Founder and CEO of Art Money
Australian entrepreneur Paul Becker founded Art Money in 2015 with a bold mission to debunk the myth that art is “only for the wealthy” and something “you have to spend a lot of money to enjoy,” he said in a 2018 interview. To accomplish his mission, he built a finance and payment platform accessible to art sellers and buyers anywhere in the world.
What’s special about Art Money is that it not only facilitates the transaction of artwork but also provides zero-interest financing to buyers, which is often available along with the purchase of other high-priced consumer products. “We want to empower collectors, artists and galleries through our win-win business model,” Becker told Observer.
Art Money currently works with about 1,200 galleries worldwide and buyers mainly in the United States, Australia and New Zealand. The company closed a Series A funding round led by Acova Capital in September and is preparing for launch in the United Kingdom next year.