About PayLocker
Paylocker the new industry safeguard for trust , certainty and transparency for every build. From Day one to done rely on Paylocker.
Founded by industry professionals who saw firsthand the damage caused by insolvencies, mismanaged funds and stalled projects, PayLocker has reimagined how payments should work. We combine compliance-grade financial rails, milestone-based releases and real-time visibility to create a safer, smarter way to build.
PayLocker was created to solve one of the biggest pain points in residential construction—trust. For too long, homeowners, builders, and trades have faced delays, disputes, and financial risk due to unsecured deposits and unclear payment practices. PayLocker exists to change that.
We are a purpose-driven fintech safeguard built specifically for the construction industry. Our platform secures project funds in dedicated client-named accounts held with independent banks, ensuring money is protected and only released when agreed milestones are met. This gives every party—owners, builders, trades and suppliers—clarity, transparency and control from contract to completion. Our 1% safeguard model allows builders to improve cashflow confidence, reduces disputes and protects homeowners without the complexity of traditional trust structures. By digitising approvals, live ledgers and audit trails, PayLocker provides peace of mind, stronger relationships and a level playing field across the supply chain.
We’re not a bank, insurer or escrow provider—we’re a new category designed to protect progress and deliver confidence in every build. Whether you’re starting a renovation or managing large residential projects, PayLocker ensures funds are secure, accountable and working exactly as intended.
Pay Safer. Build Smarter. That’s the PayLocker promise.
Founded
2001
Mission
To provide the most secure and transparent payment solution, ensuring the protection of funds and fostering trust in construction and development projects.
Core Values
Security, Transparency, Trust, Innovation
Our Vision
To revolutionize the way payments are handled in the construction industry by eliminating fraud, enhancing transparency, and offering secure payment protection.
Meet Our Team
Peter Bowling
CEO - Founder
With more than 50 years in the construction industry—and an innate drive to blaze new trails—Peter’s career has always married hands-on craftsmanship with bold entrepreneurship. After rising from apprentice carpenter to registered as an unlimited-builder he didn’t just deliver high-value projects; he founded and grew multiple development companies, transforming properties into sort after residences. A calculated risk-taker, Peter continuously explores emerging construction methods—including prefabricated modular assemblies to a fully automated laser guided hedge trimming machine. In 2020, convinced that construction payments were long overdue for innovation, he set aside convention to build PayLocker—an AI-powered platform that synchronizes payments with on-site progress, mitigates risk, and unlocks liquidity exactly when it’s needed. Self-funded from inception and bolstered by a strategic seed round, PayLocker is on the verge of launch, poised to revolutionize how builders can better navigate the building payments process and execute projects profitably. His entrepreneurial vision blends deep technical know-how with a knack for spotting market gaps—and partnering with the right people to fill them. When he isn’t steering PayLocker toward its next milestone, you’ll find Peter tending his garden, carving fresh tracks on alpine slopes, indulging his love of exotic cars, or simply unwinding with his dogs.
Mark O'Brien
General Manager
Mark O’Brien is a dynamic General Manager with nearly two decades of experience guiding startups and high-growth businesses through the complexities of financial services, regulatory licensing, and operational scaling. He has a proven track record in helping founders and boards design compliant business models, secure ASIC authorisations, and establish governance frameworks that enable investor confidence. Mark blends commercial acumen with hands-on leadership, building teams, systems, and partnerships that allow early-stage ventures to scale quickly while maintaining discipline. Known for his ability to bridge strategy and execution, he positions startups for sustainable growth in competitive and highly regulated markets.
John Cashmore
Advisor
With over 40 years of experience in the financial services sector, John has built a distinguished career , leading organisations ranging from large multinationals to dynamic enterprises. His leadership journey spans decades, with key roles across Sydney, regional Australia, and the Pacific region, where he has successfully guided businesses through complex challenges and opportunities. In addition to his executive expertise, John is a trusted advisor, known for driving sustainable growth, enhancing operational performance, and executing strategic initiatives. His deep understanding of financial markets, paired with a collaborative leadership style, has earned him a strong reputation for delivering results and creating value across all levels. In John spare time he enjoys family, travelling, skiing and walking to stay fit.
Lester Bryant
Advisor
Lester Bryant is a seasoned professional with over 50 years of experience across engineering, construction, software development, and business innovation. His career blends technical expertise, entrepreneurial vision, and deep industry insight. Beginning as an engineer in the 1970s–80s, Lester built a strong foundation in problem-solving and execution. In the 1990s, he transitioned to business consulting, driving success through strategic planning and operational improvements. From 1998 to 2005, he worked as a construction consultant on a range of projects, known for balancing technical precision with practical delivery. In 2005, he moved into software development, building tools that improved cost control and project efficiency. Since 2018, he has focused on quantity surveying, providing detailed cost analysis and risk strategies for complex builds. Also an entrepreneur, Lester has launched successful startups by combining technical know-how with business insight—delivering lasting impact across construction and tech.
Dennis Franklin
Chief Technology and Information Officer
Dennis Franklin is a seasoned advisor, project leader, and strategist with a career spanning scientific research, defence intelligence, and business innovation. With a strong analytical background and deep understanding of complex systems, he brings a pragmatic, outcomes-driven approach to solving commercial and policy challenges. He holds a Bachelor of Science (Honours), an MBA, and a PhD, and has worked across both public and private sectors in Australia and internationally. His early career in operational intelligence with the Royal Australian Navy Reserve built his skills in information analysis, risk management, and strategic planning—skills he later applied across mining, manufacturing, and advanced technology. As founder of JTD Advisory, Dennis advises organisations navigating growth, innovation, and regulatory complexity. He has worked with startups, government agencies, and established enterprises to develop market strategies, assess investments, and deliver practical solutions for digital and structural transformation. Known for bridging technical insight with strategic vision, particularly where digital platforms meet compliance, productivity, and policy, Dennis remains active in initiatives across community, business, and government to build more transparent and resilient systems.
Kellie Cordner
Chief Marketing Officer
Kellie is a seasoned marketing and business transformation leader with over 20 years’ experience driving customer-led growth across ASX-listed companies, scale-ups, and global brands. With a strong track record and reputation for driving brand and business growth by understanding customers and creating strategy-led, customer-first plans that deliver results. As a C-suite exec she has helped turn around well-known Australian brands, built digital 1st brands both domestic and abroad, and led large teams, multi-million-dollar budgets, whilst building strong cultures and agency partnerships that enable the work to thrive all with a truth north of customer. She brings a unique mix of curiosity, commercial acumen, and is a digital native marketer. She holds a Bachelor Business Marketing, and is a Non Executive Director for an ASX listed company within the non traditional finance sector.
Privacy Policy
Our Privacy Policy outlines how we collect, use, and protect your personal and financial information. It explains your rights regarding your data and the steps we take to ensure the security and confidentiality of your information.
Product Disclaimer Statement
This Product Disclaimer provides important information about the limitations and responsibilities when using the PayLocker platform. It explains that while we offer secure payment solutions, there are limitations regarding third-party interactions and user responsibilities.
Target Market Disclosure
The Target Market Disclosure identifies the specific audience for which the PayLocker platform is designed. It highlights the industries and stakeholders that would benefit most from our services and outlines the platform’s suitability for particular users.