Property Exchange Australia

Overview

Property Exchange Australia (PEXA) is an Australian company specializing in digital property settlement and lodgement solutions, established in 2010. It operates within the finance industry, specifically in lending and brokerage. PEXA has developed a platform that modernizes the property settlement process, transitioning it from traditional, paper-based methods to a more efficient and secure digital framework. The company collaborates with approximately 11,000 conveyancers and legal practitioners, as well as over 160 financial, governmental, and statutory bodies, facilitating streamlined transactions for property buyers and sellers. PEXA also addresses cybersecurity concerns associated with property transactions, as highlighted in its Scam Awareness White Paper, which discusses the rise of property settlement scams and offers guidance on safeguarding against them. The document emphasizes the importance of secure communication and verification practices for all stakeholders involved in property settlements. With a workforce of 201 to 500 employees and a reported revenue of approximately USD 163 million, PEXA continues to play a significant role in transforming the Australian property market through its innovative digital solutions.

Industry