The growth flip came from a strategy Caroline calls "multi Geo, multi infrastructure and multi product." After 18 months hyper-focused on Australia, Hello Clever built banking relationships globally — going from about two to roughly 60 — and got its Australian Financial Services License.
See Caroline Tran's full take
Caroline says exponential growth "really happens when we started our strategy around multi Geo, multi infrastructure and multi product." They started in Australia in 2022 and "been hyper focused to Australia until actually early 2024, so that was 18 months." The catalyst to go global was risk: "for you to depend on one single bank to grow your business is not ideal — what if they say no to you?" So from mid-2024 they pursued "more and more banking relationships globally," strengthened compliance, and got their Australian Financial Services License. The result: "we've got about 60 banking relationships globally… instead of like two 24 months ago," with banks "in Japan, Philippines… the US and banks in Australia," and the Philippines as "our strongest market."