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humm group

BNPL product ecosystem

humm group logo
201-500 employees
  • Fintech
  • B2C
  • B2B
  • Personal finance
  • Lending
The Rocks, NSW

Company mission

To revolutionise the way people pay.

Led by a woman

-5% employee growth in 12 months

Our take

In 2020 Humm, previously FlexiGroup, went all in on the emerging consumer trend towards buy-now-pay-later (BNPL) financing. The sector has seen a boom recently thanks to cash-strapped post-covid consumers looking, in particular, to help finance a growing number of ecommerce purchases. Humm has applied this principle to an extensive ecosystem of financial products, including leasing and credit cards, and extending their services also to retailers and SMEs.

It’s helped Humm become a leading BNPL player across Australasia, Canada, Ireland, and the UK - and this global reach may prove critical going forwards. The BNPL bubble on Humm’s Australian home turf is beginning to burst, with an increasingly reluctant consumer market, regulatory crackdowns on the way, the combined market capitalisation of BNPL companies tumbling, and many competitors merging in order to shoulder business costs.

Analysts predict that only a few of the dozen Australian competitors will weather the storm. This could be good news for Humm, although they will still face close competition from rivals Zip and Sezzle. If Humm can shore up its international presence in more stable BNPL territories, it could stand to win a larger market share as smaller competitors fold.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Flexibility - You’ve got a life, we get it! At hummgroup we offer a blended approach to working that gives you the flexibility to work at home or in the office depending what you have on. We just ask that you keep our customers front of mind at all times and that you get together with your team in-person at least twice a week to connect and collaborate (and attend our #instaworthy events). The rest is open for discussion
  • Health Fitness - We run initiatives to create a balanced work environment for our people. Events include winter flu jabs, yoga, bootcamps, paint vine, on site ice cream trucks, quiz nights and meditation to name a few – all managed by Vibes, our employee social & engagement committee
  • Discount - Our people who are our also our customers receive special discounts on humm products as well as discounts with our Retail merchant network across NZ and AU
  • No Dress Code - Our dress code is flexible. It acknowledges that our people are professional adults who can make the choices appropriate to their day
  • Referral bonuses - We believe our people are our biggest advocates - employees who refer someone that successfully is employed by hummgroup receive a bonus of up to 1k
  • Paid Volunteer Leave - We value our communities and want to give you the opportunity to give back
  • Employee assistance programme - Mental health and wellbeing are important to us. You will have access to EAP providers
  • Purchase extra annual leave - 4 weeks annual leave with the opportunity to purchase additional leave during the year

Company values

  • Feed your mind - Push yourself to stay up to speed with what's hot and new
  • Focus On Impact - Never lose sight of what you're here to do
  • Feel Their World - Know what drives our customers and makes them tick
  • Famous For Delivery - Get things nailed the first time
  • #FTB - There's no room for hierarchy - roll your sleeves up and get sh*t done

Leadership

Rebecca James

(CEO, not Founder)

A Stanford graduate who originally worked in marketing at American Express, before moving between various senior managerial roles at CX Lavender. Subsequently served as CMO at ME, and then Prospa.