The chairman and MD appear to be Scottish. The MD previously ran Scottish Pacific Business Finance Pty Ltd which was part owned by Bank of Scotland. From the MD's biography on their website:
"Clive established the Octet Group in 2008 which provides technology to global financial institutions specialising in supply chain financing. Clive then introduced Octet Finance Pty Ltd as a financial institution into the Octet Group to provide a complete offering of finance to SMEs for their entire supply chain, utilising Octet’s unique closed community Platform.
"In August 2018 Clive successfully completed a $100 million securitisation program for Octet Finance Pty Ltd. Note funders were Westpac Bank and Challenger Group. More recently this program has expanded to $200 million.
"In August 2019, Clive oversaw the acquisition of Bank of Queensland’s Debtor Finance portfolio and effective partnership arrangement to deploy our non-competing supply chain finance solutions across the BoQ network, including a $55 million warehouse facility."
Competitor Analysis, page-63
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