Information memorandum companion · May 2026

The agentic
operating system
for Australian wealth.

TIFIN.AI Australia is the exclusive Australian licensee of a production-deployed agentic AI platform for wealth — built to serve the 2.6 million Australians who actively want financial advice and cannot access it.

Series A · Tranche 1 · A$9M at A$25M pre-money
Wholesale clients only · Corporations Act s708/s761G

The opportunity

A structurally underserved advice market.

Australia has one of the most underserved financial advice markets among advanced economies. The Royal Commission removed ~47% of licensed advisers. The cost of comprehensive advice ran past A$4,700 a year. The result: a 5:1 mismatch between what advice costs to deliver and what consumers will pay for it.

We are not competing for the A$7.8B that incumbents already serve. We are unlocking the A$1.2–2.3B of unmet demand that no one is serving — at a price the traditional model cannot match.

TAM A$7.8B Total Australian advice market
GAP A$1.2–2.3B Unmet demand — the 2.6M priced-out Australians
SOM A$33.9M Our FY2030 plan revenue

Source · Deloitte Australia · ABS · ASIC Adviser Register · TIFIN.AI Australia analysis

Why now

Three forces converge in 2026.

  1. 01

    Regulatory

    DBFO reforms expand the scope of advice that can be delivered without a full SOA. ASIC is actively engaging on AI-mediated advice through its Innovation Hub.

  2. 02

    Technological

    Agentic AI has matured from demo to production. TIFIN.AI is deployed across 10+ US enterprise wealth clients with five years of live engineering.

  3. 03

    Economic

    Cost-of-living pressure is pushing Australians to ask harder questions about super, tax and retirement — at the moment the traditional model can least afford to serve them.

Product

Two products. Two revenue lines.
One underlying platform.

Product 1 · AI Client Portal

B2B SaaS for advice networks.

  • $12.99 per client per month.
  • FY2030 target: 35 advice firms, 138,600 end users — 8.3% of advised-client base.
  • $17.5M FY2030 revenue · recurring SaaS · live FY2026.

Product 2 · Scaled Advice + Enterprise

AI-mediated advice at consumer WTP.

  • $800–$900 per client p.a. — inside consumer willingness-to-pay.
  • 800 clients per adviser — 7.3× traditional capacity.
  • 12 bps on FUM for enterprise licensing.
  • $16.4M FY2030 revenue, commercially live FY2027.

The platform underneath

Production today. Australia tomorrow.

TIFIN.AI is not a research project. The platform is deployed across 10+ US enterprise wealth clients and is backed by J.P. Morgan, Morningstar, Franklin Templeton, Hamilton Lane, Broadridge, SEI and Motive Partners.

Magnifi · Consumer-facing

AI-powered investing.

  • 100k+ retail investors.
  • $2B+ linked self-directed assets.
  • Conversational AI on live holdings.
  • Plain-English semantic search across ETFs, stocks and funds.
  • US Patent 11,954,099.

Sage · Adviser-facing

AI for the advisor workflow.

  • Deployed at AssetMark + US enterprise wealth.
  • Conversational portfolio workflow.
  • Firm-aligned, compliance-aware.
  • Holistic book-of-business view.
  • Xplan / HUB24 / Netwealth / CFS integration target.

Backed by

J.P. Morgan Morningstar Franklin Templeton SEI Hamilton Lane Broadridge Motive Partners

What makes this different

Not a chatbot. Not a robo-advisor.
An agentic AI system.

Trained on five years of live financial-advice workflow.

Agentic, not generative

An agent. Not a chatbot.

Multi-step, tool-using agents reason over actual client holdings — then run trade analysis, diagnostics and drafting end-to-end.

Conversational, not transactional

Holdings-aware dialogue.

Reads linked portfolio context in real time and runs full ‘what-if’ analysis on any trade — returns, risk, P/E, sector mix.

Portfolio intelligence

Risk that’s actually visible.

Live health score covering concentration, diversification, hidden overlap and macro sensitivity — the problems retail investors don’t see.

Compliance-aware by design

Built for licensed advice.

