US fintech to acquire OnDeck
US fintech company Enova has announced that it is to acquire SME lender OnDeck in a transaction valued at approximately US$90 million.
Wisr smashes loan growth and revenue for Q4FY20
Wisr is well placed to continue lending, operations and growth of its financial wellness products through COVID-19 disruption and post recovery.
Online lenders warn SME loan scheme may miss the mark
Australian online lenders have seen little uptake of the federal government’s revamped $40 billion small business guarantee scheme.
British fintech aims to ride virus tailwind into Australia
British fintech OakNorth, a business lender and provider of credit-risk assessment tech, has just opened an office in Sydney.
86 400 supercharges its home loan distribution with AFG partnership
86 400, Australia’s first smartbank, has signed a strategic partnership with aggregator AFG to further expand its broker distribution network.
Illion to distribute Tic:Toc software to banks
Credit data giant illion is partnering with Tic:Toc to provide the fintech’s responsible lending platform to illion’s broad, existing customer base.
86 400 ready to kick home loan business into high gear
A year on from obtaining its full banking licence 86 400 has entered the next phase in its evolution and reports the home loan business is primed for growth
Open banking’s first loan approved
Leading Australian fintech company Basiq has worked with Regional Australia Bank to have the first loan approved under open banking.
