Prospa reports improved demand from SMEs
The FY20 results for non-bank lender Prospa reveal that loan originations saw an uplift in June, following a quiet few months due to COVID-19.
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
