Borrowing

Jun
07

Wisr launches employee financial wellness solution: Wisr @ Work

Neo lender Wisr has launched a financial wellness program aimed at helping businesses combat one of the biggest causes of workplace stress, personal financial difficulties. Called Wisr @ Work, this program allows businesses to provide staff with online tools, education materials and debt reduction applications to help employees take control of their money and improve […]

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Jun
06

Mortgage group’s “mortgage hell” billboard above CBA

Online mortgage startup HashChing is advertising with a billboard above a Commonwealth Bank of Australia (CBA) branch. The home loan marketplace has launched a campaign against the big banks, which includes this billboard in the Melbourne CBD. The slogan reads, “Our brokers will go to mortgage hell, so you don’t have to”. Mandeep Sodhi, CEO […]

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GetCapital announces new partnership with FAST

Leading aggregator Finance & Systems Technology (FAST) has announced the appointment of specialist small business finance provider GetCapital to its lending panel. Founded in 2000, FAST is one of the largest and most established aggregators in Australia, supporting more than 1,300 brokers to arrange over $21 billion in residential and commercial lending for customers annually. […]

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Jun
05

DomaCom acquires $100m lending facility

Property crowdfunding firm DomaCom and a number of private lenders have partnered to provide the DomaCom Fund with an initial lending line of $100 million. In a statement, DomaCom chief executive Arthur Naoumidis said the lending facility would allow the company to purchase up to $250 million in property. “We have been seeking a default […]

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Jun
04

How this fintech startup chief facilitated $50 million in Australian business loans without stepping foot in the country

Business loan marketplace Lending Express launched in Australia in 2016, and since then it’s facilitated $50 million in small business loans. But it was only last month that co-founder and chief executive Eden Amirav first set foot on Australian soil. Now the Israeli startup has secured $US2.8 million ($3.7 million) in funding, Amirav has plans […]

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Jun
01

Tic:Toc boss calls out HEM issues and ‘questionable’ third parties

The CEO of online mortgage lender Tic:Toc Home Loans says that no human judgement need enter the equation when it comes to assessing the expenses of a mortgage applicant. With the first weeks of the banking royal commission now behind us, Tic:Toc founder and CEO Anthony Baum believes it has become clear that there is […]

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May
31

Wisr announces limit increases to personal loan product

Borrower demand, institutional backing and continued operational improvements support this change Neo lender Wisr announced it will increase its personal loan limits following increased borrower demand, strong institutional lender support and continued improvement to loan evaluation. As of today the company will increase its personal loan limit from $35,000 up to $50,000(1), with a comparative […]

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May
25

Do you know who you’re getting into bed with?

As new lenders pop up, seemingly overnight, Jacaranda Finance are going back to their roots.   With the new financial year looming, Jacaranda Finance has been hard at work re-building its brand, even going as far as designing a brand new logo. By going back to the company’s original roots of stripped down family values, […]

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