After Osko and BatchMaker, BPAY has launched Sypht and Lodge onto the market. The addition of the new companies is a strategic move for BPAY Group and signals its transformation beyond payments.
The organization has worked closely with BCG Digital Ventures (the innovation, incubation and investment arm of The Boston Consulting Group) to incorporate two separate technology companies, Lodge™ and Sypht™. The companies operate independently and are headed by their own CEOs.
Sypht uniquely uses machine learning and artificial intelligence to unlock the power of data. Sypht’s recently appointed CEO is Warren Billington.
Lodge is an emerging online property management platform for self-managed investors and relevant service providers to manage their investment properties. Lodge’s recently appointed CEO is Justin Jefferies.
There are different expectations for those two products when compared to BPAY and Osko but the culture of innovation now stretches across the entire BPAY Group.