Budgetly Secures Angel Investment from Fintech Veteran Michele Buson

Michele Buson brings deep expertise to Budgetly, drawing on his extensive experience as co-founder of Excel4apps, a globally recognised B2B SaaS company. Excel4apps provided innovative financial tools for Oracle and SAP systems, enabling businesses to streamline reporting and financial processes. Under Michele’s leadership, the company achieved significant global success, serving over 23,000 users in 67 countries, before its eventual acquisition by insightsoftware.

Budgetly has been on a remarkable growth trajectory, empowering Australian businesses with innovative spend management tools. The platform offers features such as prepaid employee cards, real-time budget controls, and seamless accounting integrations with software like Xero, making expense management simple and efficient. Since its launch, Budgetly has earned the trust of organisations nationwide, reflecting the strength of its solution and the growing demand for advanced financial technology in Australia. More than 10,000 Australian professionals use Budgetly every day. 

Powered by Amazon Web Services (AWS Bedrock), Budgetly leverages artificial intelligence to deliver smarter financial insights and enhanced user experiences. From real-time data extraction to fraud detection, AI ensures seamless operations while improving decision-making for businesses. AWS’s secure and scalable infrastructure underpins Budgetly’s ability to deliver reliable, cutting-edge solutions tailored to the needs of Australian businesses.

Simon Lenoir, Founder and CEO of Budgetly, welcomed Michele’s support: “We are excited to have Michele on board as an investor. His proven track record in fintech and SaaS, combined with his entrepreneurial vision, will be a tremendous asset as we scale and deliver even greater value to Australian businesses.”

The $400,000 investment will accelerate Budgetly’s growth, enabling the company to enhance its platform and reach a broader customer base. This milestone underscores Budgetly’s commitment to supporting Australian businesses with cutting-edge financial solutions that simplify expense management and drive operational efficiency.