Xero is getting into business lending, buying Sydney financing startup Waddle for $80 million
Xero is moving into lending to small business through invoice financing, announcing plans to acquire Sydney startup Waddle for up to $80 million.
Digital lender introduces tiered variable rates
Neobank 86 400 has introduced tiered variable rates for borrowers, enabling customers with higher deposits to access cheaper rates.
ASIC ‘excited’ by regtech solutions in responsible lending
Regtech solutions that help lenders efficiently assess credit files and risk profiles have the potential to improve performance across the lending industry.
SME lender acquires invoice finance platform
Skippr’s online invoice finance platform will combined into CML Group’s current Cashflow Finance and Classic Funding Group offerings.
Home loan auction platform goes national
Joust’s online home loan auction marketplace has announced it is going national in a bid to equally aid brokers and lenders of all sizes.
RateSetter rebrands to ‘Plenti’
RateSetter Australia has rebranded to Plenti as part of a broader move to ramp up the next phase of growth for the company.
La Trobe Financial digitises commercial lending and valuation process
La Trobe Financial has partnered with property valuation platform Valocity to help digitise and automate its commercial lending and valuation process.
Prospa wins MFAA National Fintech Lender of the Year three years in a row
Prospa has been named Fintech Lender of the Year for the third year in a row at the MFAA National Excellence Awards 2020.
