About PayLocker
Call: +61 3 70 50 60 80
Paylocker the new industry safeguard for trust , certainty and transparency for every build. From Day one to done you can rely on Paylocker.
PayLocker was created to address a systemic weakness in residential construction: the instability caused when project funds are commingled and misapplied.
Residential builder insolvency often results from cross-project cashflow stress. When funds intended for one project are absorbed into general trading accounts, delays and disputes can escalate into broader financial instability, affecting homeowners, subcontractors and suppliers.
PayLocker introduces a structured payment governance model designed to reduce this risk.
Under the PayLocker framework:
• Project funds are held in a dedicated, independently administered project account with an Australian banking partner
• Builders retain authorised, contract-aligned control of disbursements
• Trades and suppliers are paid directly from secured project funds
• Builder margin is released only after trade obligations are satisfied
• Full digital audit trails provide transparency across the life of the build
This model:
• Ring-fences project funds
• Reduces the risk of cross-project financial contamination
• Protects subcontractor payments
• Increases transparency for homeowners
• Supports stronger financial discipline across the sector
PayLocker does not replace regulatory financial capacity requirements. Instead, it reduces the volatility that often leads to financial distress, supporting broader reform objectives around insolvency reduction and consumer protection.
We are not a bank or insurer.
We are purpose-built payment governance infrastructure for residential construction.
Protecting progress. Strengthening confidence. Delivering safer builds.
Pay Safer. Build Smarter. Scale Stronger.
Established
2026
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 over 50 years in the construction industry, Peter has built a career that combines hands-on craftsmanship with bold entrepreneurship. From apprentice carpenter to unlimited registered builder, he has delivered high-value projects and founded several successful development companies, transforming properties into sought-after residences. A calculated innovator, Peter has continually explored new methods — from prefabricated modular systems to automated construction technologies. In 2020, recognising that payment systems in construction were overdue for change, he founded PayLocker — an AI-driven fintech platform that links payments to verified on-site progress, mitigates risk, and improves liquidity across the sector. Self-funded and strengthened by strategic early investment, PayLocker is now set to redefine how builders and developers manage payments and deliver projects and provide confidence.
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 authorizations, 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.
Lester Bryant
Advisor
With over 50 years of experience spanning engineering, construction, software development, and business innovation, Lester Bryant brings a rare blend of technical expertise and entrepreneurial vision. He began his career as an engineer in the 1970s and ’80s, building a deep foundation in design, problem-solving, and project delivery. By the 1990s, he had moved into business consulting, helping organisations achieve growth through strategic planning and operational improvement. Between 1998 and 2005, Lester worked as a construction consultant, recognised for combining technical precision with practical execution. In 2005, he transitioned into software development, creating tools that enhanced cost control and project efficiency. Since 2018, he has focused on quantity surveying, providing detailed cost analysis and risk strategies for complex builds. An innovator at heart, Lester has also founded and led several successful startups — translating his deep industry insight into lasting commercial impact.
John Cashmore
Advisor
With over 40 years in financial services, John Cashmore has built a distinguished career leading and advising organisations across banking, finance, and enterprise transformation. His leadership spans Australia, the Pacific, and regional markets, where he has guided teams through economic cycles, regulatory change, and strategic renewal. John has held senior executive roles in both multinationals and emerging enterprises, delivering results through disciplined financial management, risk oversight, and performance optimisation. Known for aligning strategy with execution, he has strengthened governance frameworks, improved profitability, and led organisations through complex transitions. Respected for his strategic insight and steady leadership, John is a trusted advisor to boards and executives. His deep understanding of financial markets and collaborative approach fosters accountability, cohesion, and innovation. Outside work, John remains committed to mentoring future leaders and promoting financial literacy and ethical business practice.
Dennis Franklin
Chief Technology and Information Officer
With a career spanning scientific research, defence intelligence, and business innovation, Dennis Franklin is a seasoned advisor and strategist known for bridging technical insight with strategic vision. Holding a Bachelor of Science (Honours), MBA, and PhD, he has worked across both public and private sectors in Australia and abroad. His early service in operational intelligence with the Royal Australian Navy Reserve developed his expertise in analysis, risk management, and strategic planning—skills he later applied across mining, manufacturing, and advanced technology. As founder of JTD Advisory, Dennis guides organisations through growth, innovation, and regulatory complexity, advising startups, government agencies, and established enterprises on strategy, investment, and digital transformation. Respected for his pragmatic and outcomes-driven approach, Dennis contributes to initiatives that strengthen transparency, compliance, and resilience across business, government, and community sectors.
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.