Butn (ASX:BUT): CEO Rael Ross on Embedded Finance, SME Lending & the Future of Business Funding

How is embedded finance reshaping the way small businesses access capital? In this episode of the Homodeus Research Podcast, Rael Ross, CEO of Butn (ASX:BUT), discusses the company’s mission to simplify business funding through technology-driven lending solutions and embedded finance partnerships. Rael explains how Butn has evolved from invoice finance into a broader working capital platform, the strategic importance of its partnership with MYOB, and why embedding finance directly into business software could significantly expand the company’s addressable market. The conversation also explores Butn’s proprietary lending platform, credit risk management, funding model, customer acquisition strategy, profitability outlook, and the key growth opportunities management sees over the coming years. Whether you’re an investor, fintech enthusiast or interested in the future of SME lending, this episode provides valuable insight into one of the ASX’s emerging financial technology companies. Topics Covered * Butn’s evolution into an embedded finance platform * How embedded finance is changing SME lending * The strategic MYOB partnership * Invoice finance and working capital solutions * Credit risk management and proprietary technology * Funding model and capital efficiency * Customer growth and distribution strategy * Path to sustainable profitability * Australian fintech industry outlook * Live investor Q&A