Household Capital's Story

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As former chairman of think tank Per Capita, CEO Josh Funder led research into ways to transform ageing from being a challenge or ‘grey tsunami’ into being an unprecedented period of life and something to celebrate. This formed part of the inspiration for Household Capital.

Josh and the early Household Capital team members worked to reframe ageing as an opportunity and to specifically look at financial adequacy, housing, health and wellbeing, community and connectedness. They recognised a huge demand from retirees who needed more funding, and a huge pre-existing savings pool that they’d already saved in their home equity.

"I like to make markets, and I like to feel like we are overcoming market failure, where demand is a legitimate need and supply is a good thing…and I saw failing to meet the needs of an ageing demographic as a significant market failure"
Josh Funder, Founder & CEO

Fast forward several years and Household Capital is a success story. We have fundamentally transformed the digital lending landscape for older Australians, pioneering a solution that addresses the critical challenge of a growing "asset-rich, cash-poor" retiree population. In an industry where innovation has been limited, our digital-first approach is a key point of difference.

Our technology empowers Australians over 60 to confidently access the wealth in their homes. Our platform delivers tailored, needs-based solutions that align with the diverse goals of modern retirees and helps to deliver on our mission - to help retired Australians Live Well At HomeTM.

Our Founder

Josh Funder

Dr Josh Funder is the CEO and Managing Director of Household Capital, which he founded in 2016. His distinguished career in finance and venture capital includes over a decade as a partner at GBS, Australia’s largest venture funds management firm, along with roles at the Boston Consulting Group in San Francisco and Infinity Inc in Boston.

Josh has a proven track record in investment, serving as chairman and director for successful companies like Peplin (ASX: PLI) and Spinifex Inc, and is a recipient of the AVCAL early stage investment award. Working with the Clinton Foundation HIV/AIDS Initiative, Josh helped successfully negotiate reduced prices for anti-retrovirals and initiate pharmaceutical supplies across eastern and southern Africa.

As co-founder and former chairman of think tank Per Capita, Josh oversaw research on longevity and positive ageing, which formed part of the inspiration for Household Capital.

Josh holds degrees in Science and Law from Melbourne University, an LL.M. from the London School of Economics, and a D.Phil from Oxford University where he studied as a Rhodes Scholar.