IPEX is an Australian online payment platform that secures funds intended for a project, protecting developers, lenders, construction lawyers, project managers and subcontractors in the event of builder insolvency.

IPEX software integrates with a dedicated construction project bank account to ensure that progress payments are used only to pay approved subcontractors & suppliers linked to that specific project. IPEX provides developers and principals with visibility over who has been paid and when, without sharing a builders’ commercially sensitive information.

Whilst IPEX protects developer and subcontractor payments, it also helps financially secure builders to validate their money management practices, differentiating their bid from competitors in the process.