Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Key facts
Counted staff
6
self-reported 2–10 band
Founded
2021
5 years
Registry matches
2
ABR
Office countries
1
1 address
Funding rounds
3
Seed · Nov 2024
Company type
Privately Held
self-reported
Legal entities
1 brand → 2 possible registrationsThese are name matches on ABR. 2 registrations share this brand's name; which one you contract with is a question for the register.
OUR LEG UP PTY LTD
ABN89654122513
OUR LEG UP HOLDINGS PTY LTD
ABN68654119632
Legal entities
Show as table · Our Leg Up: 2 registry entities
| OUR LEG UP PTY LTD | ABN 89654122513 |
|---|---|
| OUR LEG UP HOLDINGS PTY LTD | ABN 68654119632 |
| Confirmed matches | 0 of 2 |
A candidate is a name match on the registry, not a confirmed identity, and two candidates are ambiguity rather than a corporate structure.
Description
Our Leg Up (OLU) unlocks residential real estate equity to enable banks to offer market leading home loans with reduced risk and improved margin.
Australians hold the majority of their wealth (54%) in real estate equity - a sum larger than both the ASX and AU superannuation. OLU unlocks this wealth for partner banks as a force for good, enabling the delivery of more competitive loans for customers, while reducing risk and cost. For property owners unlocking their real estate equity (Investors), they earn a return on real estate equity without any cash outlay.
With OLU, partner banks can remove the biggest hurdle to homeownership, by lowering borrower deposit requirements to 5%, while still achieving 80% LVR with OLU’s solution. Customers therefore borrow at a lower LVR, thus benefiting from the bank's prevalent interest rate (which can be 30bps - 150bps less). This lower interest rate restores their borrowing capacity by 5% - 20% (compared to the high LVR assessment rate). Customers also save $10,000’s via lower ‘fee’ and interest repayments vs LMI. For partner banks, lowering LVR for these loans lifts margin, by reducing risk weighted assets and cost of capital for securitisation / bonds.
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | AU |
All codes: AU
Addresses
- AUMelbourne, VICPrimary
Grid intelligence Members
Funding
Rounds3
Round typeSeed · venture round
Amount (USD)not recorded
Stage rank2
Investors named1
Since last round1 yr 2 mo
Funding
Show as table · 3 funding rounds
| Rounds | 3 |
|---|---|
| Axis | 2021 to 2026 |
| Seed · 16 Nov 2024 | not disclosed |
Dated rounds only. The axis ends at the date this profile was last observed, not at today.
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
Names and titles are intentionally absent from this page. The source relation carries no consent record across the privacy regimes this directory spans, so it is never requested and never stored. Search engines see exactly what you see here.
Counts only. No names are stored here, and none are served.
FAQ
Which legal entities operate under Our Leg Up?
Two Victoria entities on the ABR. OUR LEG UP PTY LTD (ABN 89 654 122 513) and OUR LEG UP HOLDINGS PTY LTD (ABN 68 654 119 632). Both medium confidence.
How many people work at Our Leg Up?
The record holds 6 counted staff profiles at January 2026, inside the self-reported 2–10 band.
Where does Our Leg Up have offices?
One address on record, Australia only. Primary: Melbourne, VIC.
Has Our Leg Up raised funding?
Three rounds. Latest 16 November 2024: Seed, investor Startupbootcamp Australia, no amount recorded.
Which companies are listed alongside Our Leg Up?
16 profiles list Our Leg Up as a peer — 93rd percentile in Financial Services. It lists ten peers of its own. Slice and Briefcase list it back.