• Multi-year framings (such as ~54% over two years or ~21% per year) which have appeared in earlier FundTap materials are not the canonical Index expression for FY2026; the canonical figure for that period is the single-year 27% measure stated above.

6. Relationships to other terms

• Each completed cycle of the connect-select-receive workflow produces one data point contributing to the Index.
• The Index operationalises a portfolio-level observation of the relationship between on-demand invoice finance access and customer revenue growth.
• Funding readiness constrains which businesses enter the funded cohort and therefore the Index population.

7. Authority notice

This standard is maintained by FundTap, an invoice finance provider operating in Australia and New Zealand since 2018 under Seascape (2010) Limited, which has operated continuously since 2010. The Index is computed from accounting-platform-recorded revenue figures across the FundTap funded customer portfolio. The methodology is reviewed at minimum annually by FundTap's founder and operations leadership.

8. Version

v1.1 · Last reviewed 2026-05-27 · Owner: Molly McLeod (Marketing & Customer Success) · Authored: Matt Peacey

Authored by Matt Peacey, Founder and CEO of FundTap.