Household Capital

Office address: 19/321 Exhibition St, Melbourne VIC 3000 
Website: householdcapital.com.au 
Year established: 2016 
Company type: financial services 
Employees: 60+ 
Expertise: retirement funding, home equity, responsible lending, retirement income solutions, financial wellbeing, aged care funding, longevity risk management, wealth release strategies 
Parent company: N/A 
Key people: Dr Joshua Funder (CEO), Paul Stratton (COO), David Cash (chief risk officer), Ian Parkes (CFO), Vlad Jaric (chief technology officer), Anthony Nolan (chief credit officer), David Cash (director of capital) 
Financing status: venture capital-backed 

Household Capital is a Melbourne-based financial services firm helping seniors access home equity for retirement. The company partners with superannuation experts to support retirees’ income needs and wellbeing. Their team empowers older Australians to ‘Live Well At Home’ with flexible and responsible funding options. 

History of Household Capital 

Household Capital was founded by Joshua Funder in 2016 to address the gap left by late compulsory superannuation for many Australians. Drawing on research from Per Capita, the company saw ageing as a chance for new possibilities, not just a challenge. Household Capital’s early team focused on helping retirees unlock home equity to improve financial security, health, housing and community. 

The company is changing the digital lending space for seniors by creating a platform that meets the needs of ‘asset-rich, cash-poor' retirees. Their digital-first approach gives Australians over 60 the tools to unlock the wealth in their homes. The company’s technology delivers flexible solutions that match the varied goals of today’s retirees and supports their mission to help people. 

In 2021, Household Capital’s growth was boosted by a $300 million funding package from Citi and IFM Investors. By 2025, the company completed a $270 million RMBS issuance, which was more than four times oversubscribed. This strong support from local and global investors helps the firm meet the growing demand for retirement funding and continue supporting Australian seniors. 

Household Capital’s products and services 

Household Capital provides financial solutions for retirees and those nearing retirement by focusing on home equity access and related support services: 

Main offerings 

• Household Loan: flexible loan for retirees to access home equity for income, renovations, or unexpected costs 
• Pension Boost Service: support to help retirees maximise government pension entitlements and receive eligible benefits 

Wealth access methods 

• home equity wealth release: unlocks home value without selling, offering lump sum, income stream or line of credit 
• reverse mortgage: loan secured against the home, no regular repayments, repaid when the property is sold or owner moves to aged care 
• home equity access scheme: enables access to the government’s scheme for regular payments using home as security 
• refinance for 60+: refinancing options for homeowners aged 60 and over to manage debt or improve cash flow 

Household Capital also works with partners like Connective to make these solutions more accessible through trusted broker channels. This helps more Australians find retirement funding options that suit their needs. 

Company culture and values 

Household Capital’s team is driven by a strong purpose to help retirees enjoy life at home. The company’s mission shapes every decision and guides staff to focus on real outcomes for clients.  

These are Household Capital’s core values: 

1. agency: empowering clients to use their own wealth for their goals 
2. empathy: building trust and respect through genuine relationships 
3. transparency: creating a fair and equitable system for all clients 

Staff describe Household Capital as a collaborative and dynamic workplace where every team member’s input is valued. Employees highlight flexible work options, strong ethics and a shared pride in making a real difference for older Australians.  

About CEO Joshua Funder and key people 

Dr Josh Funder is the CEO and managing director of Household Capital, which he founded in 2016. He also serves as chair and director for several successful companies. Before this, he worked as a partner at GBS and held roles at Boston Consulting Group in San Francisco and Infinity Inc in Boston. 

Household Capital’s leadership team brings deep experience across many areas: 

• Paul Stratton, leads as COO, driving sales, marketing, operations and business growth 
• David Cash, serves as chief risk officer, overseeing credit, funding and risk management 
• Ian Parkes, manages as CFO and company secretary, handling finance, compliance and HR 
• Vlad Jaric, acts as chief technology officer, shaping technology vision and technical resources 
• Anthony Nolan, operates as chief credit officer, with broad banking and risk expertise 
• David Cash, guides as director of capital, bringing global insurance and investment experience 

The team’s broad expertise helps deliver strong solutions for Australia’s retirees. Their combined knowledge in finance, technology and retirement funding shapes a better customer experience. 

The future at Household Capital 

In 2024, Household Capital secured $263 million through its first rated mortgage securitisation, the HHC 2024-1 RMBS Trust. Then in 2025, the company completed a $270 million RMBS issuance, further expanding its ability to support retirees. These funding streams help the firm broaden its reach and offer greater financial flexibility to older Australians. 

Also, Household Capital sponsored SFGEmpowher’s 2025 women’s leadership and networking program, deepening its commitment to empowering women in finance. This partnership supports the company’s values and helps build its reputation as a champion for diversity and opportunity. With this focus, the company is set to inspire and su