Westpac today announced an investment in legal and business services provider, Lawpath, and an exclusive partnership to support startups and small-to-medium sized businesses.
Lawpath is an online platform that provides businesses access to affordable legal services, accounting and compliance technology solutions to help meet their needs as they start up and grow.
Westpac Acting Chief Executive, Business & Wealth, Peter Herbert, said this initiative is aligned
“Lawpath currently supports half a million businesses to set up and grow, helping drive an important sector in the economy.
“As part of the partnership, Lawpath can help Westpac customers make starting and running a business easier, including registering an ABN, setting up a website or accessing expert small business legal services,” he said.
“Our investment in Lawpath aligns with Westpac’s strategy to partner with companies which offer our customers services to help run their business and make the complex simple,” Mr Herbert said.
Lawpath CEO Dominic Woolrych said: “Our ambition is to make the law more accessible to small business and support them with a broad range of services to help them thrive.
“We’ve seen increased demand for our services over the past few years, including in our artificial intelligence solutions which are helping to simplify the complexity of starting and running a business.
“We are delighted to partner with Australia’s oldest bank and company to help more businesses to get started and grow and support growth in the economy,” Mr Woolrych said.
Westpac’s investment in Lawpath builds on our range of partner offers available to business customers and banking solutions aimed at making life easier for small businesses. These include Westpac’s EFTPOS Air app which allows businesses to accept payments anywhere, anytime on a compatible iPhone or Android.