Finstro joins SME Guarantee Scheme 2.0
Specialist SME business payments provider Finstro is now an approved lender in the Federal Government’s second phase of the Coronavirus SME Guarantee Scheme
Plenti achieves record loan originations
Non-bank lender Plenti achieved record loan originations of $106.9m for the quarter ending 30 September 2020, up 48% from the prior corresponding period.
AI platform Effi effortlessly streamlines mortgage brokers’ workflow
When Mandeep Sodhi came up with Effi, a Saas system to streamline the heavy-going paperwork requirements for mortgage brokers, it was music to their ears.
Changes to the government’s SME lending scheme open the door to fintechs… but not all the way
Changes to the government’s COVID-19 SME lending guarantee have come into effect which could also open the door for more fintech lenders to get involved.
Capify closes A$14 Million equity round as well as continued support from Goldman Sachs Merchant Banking Division
Capify announce it has closed a A$14 million equity round with continued support from Goldman Sachs Merchant Banking Division.
Australian Fintech MoneyMe secures $167m in a new funding facility led by Westpac
Australian fintech MoneyMe Limited announced it has secured A$167m through a new funding facility senior funded by Westpac.
New partnership between Lendi and iSelect cuts out the fuss and confusion for more Australian homeowners
Lendi has partnered with iSelect to deliver a seamless, end-to-end digital experience for more Australian borrowers seeking a better home loan.
Athena inks innovative mortgage funding deal
Athena Home Loans has struck an original deal in mortgage funding markets, offloading $300 million of loans it already originated to Newcastle Permanent.