Prospa launches education initiative
SME lender Prospa has launched a new, interactive education program called ‘How to Prospa’ to assist brokers transition into SME lending.
Nonbanks poised to poach banks’ prime customers
The speed at which nonbanks operate is a key selling point, especially as compared to the “almost dysfunctional” speed to market capability of banks.
Australian FinTech company profile #52 – Study Loans
Study Loans is the first dedicated provider of student loans in Australia, to bring new and innovative funding alternatives to student education funding.
CUA partners with Sandstone Technology to transform home lending
Australia’s largest credit union, CUA, will partner with Sandstone Technology to deliver a complete end-to-end mortgage processing solution.
Lending portal welcomes small business lender
A business lender and an online lending portal have joined forces to bring a wider array of small business loan alternatives to both brokers and borrowers.
Wisr loan originations up 281% in FY19
Marketplace lender Wisr reported that loan originations in FY19 totalled $68.9 million, up 281% from the $18.1 million recorded in FY18.
Peter Gammell-backed Octet takes BoQ’s debtor finance arm
Bank of Queensland has sold its debtor finance business to the market’s second biggest non-bank player, privately-owned Octet
Australian FinTech company profile #48 – uno
uno actively manages your home loan so you never pay more than you should