Prospa reached $1.4 billion in loans originated
Prospa’s total originated loans came in around AU$1.4 billion and have been delivered to nearly 27,000 businesses since it was founded in December 2012.
Smartbank 86 400 passes on full rate cut on home loans
Australia’s first smartbank 86 400, has passed on the RBA’s full 0.25% p.a. rate cut to new and existing owner-occupied and investment home loan customers.
The top 5 factors that affect your ability to secure funding
Have you have ever been turned down for a loan or been unsuccessful when trying to secure funding? Here are the 5 Cs to getting credit approved.
Home loan startups warn against ‘hard transition’ to open banking
Home lending fintechs have welcomed further guidelines for open banking but say they will be forced to use old methods of collecting customer data.
Australian FinTech company profile #75 – Live capital
Live capital helps small and medium businesses find the loan that best suits their business by providing access to a network of premium lending partners.
PayPal thinks it has the answer for small business lending in Australia
PayPal has provided AU$500 million to 7,000 businesses in Australia since it launched a working capital offering less than five years ago alongside Citi.
Why businesses fail – and how to avoid it?
What are the major causes of businesses failure in Australia, and how can you as a business owner avoid it?
Australian FinTech company profile #73 – Harmoney
Harmoney is a personal lending platform offering risk-priced, unsecured personal loans up to $70,000.
