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.
Home-lending business to play second fiddle: Tic:Toc
Tic:Toc’s customer-facing home-lending businesses has experienced an 85% assessment efficiency improvement while also maintaining credit quality.
SocietyOne announces warehouse facility and $15m equity raise
Australia’s first and largest consumer marketplace lender, SocietyOne, has established a warehouse facility arranged by NAB, alongside a $15m equity raise.
Fintech Tic:Toc launches SaaS product to help banks lend more efficiently and responsibly
Tic:Toc has today launched its first SaaS product – XAI Validate – built for lenders, brokers and fintechs to make accurate financial decisions, faster.
CBA launches app for faster lending decisions
CBA has launched BizExpress, a business lending app which provides small businesses a faster lending decision and faster funding for loans up to $1m.
Prospa joins PLAN Australia panel
PLAN Australia has welcomed SME lender Prospa to its panel, enabling PLAN members to offer their clients Prospa’s small-business loans and lines of credit.