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Panthera Finance

The business, the turning points, and the decisions behind them.

Founded2010
Event year2024
FundingUS$150M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Panthera Finance Pty Ltd was an Australian debt buyer and collector founded in 2010 in Toowong, Queensland, described as Australia's largest privately owned debt-collection firm. It purchased non-performing debts from banks, telecoms, automotive and power companies at a discount, then worked with individuals to manage and repay them. Its staff shrank from about 107 to 77 employees.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Panthera Finance was founded in 2010 in Toowong, Queensland as a debt purchase and collection company.

  2. Harassment ruling

    The Federal Court ordered Panthera to pay $500,000 for harassing three consumers over debts they did not owe, plus $100,000 to the ACCC's legal costs; the ACCC had received over 100 complaints about the company in two years.

  3. Portfolio transfer

    Panthera transferred a significant debt portfolio to Pioneer Credit Limited in 2023.

  4. Administration and acquisition

    After Victoria regulators confirmed a five-year restriction on Panthera's state operations following the harassment rulings, financial backers Brookfield placed the company in administration; in December 2024 Parramatta-based Francom Group bought Panthera Finance.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.