How Karia & Kobble Are Transforming Novated Leasing Through Embedded Banking in Australia

How Karia & Kobble Are Transforming Novated Leasing Through Embedded Banking

Outdated. Manual. Frustrating. For years, novated leasing has been a high-friction benefit. Reimbursement delays, manual claims, disconnected systems, and tax headaches have turned a valuable offering into a painful administrative burden.

Not anymore.

Karia’s embedded finance platform—built in partnership with Kobble—is modernising how leasing providers, employers, and employees manage novated leasing, operating leases, and salary-linked vehicle benefits. With real-time reimbursements, automatic reconciliation, and payroll-integrated logic, we’re delivering the infrastructure needed for modern leasing at scale.

Embedded Finance for Novated Leasing: Automate, Reconcile, Scale

If you're an HR, finance, or fleet leader, you know how fragmented novated lease management can be:

• Out-of-pocket employee payments

• Paper-based claim processes

• Delayed reimbursements

• Manual reconciliation

• Limited reporting

Karia solves these issues by embedding finance directly into your lease management workflow. With banking, payments, and compliance infrastructure built-in, our platform supports:

• Automated payroll deductions with live sync to salary systems

• FBT and GST-aligned categorisation for all expenses

• Real-time reimbursements for eligible vehicle-related costs

• Transaction-level reconciliation across accounts, vendors, and employees

• Pay-ins and pay-outs tied to vehicle events (servicing, insurance, registration, etc.)

• Audit-ready reporting for compliance teams

Whether you're managing five leases or five thousand, Karia gives you scalable control and clarity at every stage.

“The novated leasing industry has never implemented embedded finance before. Kobble immediately understood the complexity of our use case and moved incredibly fast to help us bring it to life. At every step, they’ve been responsive, innovative, and forward-thinking — and most importantly, their platform works seamlessly with our requirements. It’s going to be a game changer for the industry.”
— Oskar R., Co-Founder at Karia

Built for Novated Lease Management and Operating Leases

Karia’s platform is modular and built for flexibility across multiple leasing structures:

Novated Lease Management

• Real-time reimbursement of out-of-pocket expenses

• Direct integrations with payroll, HRIS, and accounting

• Budget tracking and alerts per employee or vehicle

Operating Lease Finance (Coming)

• Vendor pay-outs linked to lease origination workflows

• Lifecycle-based task automation (servicing, rego, compliance)

• Full FBT, GST, and depreciation tracking

Employer & Provider Use Cases

• Automated pay-ins from salary deductions

• Custom workflows for employers

• Role-based controls and scalable permissioning

Whether you're a small fleet operator or an enterprise-level leasing provider, Karia’s infrastructure supports your growth.

"Both Karia and Kobble were founded to solve the very problems our teams have experienced firsthand. Karia is tackling the legacy pain points in novated leasing, while we’re providing the embedded finance infrastructure we always wished we had. This is a partnership built on shared understanding, a deep commitment to operational excellence, and a relentless focus on the customer."
— Shane Chanel, Founder at Kobble

Before vs. After: Embedded Finance in Action

Before Karia + Kobble:

• Employees pay upfront

• Manual claims + reconciliation

• Delayed reimbursements (up to 4 weeks)

• Compliance and audit risks

With Karia + Kobble Embedded Finance:

• Employees submit once

• Instant, automated reimbursements

• FBT, GST, and ATO-aligned categorisation

• Reconciled pay-ins and pay-outs in real time

• Scalable for small teams and large enterprises alike

“The partnership between Kobble and Karia represents a fundamental shift in novated leasing and salary packaging in Australia. For the first time, providers have access to real-time banking, reconciliation, and the operational benefits that come with embedded finance. Kobble has proven to be an exceptional partner — fast-moving, adaptive, and focused on solving for our unique requirements. I highly recommend them.”
— Julian Davis, Co-Founder at Karia

Designed for Enterprise-Grade Control, Built for Teams of Any Size

Karia’s embedded finance infrastructure is modular, extensible, and integration-ready:

• Configurable rules and permissions by department or partner

• Bank-grade security and ISO-aligned compliance

• Real-time dashboards for spend, tax, and transaction flow

• Fully white-labeled for leasing partners

It’s not just a tool — it’s the system of record for the next generation of novated and operating lease management.

Abhishek from Karia's Perspective on Kobble Implementation

Abhishek Thapliyal, Senior Developer, Karia
"As we’ve been developing and implementing with Kobble, they’ve been a fantastic partner—super responsive and adaptive. From a devX perspective, it’s been seamless to implement."

Ready for What’s Next?

Embedded finance is just the beginning.

With Karia’s platform and Kobble’s banking infrastructure, novated lease providers, employers, and fleet managers can finally operate in real time, at scale, and with full compliance.