Firm-aligned, CIO-constrained outputs with full audit trail and governance — the prerequisite for licensed Australian deployment.

Why the economics work

Closing the 5:1 advice gap.

Traditional advice

$4,700 p.a.

≈110 clients per adviser

Constrained by labour. Built for the 5%.

TIFIN.AI scaled advice

$800–$900 p.a.

≈800 clients per adviser

Mature SaaS economics. Built for the 95%.

Capacity comes from AI-mediated workflow — not from cutting service quality.

Financial plan · Base case

Breakeven FY2029.
$23.7M EBITDA by FY2030.

Metric FY2026 FY2027 FY2028 FY2029 FY2030
Total revenue (A$M) 0.42.710.625.633.9
EBITDA (A$M) (3.8)(6.9)(1.1)14.223.7
EBITDA margin −253%−10%56%70%
Closing cash (A$M) 0.82.02.215.236.9

Tranche 1 of $9.0M raised now; Tranche 2 sized and offered separately at the relevant time. From FY2029 the business is designed to be self-funding. Plan reaches 70% EBITDA margin — the profile of a mature SaaS platform.

The offer · Tranche 1 · Wholesale clients only

A$9M at A$25M pre-money.

A 56% discount to the Company’s conservative DCF base case of A$56.8M.

A$9M

Tranche 1 size

A$25M

Pre-money valuation

≈26.5%

Tranche 1 dilution

A$500k

Minimum subscription

Security: Series A preference shares · 1.0× non-participating liquidation preference · standard institutional terms. Tranche 2 is a separate future capital event; Tranche 1 investors hold pari passu pre-emption rights.

Use of funds — every dollar tied to a milestone.

≈ 17–18 months of runway from Completion to the Tranche 2 milestone gate.

The team

Direct operating experience —
not industry-novel founders.

Marcus Price

Executive Chairman

Founding CEO of PEXA (2010–19) and former MD & CEO of Iress. Led PEXA's regulatory and corporate-affairs strategy through ARNECC, COAG and state-government engagement.

Trevor Nelson

Chief Technology Officer

30+ years delivering large technology programmes across banking, government and infrastructure — including PEXA’s national e-conveyancing platform.

Jeff Gibson

Chief Product Officer

Private Wealth Manager at Commonwealth Private (7 yrs) + Chief Data Officer and GenAI programme lead at Iress. Bridges product, data, advice and adviser workflow.

Dr. Vinay Nair

TIFIN.AI Founder & Exec Chair

Founded TIFIN in 2018. Architect of the 2026 consolidation into TIFIN.AI. Strategic relationships with J.P. Morgan, Morningstar, Franklin Templeton, SEI.

Naomi Rocha

GM, Administration

20+ years supporting C-suite leaders in Australian financial services and fintech, including PEXA and Certane. Operations and governance backbone of the Australian build.

Exit pathways & liquidity

Three credible pathways. Not mutually exclusive.

01

TIFIN Group Nasdaq IPO

Cross-jurisdictional liquidity

Pari passu participation with all TIFIN Group shareholders, at the same arm’s-length valuation methodology. Structural, not aspirational.

02

Standalone ASX listing

Australian listed market

If FY2030 EBITDA supports a standalone listing. Relevant if TIFIN Group IPO timing extends past the Series A holding period.

03

Strategic M&A

Trade sale at premium

Plausible acquirer set: CBA, NAB, Westpac, AMP, HUB24, Netwealth, Iress, large industry super funds pursuing direct member advice.

Each pathway is conditional on circumstances outside the Company's full control. None is committed.

Next steps · Tranche 1

Bridge the gap.

Production technology. An operating team that has done this before. A deliberately conservative plan.

  1. 01

    NDA + data-room access

  2. 02

    Initial meeting with leadership

  3. 03

    Indicative term sheet

  4. 04

    Due diligence + completion

Contact

Tifin.ai Australia Pty Ltd

Series A enquiries

Wholesale clients only — Corporations Act s708/s761G. Companion to the Information Memorandum (Draft v0.9) and Business Plan v13.